Bangalore, Karnataka
29 days ago
Analyst - Actuarial Pricing

As a key member of the North America Inland Marine pricing team, you will independently conduct quarterly price monitoring reports and play a crucial role in the pricing process.

 

Pricing Support: Actively attend pricing meetings, addressing queries and providing support to pricing actuaries and business leaders. Effective Communication: Summarize and communicate analysis results with clarity and precision, ensuring accuracy and an eye for detail. Conduct Price Monitoring Studies: Perform thorough monitoring studies for Inland Marine insurance products to assess pricing adequacy and identify emerging trends. Analyze Historical Data: Evaluate historical loss data, premium production, and retention rates to assess pricing effectiveness and recommend adjustments as necessary. Provide Actionable Insights: Develop insights and recommendations for pricing adjustments based on monitoring results and data analysis. Collaborate Cross-functionally: Work with cross-functional teams to evaluate potential impacts on the portfolio and overall business strategies. Prepare Reports and Presentations: Create comprehensive reports and presentations to effectively communicate findings and recommendations to senior management and stakeholders. Stay Informed: Keep abreast of industry developments and best practices in pricing and actuarial methodologies to enhance team knowledge and practices.

 

Eligibility Requirements:

Educational Background: Bachelor’s degree in actuarial science, Mathematics, Statistics, or a related field  Actuarial Exams: Good progress in actuarial exams having successfully passed at least four exams. Experience: Minimum of 3 years of relevant actuarial experience in Property & Casualty insurance, preference given to candidates with some pricing experience. Technical Skills: Strong analytical skills and proficiency in statistical software (e.g., R, Python, SQL) as well as advanced Excel and VBA capabilities. Communication Skills: Exceptional communication abilities, able to convey complex information clearly to non-technical stakeholders. Problem-Solving Abilities: Strong problem-solving skills with meticulous attention to detail. Teamwork and Independence: Proven ability to work both independently and collaboratively in a team environment.

As a key member of the North America Inland Marine pricing team, you will independently conduct quarterly price monitoring reports and play a crucial role in the pricing process.

 

Pricing Support: Actively attend pricing meetings, addressing queries and providing support to pricing actuaries and business leaders.Effective Communication: Summarize and communicate analysis results with clarity and precision, ensuring accuracy and an eye for detail.Conduct Price Monitoring Studies: Perform thorough monitoring studies for Inland Marine insurance products to assess pricing adequacy and identify emerging trends.Analyze Historical Data: Evaluate historical loss data, premium production, and retention rates to assess pricing effectiveness and recommend adjustments as necessary.Provide Actionable Insights: Develop insights and recommendations for pricing adjustments based on monitoring results and data analysis.Collaborate Cross-functionally: Work with cross-functional teams to evaluate potential impacts on the portfolio and overall business strategies.Prepare Reports and Presentations: Create comprehensive reports and presentations to effectively communicate findings and recommendations to senior management and stakeholders.Stay Informed: Keep abreast of industry developments and best practices in pricing and actuarial methodologies to enhance team knowledge and practices.

 

Eligibility Requirements:

Educational Background: Bachelor’s degree in actuarial science, Mathematics, Statistics, or a related field Actuarial Exams: Good progress in actuarial exams having successfully passed at least four exams.Experience: Minimum of 3 years of relevant actuarial experience in Property & Casualty insurance, preference given to candidates with some pricing experience.Technical Skills: Strong analytical skills and proficiency in statistical software (e.g., R, Python, SQL) as well as advanced Excel and VBA capabilities.Communication Skills: Exceptional communication abilities, able to convey complex information clearly to non-technical stakeholders.Problem-Solving Abilities: Strong problem-solving skills with meticulous attention to detail.Teamwork and Independence: Proven ability to work both independently and collaboratively in a team environment.
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