Overview
Position Title: Life Pricing Actuary / Part-Qualified Actuary
Company: Zurich Insurance
Location: Chichester, UK
Job Description
This role will be responsible for delivering and developing pricing of our Retail Protection products. This is a key role in enabling the Retail Protection function to achieve its growth strategy. Working within a small but perfectly formed team we need someone with protection pricing experience, who gets the detail of the modelling and has a great understanding of the retail protection market.
Responsibilities:
- Adapt pricing approaches to be suitable for different markets and channels
- Accelerate the timescale of delivery of rates to market
- Ensure processes / models are robust, scalable and adhere to internal / external governance and regulatory requirements
- Monitor performance of Retail Protection products (term life, CI, IP, WoL and other related benefits/propositions) against plan targets and proactively identify and implement initiatives to enable success
- Embed new propositions / proposition enhancements into the pricing process
- Employ tactical pricing solutions where required
Requirements:
- A qualified / part-qualified actuary with protection pricing experience at a UK insurer
- In depth knowledge of pricing techniques, elasticity modelling, reinsurance, and profitability metrics
- Excellent data analysis skills, able to confidently work with large data sets
- Wide knowledge of the UK Protection market essential
- Prior knowledge of Radar/Emblem software desirable but not essential
About Zurich Insurance
With about 53,000 employees, it provides a wide range of property and casualty, and life insurance products and services in more than 210 countries and territories. Zurich’s customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872.
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