Protection Pricing Actuary

Oliver James Associates Ltd.; Dorking; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a nearly or newly qualified actuary to join their dynamic pricing team. This role involves developing innovative pricing models for protection products, analyzing risk factors, and ensuring compliance with regulatory standards. You will collaborate with various departments to integrate actuarial models into business processes and advise on pricing strategies. The ideal candidate will possess strong analytical skills, exceptional communication abilities, and a high proficiency in mathematical and statistical modeling tools. This is a fantastic opportunity to advance your career in a supportive environment that values professional growth.

Qualifications

• Nearly/newly qualified actuary with experience in pricing models.
• Strong analytical and communication skills are essential.

Responsibilities

• Develop pricing models for protection products and analyze risk factors.
• Collaborate with departments to integrate actuarial models.

Skills

Actuarial models

Analytical skills

Problem-solving

Communication skills

Mathematical modelling

Statistical modelling

Teamwork

Education

Actuarial qualification progression

Tools

Statistical software

Job description

Oliver James are partnered with a leading provider of employee benefits provider in growing their pricing team. We are looking for a nearly/newly qualified actuary to specialise in protection pricing.

Role & Responsibilities:

1. Develop pricing models for protection products.
2. Analyse risk factors and ensure compliance with regulatory standards.
3. Collaborate with other departments to integrate actuarial models with business processes.
4. Advise on pricing strategies and product development initiatives.
5. Prepare comprehensive reports detailing analysis outcomes and recommendations.
6. Stay updated with industry trends, technological developments, and regulatory requirements affecting pricing.

Key Skills:

1. Proficient with actuarial models and demonstrable experience in the insurance sector.
2. Previous Protection Pricing experience is desirable but not essential.
3. Strong analytical skills, with a talent for problem-solving and attention to detail.
4. Excellent communication and presentation skills, capable of conveying complex actuarial concepts.
5. High proficiency in mathematical and statistical modelling tools and software.
6. Ability to work effectively both as part of a team and independently.
7. Candidate must show strong progression towards becoming a qualified actuary.

Our client cannot provide Visa sponsorship at this time.