Senior Life Pricing Actuary-80-100%

This exciting new Global Pricing role in the Group’s Life Protection Unit Propositions and Pricing team will require a dynamic and experienced actuary who brings excellent technical and retail market pricing knowledge, combined with strong commercial acumen to drive pricing excellence. This is an excellent opportunity to support Zurich to achieve its ambitious profitable protection growth plans.

What you will do

• Support the Life Protection Unit and local business units in retail protection pricing aspects of product management and development, to ensure profitable growth
• Drive continuous improvement of Zurich’s Life Protection product pricing, through enhancement and implementation of pricing best practices
• Support BUs in implementing cutting edge techniques / data analytics approaches in Life pricing and proposition related topics
• Conduct targeted product / pricing deep dives to further improve new business quality
• Build and maintain tools to support calculation of Pricing KPIs and sensitivity testing, support BUs in their implementation
• Support pricing aspects of Group product approval processes

What you bring

• Fully qualified actuary with recognised professional body
• At least 10 years Actuarial experience, including expert knowledge of pricing Life insurance protection, with a primary focus on retail, and ideally across the range of typical products.
• Strong commercial acumen, including a detailed understanding of propositions from a customer, distributor and shareholder perspective, and an understanding of different life insurance business models and their impacts on pricing and products
• Experience from multiple markets and distribution models would be a significant plus
• Strong experience setting pricing assumptions, including use of data analytics techniques where relevant
• Excellent modelling skills across a range of tools – at a minimum with Excel, but ideally experience with standard tools in the industry e.g. Prophet, but also R / Python
• Ability to both lead, and work as part of cross-functional and cross-country teams
• Strong communication skills, verbally and in writing, with a proven ability to work across cultures and geographies
• Proactive self-starter, looking to support Zurich in profitable growth
• Role is English-speaking, however additional language skills are a plus