Logo of Huzzle

Pricing Actuary- 12 Month FTC

  • Job
    Full-time
    Mid & Senior Level
  • Data
  • Dublin

AI generated summary

  • You need to be a qualified or nearly qualified actuary with G.I. pricing experience, a quantitative degree, software skills (Excel, R, Python), strong analytical and communication skills, and motivated as a team player.
  • You will maintain pricing tools, execute renewal pricing, analyze rate changes, ensure compliance, provide insights, automate processes, and support colleagues in delivering high-quality pricing strategies.

Requirements

  • Qualified or nearly qualified actuary with several years’ experience in G.I. pricing
  • Bachelor’s degree (or equivalent) in a quantitative field e.g. Mathematics, Computer Science, Finance, Economics, Actuarial Science, Business, Data Analytics etc.
  • Experience with relevant software and programming languages e.g. Excel, VBA, R, Python etc.
  • Accuracy and Attention to Detail
  • Strong Analytical Skills
  • Strong Communication Skills
  • Highly motivated, demonstrating initiative and ability to work independently.
  • Flexible team player with the ability to build and maintain relationships with a wide range of stakeholders.

Responsibilities

  • Maintenance of tariffs and pricing tools including the implementation of changes to rating structure
  • Assist in implementing effective pricing strategies to support business objectives
  • Ensuring timely and accurate execution of Renewals pricing each month
  • Ensuring that Renewal Pricing strategy meets the requirements set out by the Financial Plan and by the LoB head
  • Ensuring completion and improvement of robust checks and controls to ensure accuracy of prices and minimise premium leakage
  • Ensuring completion and improvement of robust checks and controls on our compliance with Differential Pricing regulations
  • Undertaking impact analyses on proposed rate changes and other initiatives
  • Assist in delivering monthly reporting on key performance metrics
  • Implementing improvements to MI reports
  • Assist in the provision of pricing insight to Line of Business heads and Underwriters to support portfolio management
  • Compile and categorize data and verify factors and assumptions used in Pricing calculations
  • Perform analyses to provide accurate data and outputs for use by Pricing and Underwriting Management
  • Participate in the evaluation and review of new/proposed processes for use in the pricing of Personal Lines business
  • Ensuring that pricing deliverables are completed on time and to a high standard
  • Provide support to the Pricing Manager, Chief Pricing Actuary, Pricing Team colleagues, and other Pricing stakeholders
  • Support the automation of critical pricing processes to improve efficiency and operational excellence
  • Compliance with Zurich Group & Local policies, procedures, and best practices

FAQs

What is the duration of the Pricing Actuary position?

The Pricing Actuary position is offered as a 12-month fixed-term contract.

What are the main responsibilities of the Pricing Actuary role?

The main responsibilities include maintenance of tariffs and pricing tools, implementation of pricing strategies, execution of renewals pricing, ensuring compliance with regulations, undertaking impact analyses, and providing pricing insights.

What qualifications are required for this role?

A qualified or nearly qualified actuary with several years of experience in general insurance pricing, along with a bachelor's degree in a quantitative field such as Mathematics, Finance, or Actuarial Science.

Is experience with programming languages important for this role?

Yes, experience with relevant software and programming languages such as Excel, VBA, R, and Python is considered an important asset.

What type of work environment can I expect?

You can expect an exciting and varied working environment with strong support for diversity and inclusion.

Will I need to travel for this position?

The primary work location is based in the IFSC, but occasional travel to other Zurich locations may be required.

Is there flexibility in working hours for this role?

Yes, the role may be available part-time or full-time to accommodate the best candidates' needs.

Who should I contact if I want to apply for this position?

You should contact the recruiter, Jemma Doran, by clicking the “Apply online” button.

What kind of company is Zurich?

Zurich is one of Ireland's leading insurance companies, providing a wide range of general and life insurance products and services, with a strong emphasis on diversity, inclusion, and employee development.

Finance
Industry
10,001+
Employees
1872
Founded Year

Mission & Purpose

Zurich Insurance Group, commonly known as Zurich, is a leading multinational insurance company headquartered in Switzerland with a strong global presence, including the UK. Their core business involves providing a wide range of insurance products and services to individuals, businesses, and institutions. Zurich's ultimate mission revolves around helping their customers understand and protect themselves from risks. They achieve this by offering various insurance solutions, including life insurance, property and casualty insurance, as well as pension and investment products. Zurich's purpose is to safeguard individuals and businesses against unforeseen events, ensuring financial security and peace of mind. They are committed to delivering excellent customer service, promoting sustainability and resilience, and making a positive impact on the communities they serve.