Actuarial Analyst
1 month ago
Take the next step in your career with us .
Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.
We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.
Our people are our most important asset, and we are very proud of the quality of our team members.
Responsibilities / Duties:
Account Pricing
1. London Marine Treaty Pricing
• Assist with modelling work performed by underwriters
2. Bermuda Specialty Treaty Pricing
• Provide pricing support to Bermuda-based specialty & property teams
3. Zug Office pricing
• Provide pricing support to Zug underwriting team. This covers Casualty, Property Catastrophe and Property Non-Catastrophe business
4. Support for Miami office pricing actuary at peak times
5. Support for Singapore office pricing actuaries as required
Pricing development (Best practices)
1. Model development
• Create enhance pricing models used in International Pricing, particularly in respect of Property, Casualty, Marine and Specialty lines
2. Parameter selection
• Derivation of parameters by line territory
3. Pricing output
• Completion and maintenance of pricing database for providing management information
Qualifications
• Student of Institute of Actuaries, or equivalent, with 4-8 exams
• Non-life (re)insurance pricing experience essential
• Strong Excel and Visual Basic for Applications (VBA) skills
• Strong analytical skills
• Ability to work across multiple practice areas, and to short deadlines
• Excellent communication skills, including the ability to explain complex issues in straightforward terms
• Ability to prioritise efficiently
• Willingness to travel, as required
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