Hnw Pricing Actuary

2 weeks ago


London, Greater London, United Kingdom Chubb INA Holdings Inc. Full time
Are you a Nearly Qualified or Newly Qualified Actuary with Home Insurance or Motor Insurance experience?


If you have experience in an Actuarial role and are looking to take the next step in your career development within a truly global organisation then we would love to hear from you.


We have an opportunity in our London office which is part of the European Actuarial Pricing team, working specifically on Personal Risk Services (High Net Worth).


This role will be embedded into the European HNW Pricing team, comprising of 4-5 teammates, and involves regular interaction with other actuarial functions like CAT modelling, Reserving, Capital, Predictive Modelling and Reinsurance.

HNW is a significant class of business for the Company. Within Europe, it comprises a combination of growing and profitable Motor and Home business, totalling over £100m GWP.


Experience in both Home and Motor insurance in UKI desirable as well as proficiency in Radar and coding languages like SQL or Python.

Previous experience in Reserving would be an advantage.

KEY RESPONSIBILITIES
Lead and perform regular Portfolio reviews to segment and analyse the book and identify profitably performing areas

Contribute into the Planning process, setting Plan loss ratios by product and country

You will participate in pricing and underwriting decisions

Contribute to the regular review of the performance of delegated authority schemes

Liaise with other actuarial teams like the Cat Modelling team, Reserving and Capital to ensure alignment and efficiency of communication

Engage with the Global Analytics team on predictive analytics to drive data led decision making

Work with Claims to improve data insights and enrich claims data

Ensure appropriate and timely data sourcing for Pricing and Planning work streams

Perform the parameterisation of the capital model using R to analyse loss ratio distributions

Qualifications:

REQUIRED SKILLS & EXPERIENCE:

Qualified or Nearly Qualified Actuary

Experience of Home and Motor insurance desirable

Excellent software/technical skills

Proficiency in Radar, SAS or similar desirable

Proven ability to meet deadlines and manage competing priorities and partners

Strong interpersonal skills and the ability to work well in team environment

Excellent written and oral communication skills; ability to explain technical issues in non-technical terms

Experience in reserving would be an advantage but not essential

We offer in return


Competitive salary & pension scheme & discretionary bonus, 25 days annual leave plus ability to purchase 5 additional days, Private Medical cover, Employee Share Purchase Plan, Life Assurance, Subsidised gym membership, Comprehensive Learning & development offerings, 1 day annual Charitable leave, cycle to work scheme, Employee Assistance program.

INTEGRITY. CLIENT FOCUS. RESPECT. EXCELLENCE. TEAMWORK

Our core values dictate how we live and work. We're an ethical and honest company that's wholly committed to its clients. A business that's engaged in mutual trust and respect for its employees and partners. A place where colleagues perform at the highest levels. And a working environment that's collaborative and supportive.
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