Pricing Actuary Expert
3 weeks ago
Fidelis Underwriting is a leading provider of specialty insurance and reinsurance products. As a global company with offices in Dublin, London, and Bermuda, we offer a range of services to our clients.
The Fidelis Partnership is a 40-year-old business with a proven track record of outperformance. Our team works closely with senior management to make strategic decisions for the group, including catastrophe modeling and actuarial pricing.
We are expanding our Group Actuarial function to build out our Pricing team. The successful candidate will report to the Head of Property Pricing and be responsible for producing case pricing, model development, portfolio analysis, and business planning encompassing Direct & Facultative, Energy (renewables), Construction, Terrorism, and Treaty.
Duties and Responsibilities
- Inwards treaty and case pricing for property lines, providing underwriters with a range of metrics to inform decision-making.
- Developing tools and models for underwriters to price individual risks and manage their portfolios.
- Perform portfolio analysis, generate KPIs, and identify areas of portfolio optimization to increase profitability while meeting client needs.
- Prepare presentations for stakeholders, including senior management, reinsurance partners, and investors.
- Model prospective outward programs for these lines of business, offering metrics on pricing, capital implications, and expected profitability impact.
- Engage with Underwriters and Planning Teams to optimize PML and capital deployment by lines and region based on an agreed range of metrics.
- Maintain an up-to-date business plan.
- Support head or property pricing team with ad-hoc projects to assist current and future business needs.
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