The Role: The Pricing Manager has the overall responsibility for managing one of the actuarial general insurance pricing teams. These pricing teams share responsibility for technical price certification across all the Clients Insurance business segments and lines. They monitor and track key performance indicators on pricing once in production. This role reports into the Chief Pricing Actuary. The successful Candidate will work closely with peer pricing managers to manage the underwriting performance of various lines of business across specialist, commercial and personal market segments.Key Tasks & AccountabilitiesExternal:Manage stakeholder expectations and foster collaborative relations.Constantly strive towards improving pricing insight relevance in the greater business.Provide professional actuarial support and advice to the business.Analyse and interpret pricing monitoring results and communicate conclusions to product and underwriting teams.Support and participate in portfolio management and performance assessment against KPIs.Collaborate and coordinate efforts with the managers of product & underwriting, reinsurance, capital, reserving, finance, claims, policy administration, management information, various IT functions.Internal:Plan, prioritise and manage your teams work within SLA and capacity.Manage pricing basis review projects within agreed milestone delivery dates.Ensure new and existing data sources are developed and maintained.Create, maintain and constantly improve price monitoring reports.Maintain modelling minimum standards and drive your team and processes towards best practice.Recruit new staff and ensure their systematic training and development.Manage performance and take corrective action when required.Provide appropriate leadership to staff and reinforce company culture.Technical Proficiency:Computer LiteracyAccomplished Microsoft Office user, effective PowerPoint presenter and able to automate using VBAAccomplished SAS (preferable), SQL and Qlikview (and advantage) user, with proven ability to reconcile administration and claims transaction data to financialsAccomplished pricing modelling software user, e.g., WTW, Earnix, Quantee, etc. (with optimising experience an advantage).Accomplished GI actuarial pricing specialist with in-depth familiarity with concepts, such as: Large Account Pricing, GLM modelling, Segmentation, Rate and Exposure Change, Premium and Loss Ratio Walks, Inflation and Frequency assumption setting, etc.Office and project management experienceFamiliar with GI pricing and portfolio management best practice an advantage.Qualification(s):3 Year Actuarial Science DegreeSignificant progress with actuarial examsOther relevant qualifications, courses and trainingWork Experience:At least 4 years GI insurance pricing experienceExperience in other actuarial functions, e.g. Capital and Reserving an advantageExperience of providing actuarial advice to senior management.Experience at prioritizing, resourcing and planning.Ability to manage diverse work portfolio and team.Demonstrate ability to collaborate effectively across functions and influence outside of own function.Skills:Time Management & PrioritisingPlanning, delegating and tracking workOrganising and coordinationInformation driven decision takingAble manage expectations and changePersonal Qualities:Motivator, influencer and thought leaderAccomplished communicator, a great listenerEarnest collaborator, with best practice biasProlific solution and synergy coordinatorEfficient at delivery, while maintaining high qualityControl cycle proponent, an accomplished process improverDecisive and assertive caretakerAdditional InformationYour application will only be considered should you meet the minimum requirements of the vacancy.If you have not received a response within 14 days from the closing date, please consider your application unsuccessful.The company reserves the right not to fill this position.
