Pricing Actuary- 12 Month FTC
Pricing Actuary- 12 Month FTC
Zurich Insurance Europe AG is looking for a Pricing Actuary to join the Personal Lines Pricing Team, working within the Underwriting department of Zurich General Insurance Ireland and reporting to the Personal Lines Pricing Manager. The key purpose of this role is to support the delivery of the Zurich GI Personal Lines Pricing strategy and objectives. This role is being offered as a 12 month FTC.
This role may be available part-time or full time. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full-time. Please talk to us at interview about the flexibility you may need.
Your Role
As a Pricing Actuary your main responsibilities will include, but not necessarily be limited to, the following:
Key Accountabilities:
- 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
Your Skills & Experience
As a Pricing Actuary, your skills and qualifications will include:
Required
- 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.
Additional Experience
- Experience with relevant software and programming languages e.g. Excel, VBA, R, Python etc.
Capabilities:
- 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.
Additional Information
Primary work location is IFSC based but occasional travel may be required to other Zurich locations.
If you value an exciting and varied working environment and meet the above requirements, then our recruiter, Jemma Doran is looking forward to receiving your application by clicking on the button “Apply online”.
Who we are
Zurich is one of Ireland's leading insurance companies providing a wide range of general insurance and life insurance products and services. The company employs over 1,000 people across its locations in Dublin and Wexford.
Zurich is a strong brand – with our 53,000 employees worldwide form the basis of our success, helping our customers in 210 countries and territories to understand and protect themselves from risk. In order to deliver our services, we offer our employees flexible working models and interesting opportunities for further training & development. As a Zurich employee you benefit from a multitude of advantages as well as a strong culture, characterized by acceptance, diversity and team spirit.
At Zurich, we foster a culture of diversity and inclusion. Our purpose and values are designed to protect, inspire confidence and help our employees reach their full potential. We value and defend what is right and promote opportunities for equity among our professionals, regardless of gender, disability, LGBTQ +, race, ethnicity, generations, belief, etc. Join Zurich and be part of this culture. Together we are committed to delivering on our purpose - Let’s Create a Brighter Future Together!