SME I - Actuarial Pricing

About the Role

SME I - Actuarial Pricing for North America Property team. Reports to Team Lead. Role focuses on large account pricing for Primary/Excess property covering admitted and non-admitted business with complex aggregate deductible structures.

Key Responsibilities

• Collaborate with the North America Property team on core pricing responsibilities, with a focus on large account pricing for Primary/Excess property covering admitted and non-admitted business with complex aggregate deductible structures.
• Apply pricing methodologies, including experience rating, exposure rating, exposure curves, and simulation techniques as necessary to support pricing analyses and underwriting decisions.
• Engage with CAT modelling team to review and incorporate model outputs.
• Partner closely with underwriters to review and communicate pricing outputs, advise on rate change, key assumptions and recommendations.
• Participate in pricing meetings and effectively address questions related to pricing analyses, assumptions, and indications.
• Contribute to ad hoc analyses and longer-term pricing initiatives.
• Maintain, enhance, and document pricing tools, templates, and processes.

Requirements

• Undergraduate degree in an analytical discipline such as Mathematics, Actuarial Science, Statistics, etc.
• Pursuit of actuarial exams to qualify as an actuary and having good exam progress.
• 5+ years of relevant actuarial work experience in Property & Casualty insurance; experience in property lines and large account pricing is an advantage.
• Strong analytical skills with proficiency in statistical software (e.g., R, Python, SQL) and actuarial tools.
• Excellent communication skills, with the ability to convey complex information clearly to non-technical stakeholders.
• Strong problem-solving skills and attention to detail.
• Effective interpersonal skills, ability to manage competing projects, meet deadlines and work independently.