We are seeking a highly analytical and skilled Insurance actuarial analyst to join our Pricing Team. This role is pivotal in developing, maintaining, and enhancing pricing models that incorporate various rating factors. You will work closely with internal teams and leverage advanced risk assessment, data-driven underwriting techniques, and market analysis to ensure our pricing strategies are competitive and aligned with business objectives.
Key Responsibilities
- Pricing Model Development: Design, maintain, and refine dynamic pricing models and simulators.
- Cross-functional Collaboration: Work with sales, product development, and management teams.
- Advanced Risk Assessment: Evaluate customer data, claims history, and external factors.
- Data-Driven Underwriting: Implement predictive analytics and AI methodologies.
- Strategic Reporting: Develop dashboards and reports for performance tracking.
- Market Analysis: Monitor industry trends and competitor pricing strategies.
- Risk Management: Formulate strategies to mitigate financial risks.
- Innovation and Compliance:
Stay updated with regulatory and technological changes.
- Stakeholder Management: Maintain strong relationships with stakeholders.
Qualifications:
- Bachelor’s or master’s degree in actuarial science, Mathematics, Statistics, or related field.
- Minimum five (5) years of experience in pricing, portfolio monitoring, underwriting or a related insurance discipline.
- Experience in travel insurance is preferred.
- Experience in Radar is preferred.
- Experience working with offline travel agencies is an advantage
- Ability to work effectively across diverse cultures and international environments.
Additional Requirements:
- Expertise in data analytics, predictive modeling, and AI.
- Proficiency in SQL, R, Python, and database systems.
- Solid analytical and problem-solving skills.
- Excellent communication and stakeholder engagement skills.
- Commitment to continuous learning.