What are the responsibilities and job description for the Actuarial Analyst position at Canopius?
Job Description
The Role
Assists with pricing analyses, pricing model development and resolving pricing-related queries from the wider business.
Responsibilities
Key Responsibilities
Gathers and prepares data from a variety of sources.
Calculates loss ratios and assesses the profitability of individual accounts or portfolios, regularly monitors actual and expected pricing experience, assists stakeholders to build and deliver key performance indicator reports, and executes recommendations on pricing changes.
Assists with recommendations of pricing actions based on deal or segment performance, ensures portfolios remain competitive and ensures business strategy is fully executed.
Contributes to the development and improvement of pricing models, business cases for new products and enhancements to existing products.
Supports pricing performance and trends analyses and delivers those insights back to product- and market-facing teams.
Assists with the completion of portfolio profitability reviews and portfolios scenario analyses to help the formulation of underwriting strategies and tactical plans.
Qualifications
Skills
- Communication
- Data Analysis
- Financial Risk Management
- Insurance Business Acumen
- Programming / Scripting
- Reporting
- Stakeholder Management
- Statistical Analysis
- Insurance Risk Selection & Pricing
- Underwriting Strategy
- Salary : $65,000 - $80,000
Salary : $65,000 - $80,000