Motor Insurance Actuary (Part or Fully Qualified)

Recruiter
Headstart Employment.
Location
Newcastle Upon Tyne
Posted
10 Jan 2018
Closes
09 Feb 2018
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
Motor Insurance Actuary (Part or Fully Qualified)£65,000 - £150,000 dependent on experience
Candidates must have motor insurance experience.
This role could be based in Newcastle or Gibraltar!
• Ongoing maintenance and enhancement of rating structure/ pricing algorithm
• Manage and develop the reporting of rate and exposure monitoring
• Contribute into the Planning process, setting Plan loss ratios by product and country
• Perform regular Portfolio reviews to segment and analyse the book and identify profitably performing areas
• Liaise with other actuarial teams like the Cat Modelling team, Reserving, Capital
• Engage with the Predictive Modelling (PMU) on predictive analytics to drive rating variable decisions
• Ensure appropriate and timely data sourcing for the PMU, CAT team, Pricing and Planning work streams
• Perform/Peer review the parameterisation of the capital model using Igloo software to analyse loss ratio distributions
• Ensuring products and prices are compliant with relevant legislation e.g. European Gender Directive and the UK Equality Act
• Building relationships with Underwriting, Sales, Operations, Claims, and IT.
• Supporting the Underwriting team in their decision making and UW actions implementation and monitoring by proactively carrying out technical analysesQualifications/Required experience:
• Qualified or Part Qualified Actuary
• Undergraduate degree in Mathematics/Actuarial Sciences or relevant field
• Experience of Motor insurance is essential
• Strong interpersonal skills and the ability to work well in team environment
• Excellent written and oral communication skills; ability to explain technical issues in non-technical terms
• Excellent software/technical skills. Experience with SAS, RADAR, Emblem or Igloo would be an advantage

Headstart Employment is an Equal Opportunity Employer
This job was originally posted as www.totaljobs.com/job/79089248