Pricing Actuarial Analyst 219 views

JOB OVERVIEW

Allianz Partners is seeking a part qualified Actuary to join their Pricing team.

This position will sit in the actuarial pricing team responsible for the Individual and SME book of Allianz Partners’ International Private Medical Insurance (IPMI) portfolio. Reporting to the Assistant Pricing Manager, the successful candidate will split their time across various projects focused on implementing Az Partners’ strategy, such as launching new solutions and expanding into new territories, while also maintaining the current book of business.

The successful candidate will need to be self-motivated with a strong can-do attitude. The ability to adapt quickly to a fast paced environment is essential. Experience in a product and pricing role is desirable, but not essential.

Allianz Partners are an industry leading IPMI insurer, who are going through a phase of rapid expansion.  This role offers the successful candidate an opportunity to develop their skills, while working on varied projects across a product suite spanning multiple geographies.

RESPONSIBILITIES
Responsibilities will include, but are not limited to, the following:

•    Work closely with key stakeholders to develop and refine product and pricing propositions to meet internal and external requirements
•    Participate in strategic projects where pricing input is required
•    Support the preparation of strategic business case analysis to understand and achieve a desirable balance of growth/profitability
•    Provide technical pricing support and analysis for key business projects
•    Assist in the determination of suitable premiums for new products to facilitate entry into new markets and territories
•    Provide comprehensive experience analysis to enable the company to develop a deep understanding of the emerging experience
•    Communication and presentation of results of analysis to senior management and various stakeholders
•    Development of reports to further automate dissemination of information across business teams
•    Manage the accurate and timely implementation of premium rate structures on policy administration and quotation systems
•    Ensure appropriate controls, policies and documentation are maintained to ensure all legal, regulatory and compliance requirements are satisfied
•    Lead the Actuarial Function and ensure that it is adequately resourced in terms of human resources, systems and other technical resources to ensure efficient and cost effective service delivery and foster a culture of continuous improvement in the Function
•    Ensure the appropriateness of the methodologies, underlying models and assumptions made in the calculation of premium rates
•    Look to develop a number of areas of technical excellence, participating in the learning and development required to support the growth of these fields of expertise.