The Chinese Actuarial - Career Opportunities

Reinsurance Pricing Actuary opening in England. Conduct pricing analyses, implement actuarial pricing tools, produce pricing monitors, and perform other work as necessary to support the appropriate pricing of Reinsurance business written in the UK/Europe and Asia. Responsibilities: Prepare analyses of internal and external data to support existing pricing tools. Assist in evaluating the impact of alternative pricing model parameters, refinements to benchmark loss costs and industry curves, and pricing of new product. Assist underwriters in creating value-added products and risk solutions. Participate in the creation, maintenance and enhancement of tools to project expected losses and expenses for individual accounts and portfolio segments for primary business. Assist underwriters with use of actuarial pricing tools, specifically to handle unique or unusual situations or large accounts with sufficient data to warrant actuarial evaluation. Participate to ongoing dialogue and feedback with underwriters – promote understanding, use and confidence in actuarial tools and analyses. External communication and contact as required (e.g., brokers, reinsurers, customers, regulators, etc.). Monitor quality of data for price monitoring purposes and provide estimated rate change movements on underwritten business. Identify pricing issues, if any, and track profitability and financial performance of select accounts, products and business segments. Work across functional areas to assist in providing effective management information. Prepare and analyze the information from internal and external actuarial databases and from the databases of the different pricing tools Corporate Function – Participate on underwriting audits and work with the Reserving area to provide feedback to Executive Management; degree in a relevant field (eg. Actuarial science, mathematics, statistics, business, insurance). FIA, FCAS or equivalent (nearly qualified or ACAS qualified will be considered). With at least 8 years experience (international experience a plus), and a minimum of 2 years reinsurance pricing experience. Significant experience with non US casualty – strongly preferred, experience working with commercial catastrophe models preferred. Salary $open. (PR5267*)