01Responsibilities
Work with the Australia Business Package Pricing team on key pricing responsibilities, such as portfolio reviews and actuarial pricing.
Conduct regular portfolio review to evaluate the performance of the product, assessing profitability, loss ratios, and trends.
Design, develop, and maintain pricing models that incorporate risk factors, market trends, and claims experience.
Utilize actuarial techniques and data analytics for analysis of experience.
Prepare detailed pricing and portfolio analysis reports for pricing actuaries, underwriters, and stakeholders, clearly communicating assumptions, methodologies, and results.
Contribute to continuous improvement initiatives, refining portfolio review process and improving efficiency.
Eligibility:
Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
3 to 5 years relevant actuarial work experience in Property & Casualty insurance; experience in pricing or portfolio review is an advantage.
Strong analytical skills with proficiency in statistical software (e.g., R, Python, SQL) and actuarial tools.
Excellent communication skills, with the ability to convey complex information clearly to non-technical stakeholders.
Solid problem-solving skills and attention to detail.
Ability to work independently and collaboratively in a team environment. .
