PRICING MANAGER - Leading Insurer
Leading Personal Lines Motor / Home Insurance provider require a Pricing Manager to lead and manage a team of Pricing and Senior Pricing Analysts in developing and delivering market leading pricing approaches and techniques. Reporting to the Senior Pricing Managers and interacting with Risk, Finance & Actuarial, you will deliver accurate and relevant statistical modelling of Motor and Home Claims, reporting and documentation. Key responsibilities: - Statistical modelling of Motor and Home claims experience, utilising GLM analysis and other statistical techniques. - Deliver up to date analyses of exposure to weather perils, utilising data and analysis from third party data and software providers. - Actively research, implement and demonstrate improvements to the claims modelling process, including the use of new statistical analyses. - Communicate/present results of the statistical modelling and rating structure development to Senior management and colleagues. - Monitor, understand and communicate to the wider business the historic and current written loss ratio of policies in our Motor and Home portfolios. - Working with the Actuarial team, carry out regular pricing best estimate ultimate claims reviews for Motor and Home. - Coach and mentor direct reports to ensure they have the capability and knowledge of systems, policies and procedures to deliver their roles and responsibilities. - Create detailed project plans designed to deliver financial and operational objectives relating to pricing. Knowledge, Skills and Experience - Degree level or equivalent qualification in mathematics statistics, economics or a scientific discipline and hold a relevant professional qualification for example FIA or CStat. - Ability to use statistical tools and modelling techniques to analyse and report on complex data to identify trends. - Strong data processing and programming skills in SAS as well as in-depth experience of using Microsoft Excel software. - Proven experience of having worked a successful Motor or Home underwriting and/or actuarial pricing function and experience of using industry standard actuarial tools (for example ResQ, Emblem, Radar and Classifier) - Able to apply judgement where data may be sparse or insufficient in quality or where considerable uncertainty surrounds the range of potential outcomes. - Ability to communicate clearly and concisely through different mediums, including report writing.