Role Purpose

The purpose of this role is to price and manage the risk in respect of new and existing business to ensure profitability and sustainability. The area is a high-pressure environment, and the suitable candidate needs to be able to produce high quality work while ensuring that tight deadlines are met.

Responsibilities and work outputs

•             Maintain, develop, and implement market leading Short-Term Insurance pricing models.

•             Explore and identify data and rating enhancements to inform pricing models.

•             Ownership of model performance against actual experience and acting on model weaknesses.

•             Developing and implementing pricing strategies for new and existing business to achieve growth and profit objectives.

•             Support the development of new and innovative products.

•             Drive, implement and maintain proper governance on pricing developed/deployed.

•             Support/advise the business using data and analytics.

•             Passion for Short-Term Insurance (STI) and pricing STI products.

•             Taking initiative to identify areas for improvement and act on it.