Job Title

Overview: Context: This is a data focused role, and their data warehouse is accessed via SQL so a good understanding of that is crucial. They also take an open-source approach to end-to-end analysis and depending on the task, a strong working understanding of R and visualisation libraries such as Plotly, Shiny/FlexDashboard & Leaflet. Working experience of a visualisation tool such as Tableau or PowerBI will also stand you in good stead. In a day-to-day sense you will be monitoring the underwriting performance of their portfolio, identifying issues and then working to deploy changes to address them.Key responsibilities:Pricing, Underwriting & Portfolio ManagementDevelopment of new and existing tools to ensure appropriate oversight and management of the portfolio & underwriting performancePro-active model management and adequacy of portfolio pricing layersIdentifying and proposing new opportunities to expand their pricing & underwriting footprint across the entirety of the home marketA bonus would be experience of Geo-Spatial Pricing & Risk ManagementEnsure data used for pricing and monitoring is complete, accurate, adequate and timelyPricing Development & Model DeploymentProvide timely, data-driven pricing & underwriting reviews, to assess the adequacy of rating and underwriting rules for new & emerging trendsReviewing, overlaying & deploying new and existing models, leveraging a toolbox of manual & automated pricing & underwriting solutionsEnhancing the capabilities 'structure of the algorithm which sets the final net priceSourcing, testing & deployment new features, through a mixture of data enrichment and feature engineeringSupporting the development of new products & propositions, by ensuring that these have been appropriately priced, from various data sourcesMethodology Development and InnovationIntroduce innovative approaches to pricing & portfolio management, leveraging automation and advanced analytics to enhance accuracy and efficiencyContinuously refine methodologies, incorporating emerging best practices and regulatory changesKnowledge, Skills & Experience Strong technical expertise in pricing & portfolio management methodologies, particularly within general insurance You understand the key methods for tracking risk portfolio performance AP/TP ratio, RMI, AvEs & Various forms of development triangles You have experience building, overlaying and deployment of technical pricing models using both GLM and GBMs Ability to work independently in a start-up-like environment, with a proactive and entrepreneurial mindset Exceptional communication and presentation skills, with the ability to influence and challenge constructively Support the team to forecasting loss ratio performance No management experience is required, but there are opportunities to mentor pricing analysts within the teamQualifications and Experience Hands on experience handling and interpreting data relating to Pricing & Portfolio Management A minimum of 3 years personal lines insurance pricing/actuarial experience You have strong understanding of Home Insurance market. Not only just in pricing but also supported by a good understanding of Home Insurance products and emerging risks/opportunities of them Comfortable working with technology and code while SQL and R are critical, to do the job well you may need to pick up a basic understanding of Java, as their rating systems are all built in house A good communicator changes to pricing have significant impact so they want someone who is comfortable explaining them to various stakeholders