Actuarial - GI - Pricing - Deputy Manager - RNA

RolePricing General
Requirements:
Knowledge of mathematics, probability, statistics and Commercial Insurance business.Knowledge of Insurance process(es) and pricing methodologies (conventional and Innovative approaches)Mandatory Requirements:
Work experience in Pricing for commercial insurance risks (eg. property LOB)Work experience on pricing modelling using Exposure and Experience rating methodologies.Should have in-depth knowledge in pricing methodologies using EMBLEM and RADAR tools.Should have built pricing tools/raters on Excel.Should have knowledge on Frequency, Severity modelling and Loss cost modelling.Additional good to have requirements:
Knowledge of actuarial tools (EMBLEM/RADAR), data mining tools like SQL/R/Python, automation using VBA macrosKnowledge of ST-8 General Insurance Pricing Actuarial science would be preferableWork experience on GLM modelling Frequency and Severity Work experience on Impact Analysis using Radar tool would be an added advantage.Screening parameters:
Work experience in General Insurance PricingKnowledge on Pricing Exposure & Experience rating techniques (familiar with key concepts like LDF, ILF, loss curves)Cleared or appeared for Actuarial Science exam- ST-8General Insurance PricingModelling (Frequency & Severity modelling) using Emblem/R/SAS/PythonQualifications
Proficient in predictive analytics methodology and its use in the insurance industry.Experienced in use of R, Python, and other open-source languages.Familiarity with Willis Towers Watson modeling software preferred.Working knowledge of P&C insurance marketplace.Knowledge and understanding of best practices and the competitive landscape.Job Location