Data Driven Actuarial Insights Specialist
4 days ago
We are looking for a motivated individual to join our Home Pricing and Underwriting team as a Graduate Actuarial Analyst. In this role, you will be part of a dynamic team that leverages advanced data analysis to drive business growth and profitability.
Key responsibilities include applying actuarial techniques to solve critical business problems, contributing to value creation, cost reduction, efficiency improvements, and best practice implementation. You will have a hands-on role in developing effective, profitable rating and underwriting strategies.
The successful candidate will have a Bachelor's degree in Actuarial Science or a related field, progressing through actuarial exams is a plus. Familiarity with general insurance concepts, analytical mindset, strong problem-solving skills, and proficiency in programming languages like Python, R, SQL, or SAS are also essential.
A competitive salary of $60,000 - $80,000 per annum is offered, along with opportunities for career growth and professional development. If you are passionate about data-driven decision making and eager to learn, we encourage you to apply.
About the Role:
- Support the Actuarial team and company on pricing and underwriting decisions through accurate and timely data-driven analysis.
- Assist in evaluating portfolio composition, trends, and deviations from expected outcomes.
- Compile and prepare data for analysis, modelling, and technical review of predictive claims models.
- Present findings and recommend rate adjustments to management based on model insights.
- Implement changes in pricing and underwriting systems.
- Help design, refine, and deliver reports for various business functions.
- Collaborate with business units to ensure timely service for client underwriting referrals.
- Contribute to the improvement of systems, including pricing, underwriting, and broader sales and policy systems.
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