Irish Market Comm - Lines Pricing Manager
- Recruiter
- BCT Resourcing
- Location
- Dublin, Dublin
- Salary
- €100,000 - €120,000 per annum
- Posted
- 10 Feb 2017
- Closes
- 10 Mar 2017
- Ref
- 1372619
- Contract Type
- Permanent
- Hours
- Full Time
Our team are currently representing a leading GI Insurer in their focus to appoint an Actuarial Commercial Lines Pricing Manager.
The successful candidate will deliver the planned GI pricing strategy and profitability for the Irish GI business, with particular focus on Commercial Lines of business, both Motor and Non-Motor and work with all local functions and senior management in ensuring that the Pricing function operates effectively in Ireland.
You will support the UK based Technical Pricing & Analytics function in the development of best in class technical pricing and customer behavior models for the Irish market and use leading edge segmentation and modelling techniques to identify and exploit preferred market niches and drive competitive advantage.
You will be responsible for:
* Make pricing recommendations to the Ireland Pricing Forum for all areas of Commercial Insurances (Motor, Property and Liability classes) to deliver planned profitability and drive rating change in the market.
* Maintain effective pricing governance and control process for the Irish market and full documentation of pricing consistent with the GI Technical Pricing Standard.
* Manage the pricing change process, requests and new pricing development demand for Ireland Commercial Lines
* Support and build close working relationships with local distribution functions.
* Deliver effective local market pricing implementation capability.
* Identification of emerging Pricing issues in the local market.
* Responsible for leading and managing a specialist pricing team.
* Lead actuarial projects and review technical work.
* Working as part of a team with the relevant portfolio managers, develop new products and solutions to business problems.
About You
The role holder will have the appropriate 1st degree and be a Qualified Actuary/Statistician. You will need to have GI Pricing experience in Personal or a Commercial Lines business with knowledge and understanding of the Irish General Insurance market. You must have a strong commercial and strategic awareness of GI Pricing with strong technical numerical, actuarial or statistical background.
You will also need to have
* Extensive knowledge and experience of the full range of standard GI Pricing techniques including rating adequacy techniques and methodologies, GLM risk modelling, customer behaviour modelling and Price Optimisation.
* Extensive experience of the implementation of best practice technical pricing into street pricing.
* Experience of delivery of pricing solutions which meet the needs of distributors and customers whilst ensuring that profit and COR targets are also met.
* Excellent relationship management skills with the ability to influence at all levels and across different functions.
* Excellent judgement and decision-making skills with the ability to work to tight deadlines under pressure.
* An ability to clearly articulate rationale to stakeholders/sponsors combined with business acumen and excellent written and oral communication.
* Achievement orientated with a desire to take ownership and drive change.
* Excellent leadership skills with the ability to motivate and lead a specialist professional team.
If the above vacancy is of interest, send your CV online.
The successful candidate will deliver the planned GI pricing strategy and profitability for the Irish GI business, with particular focus on Commercial Lines of business, both Motor and Non-Motor and work with all local functions and senior management in ensuring that the Pricing function operates effectively in Ireland.
You will support the UK based Technical Pricing & Analytics function in the development of best in class technical pricing and customer behavior models for the Irish market and use leading edge segmentation and modelling techniques to identify and exploit preferred market niches and drive competitive advantage.
You will be responsible for:
* Make pricing recommendations to the Ireland Pricing Forum for all areas of Commercial Insurances (Motor, Property and Liability classes) to deliver planned profitability and drive rating change in the market.
* Maintain effective pricing governance and control process for the Irish market and full documentation of pricing consistent with the GI Technical Pricing Standard.
* Manage the pricing change process, requests and new pricing development demand for Ireland Commercial Lines
* Support and build close working relationships with local distribution functions.
* Deliver effective local market pricing implementation capability.
* Identification of emerging Pricing issues in the local market.
* Responsible for leading and managing a specialist pricing team.
* Lead actuarial projects and review technical work.
* Working as part of a team with the relevant portfolio managers, develop new products and solutions to business problems.
About You
The role holder will have the appropriate 1st degree and be a Qualified Actuary/Statistician. You will need to have GI Pricing experience in Personal or a Commercial Lines business with knowledge and understanding of the Irish General Insurance market. You must have a strong commercial and strategic awareness of GI Pricing with strong technical numerical, actuarial or statistical background.
You will also need to have
* Extensive knowledge and experience of the full range of standard GI Pricing techniques including rating adequacy techniques and methodologies, GLM risk modelling, customer behaviour modelling and Price Optimisation.
* Extensive experience of the implementation of best practice technical pricing into street pricing.
* Experience of delivery of pricing solutions which meet the needs of distributors and customers whilst ensuring that profit and COR targets are also met.
* Excellent relationship management skills with the ability to influence at all levels and across different functions.
* Excellent judgement and decision-making skills with the ability to work to tight deadlines under pressure.
* An ability to clearly articulate rationale to stakeholders/sponsors combined with business acumen and excellent written and oral communication.
* Achievement orientated with a desire to take ownership and drive change.
* Excellent leadership skills with the ability to motivate and lead a specialist professional team.
If the above vacancy is of interest, send your CV online.