Pricing Actuary

Actuarial Pricing SpecialistYou will be exposed to the full range of pricing activities at a major international global specialty (re) insurer, including working closely with underwriters to price multi-million-dollar commercial insurance deals, determining rates for a diverse range of (re)insurance products and finding and analysing new sources of data to increase the accuracy of forecasts and predictions. The role also offers the opportunity to work as part of an international team developing the next generation of actuarial pricing models, working in Python, SQL and Excel. You will collaborate closely with senior stakeholders and will have the opportunity to work across the functions within the Actuarial team as the business requires.The right candidate should have at least 5 years' experience in relevant commercial insurance actuarial role with a minimum of 3 years' of pricing experience. Specialty Lines and/or Marine pricing experience a plus. They should also have excellent statistical knowledge and be a confident, engaging communicator, who can convey complex ideas in a concise way to non-specialists.ResponsibilitiesTake ownership of case pricing for US classes of business, directly influencing the risk selection process and helping to deliver our ambitious underwriting goals.Support the development and maintenance of next generation pricing models for US business using Python, Excel, VBA, R and SQL.Gain a deep understanding of commercial lines insurance products, including Cyber, Professional lines and Marine.Research key pricing assumptions and market rates and stay apprised of broader industry trends, relaying these to colleagues in the US and globally, as required.Deliver training to underwriters on technical topics, to enhance understanding of the techniques and approaches that underpin the pricing process.Update Pricing Model parameters on a regular basis while adding enhancements for improved accuracy and process efficiency wherever possible.Proactively communicate findings and recommendations to business partners in a manner that is understandable and actionable.Assist other teams in the Actuarial Function where resource is required and to help gain a breadth of knowledge and skills.Skills and Qualifications5-8+ years of actuarial experience with demonstrated analytic skills and a proven record of success closely aligned with supporting a business.FCAS, but related experience considered in lieu of actuarial credentials. We will consider filling this role as part of our actuarial student program for a qualified Associate meeting requirements for entry into the program.Experience in pricing P&C commercial lines including experience using statistical modelling techniques.Ability to explain complex technical concepts to non-specialists.Strong understanding of P&C commercial insurance with eagerness to further develop expertise.Excel and/or programming skills and a strong desire to develop these further.Strong problem-solving skills. Ability to apply existing knowledge to a new problem to suggest solutions.Ability to work in a team environment including:Working in an organised manner, producing clear documentation and audit trails.Recognising the need to seek support appropriately from others in the team.Prioritising work and assessing feasibility of deadlines.Salary Range: $150,000 - $187,600Our benefits We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory 401k, discretionary bonus, insurances including medical, dental and vision cover, and many other benefits to enhance financial, physical, social and psychological health.About Canopius Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd's of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda. At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected. We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.Job InfoJob Identification 793Job Category ActuaryLocations 140 Broadway, New York, NY, 10005, US (Hybrid)