Risk Pricing Lead
Job Title
Risk Pricing Lead
Reference
UK001993
Town
Horsham
Business Line
Pricing & Actuarial
Job Description
At RSA, we believe insurance is about people, not things. We provide our inspiring colleagues the support and opportunity to grow together, shape the future, and win as a team. We are going through a transformation journey, providing our people with opportunity to be integral to improving our service and delivering better products to brokers and customers. We are a proud member of the Intact family, we feel part of something bigger, with a presence in North America, the UK and Europe.
We have a bold ambition to become the best Commercial Lines business in the UK, demonstrated by our recent acquisition of NIG and Farmweb, allowing us to scale by leveraging our combined financial strength and importantly ensure our people feel the benefits of our joint capabilities.
We are currently recruiting for an Risk Pricing Lead to join our established and experienced Underwriting and Pricing team here at RSA on a hybrid basis.
Role Requirements
As the Risk Pricing Lead you will be responsible for delivering actuarial analyses in some of the following areas: product pricing, risk modelling, corporate planning, reinsurance, establishment of adequate claims reserves and underwriting analysis.
You will lead, develop and motivate a team of pricing experts to ensure the timely and accurate provision of analyses, pricing models, actions to deliver agreed strategy and targets for a set of accounts or portfolio.
You will represent your team at relevant meetings, working with the wider CUO function to communicate your findings and support their implementation.
You will be responsible for the development of key pricing models e.g. risk cost and benchmark models. You will review and monitor existing pricing models and decide when models should be updated.
The Individual
To be successful in this role you will have a depth of knowledge in general insurance along with actuarial or relevant pricing experience.
You will have extensive experience within Risk Modelling. You will require extensive technology and numeracy skills (Excel, Emblem, Radar, VBA, R, Alteryx, etc).
You will have experience in managing an end-to-end modelling project, from beginning with data building, right through to implementation. You will have an interest in Machine Learning practices, with a passion for technology and problem-solving.
What we offer you:
At RSA we put our people first. We have adopted hybrid working as standard, to give you a better work/life balance and an excellent flexible working mindset. That is on top of a comprehensive range of benefits, including pension contributions of up to 11% looking after you now, and in the future.
We will give you countless opportunities to continuously develop, alongside a diverse and passionate community of experts, the best the industry has to offer. You will be empowered to be your best self, do your best work, and make a meaningful impact. Our employee promise allows you to shape the future, win as a team, and grow with us.
About Us
We celebrate individuality and it's important to us that we have a culture where our people feel respected and valued for who they are. We pride ourselves on being accessible and encourage inclusive environments where our people can always give and show the very best of themselves.
We understand that home life is a priority and are happy to consider reduced hours or job shares.
If you think you would be a great fit for us, but don't meet all the requirements of the role, please contact us as we'd love to discuss how RSA could be the next step in your career journey.
Please let us know if there are any changes we could make to the application process to make it easier and more comfortable for you. Contact our recruitment team so we can work with you to support you throughout your application.
