Financial Lines Pricing Actuary 80-100% (UK or Switzerland)
- Zurich, Switzerland
- Permanent, Full time
- Zurich Insurance Company Ltd
- 23 Mar 19
The CI actuarial team is a key part of the CI central underwriting function whose role is to bring insights, improve business performance, share ideas, tools and practices between geographies as well as leading the Commercial Insurance business into the future. The actuarial team improves the quality of pricing and assists underwriters in understanding and driving business performance to higher levels with analytical support from the Bratislava Centre of Excellence.
Working to address the immediate commercial demands of the business, we are heavily involved in building robust data and pricing foundations. These are intended to be the platform on which the company can advance from traditional pricing/actuarial processes to an exciting future era combining traditional internal data sources with rapidly emerging external sources such as digitized mapping and imaging and real time monitoring e.g. the Internet of Things. A key goal of our analytics work is to take predictive techniques typically used in large retail portfolios into more specialized and smaller areas including statistical inference in sparse data sets.
This is one of three roles leading actuarial support to their respective LOB Underwriting Head. The position would cover Financial Lines (Financial Institutions, Management Liability, Professional Indemnity), Accident & Health, Credit & Surety.
As Lead LOB Actuary - Specialty Lines, together with a small team, your main responsibilities will involve:
Give direction to, build and maintain a strong actuarial community for the LOB's across the Group, ensure resources are appropriate to support the business activities
Monitor quality of prices for the LOB's across the Group and look for opportunities to improve prices and pricing capabilities
Lead the development of prices for the LOB in globally led pricing tools, including large account pricing where required
Monitor LOB performance on a regular basis in conjunction with the CI Head of Business Intelligence
Establish performance relative to plan, track key actions, identify performance outliers and communicate these to all stakeholders
Review business plans for achievability and provide feedback as to key sensitivities.
Your Skills and Experience
As Lead LOB Actuary - Specialty Lines your skills and qualifications will ideally include:
Strong understanding of and experience in General Insurance and associated actuarial activities
- Actuarial qualification or equivalent
Good interpersonal skills: able to manage a team as well as wider community of stakeholders
Ability to manage a wide variety of activities, identifying and addressing key priorities in a timely manner
You can find additional information about Zurich as an employer and about the candidate journey on our career site.
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Who we are
Zurich is a strong brand - more than 1.4 million Swiss customers place their trust in our products and services. Our 53,000 employees worldwide form the basis of our success, helping our customers in 170 countries to understand and protect themselves from risk. In order to deliver our services, we offer our employees flexible working models and interesting opportunities for further training & development. As a Zurich employee, you benefit from a multitude of advantages as well as a strong culture, characterized by acceptance, diversity and team spirit.
At Zurich we are an equal opportunity employer. We attract and retain the best qualified individuals available, without regard to race/ethnicity, religion, gender, sexual orientation, age or disability.
Information for recruitment agencies
Zurich accepts no unsolicited applications from recruitment agencies for this position. We therefore request that recruitment agencies do not submit any candidate documents either via our employees or through our online career portal.
We refuse any responsibility for unsolicited applications as well as any associated fees. Thank you for your understanding.