Senior Pricing Analyst PRS
Senior Pricing Analyst PRS
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Job Description
We are currently recruiting a Senior Pricing Analyst based in our London office to be part of the Chubb Personal Risk Services (PRS also known as High Net Worth) business in Europe.
Reporting to the Senior European Pricing Manager PRS the Senior Pricing Analyst will work closely with the Senior Pricing Manager to develop and implement pricing strategy for PRS Home Valuables and Motor which includes the implementation of market pricing models annual rate plan enhancement of the Pricing algorithm regular rate reviews and BAU pricing analytics and data priorities across UK Ireland and Continental Europe Business.
The Senior Pricing Analyst will also provide support to the PRS Pricing Actuary to deliver Planning cycles Portfolio Review and Actuarial reporting activities.
The ideal candidate will be experienced in personal lines pricing and able to quickly work alongside other Senior Pricing Analysts and Actuarial Pricing resources. The candidate will be supported by and provide guidance to a junior Pricing Analyst within the team.
Your Responsibilities for this role may include but are not limited to:
- Support delivery of Pricing priorities for PRS Home and Motor business across the UK and Ireland and Continental Europe.
- Ongoing management and enhancement of rating structures/pricing algorithms to profitably grow the PRS portfolio.
- Participate during actuarial portfolio reviews to segment and analyse the book and identify/manage performing and nonperforming areas.
- Analyse the products and pricing on a regional basis to determine Chubbs opportunity for market penetration.
- Liaise with the actuarial analytics catastrophe modelling reserving teams to manage the pricing adequacy for the business along all lines and territories.
- Coordinate the rate and exposure monitoring on a monthly basis with proactive communication with management.
- Have a competent handle on the GLM / analytics work for all lines software knowledge and use of Radar SQL/Python and other tools for implementation and recommendation.
- Supporting the Senior European Pricing Manager and other PRS managers in managing each product through analysis of key operating measures and implementing changes as appropriate including quotes sales exposure distributions premium trends loss trends and rate indications
- Partner with actuarial IT project management and other functional resources to coordinate product implementation and monitor achievement of planned results.
- Communicate effectively with Chubb Overseas Management to align the direction of the book and the Group requirements
Qualifications
Candidate Profile:
- Strong technical background experienced with Radar Emblem Coding language and granular pricing analysis
- Experience in personal lines pricing
- Track record of delivering results: meeting deadlines good organisation skills clear documentation and detailed in methodology
- Ability to work alongside Pricing Analysts and Actuaries at varied levels
- Excellent communication both written and oral and able to simplify technical concepts to nontechnical audiences
- Commercially minded and with a culture that suits Chubb
What skills & experience are required
- Significant UK Personal Lines experience including strong understanding of pricing actuarial techniques business strategies products coverage UK distribution process.
- Extensive pricing knowledge within the Home and Motor market. Knowledge of the High Net Worth segment desirable.
- Remarkable interpersonal skills and a team player attitude that suits the Chubb matrix culture
- Outstanding written and oral communication skills; ability to explain technical issues in nontechnical terms
- Excellent software/technical skills. Proficiency with Radar and at least one programming language (for example SQL or Python)
- Proven ability to manage tight deadlines and priorities.
Required Experience:
Senior IC
Employment Type
Full-Time
