Duties and Responsibilities Pricing
Liaise with other departments (particularly the employees of the Business Department) to allow for consideration of all Pricing proposals as well as analysis of current portfolios. Attend internal committees for Italian partners such as local committees focused on business initiatives and review of experience. Lead the assessment of the conditions for technical feasibility of marketing solutions. Contribute to build/modify the product offer (contracting, pricing, new guarantees). Check work of junior actuary ensuring that all current and proposed evolutions are in accordance with our Underwriting Policy and any other appropriate internal guidelines and governance. Accurately apply profitability and stress scenarios tests and check work for accuracy. Collect and analyze market and product statistics, benchmarks, and market issues. Document new pricing and underwriting schedules for sign-off by Actuarial Manager, maintaining a table of pricing assumptions by product. Prepare and present Business Plans/Business Committee documents for consideration as part of the internal validation process. Ensure completion of peer reviews and compliance with processes (control cards, etc.). Analysis and Projects
Perform client portfolio analysis as required and prepare client reports and presentations. Liaise with Reserving and Modelling teams to ensure joined-up thinking and a consistent/efficient view from the Actuarial Department. Perform experience analysis and assist with updating of pricing assumptions/assessing pricing adequacy. Contribute to or lead projects as assigned (including tenders). Prepare and contribute to various internal ML presentations and communications as required. Supervise/assist/mentor pricing analyst in carrying out analysis and project work. People First
Partner with HR in recruitment and integration of any new joiners - review of CVs, interviewing candidates, coordination and implementation of onboarding, participate in probationary process. Facilitate development of any direct reports - regular feedback, proactive performance management, and advocating for knowledge sharing. Assign work to and manage workload of any direct reports - appropriate prioritization of tasks with emphasis on optimizing existing processes where possible and ensuring strong governance and accountability of results produced while balancing the importance of employee wellbeing. Perform the duties of senior actuary in diffusing knowledge/information within the Actuarial Department. Together with the Pricing Manager and Branch Manager, lead and build on the continued engagement and motivation of the team, enhancing all aspects of our CACI culture. Drive IER Engagement Survey and GTPW, providing feedback on results and developing action plans to encourage critical thinking and openness to ideas. #J-18808-Ljbffr