Graduate Pricing Analyst
RSA
London, GB
4d ago

Job Description

As an analyst within the team you support the wider team by contributing to the delivery of core rate reviews, as well as analyses to monitor and improve the existing models.

You will also work with the wider U & P function and the P & Ls as the team shares its findings and the supports them in their implementation

You could be involved in different Pricing projects spanning different lines of business.

Responsibilities

  • Gather validate and analyse information, creating models and preparing reports to support actuarial activities
  • Support the Consultants on Project work
  • Create a first draft of risk cost models and carrying out data checking and reconciliation and documenting your findings
  • Building and maintaining relationships with colleagues across UK&P and the wider business.
  • Producing MI and Analytical information for the Pricing Lead
  • Building and operating pricing models that use internal and external data sources. This is to predict future trends and drive improved decision making
  • Testing new advances in data management, analysis and manipulation
  • Monitoring top and bottom line performances and the performance profile
  • Work in close partnership with product teams and our partners to deliver trading performance in line with agreed strategy & targets
  • Supporting the forecasting process
  • Follow the correct control environment in line with internal policies, procedures, governance, regulatory and legislative requirements.
  • Function specific

  • Strong mathematical and problem-solving skills
  • Experience in an analytical insurance role (Pricing, Reserving, Claim Analytics)
  • Competent data coding skills (e.g. Excel (Inc VBA), SAS, SQL)
  • Ideally have experience in statistical modelling in either R, Python or WTW Emblem
  • General

  • Good communication skills
  • Able to challenge standard thinking
  • Driven and self-motivated
  • Lead individual projects
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