Pricing Analyst (12 month FTC)

at  Starr Companies

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Roles and Responsibilities

The primary responsibility of this role is to support the Head of Pricing, wider team, senior management and underwriting teams in pricing, automation, model improvements and profitability reviews.

• Enhance existing pricing models: tool builds, tool reviews and data capture.
• Support Pricing Actuaries with assistance on rate reviews and portfolio segmentation analysis.
• Respond to underwriters’ queries in relation to pricing models and ad-hoc data requests.
• Assist Pricing Actuaries with case and facility pricing reviews.
• Improve Management Information relating to pricing, including automating in Power BI.
• Support on other pricing business as usual activities, support Capital and Reserving teams as needed.
• Maintain adequate levels of documentation in relation to pricing procedures, in-line with regulatory and professional standards, for example Lloyd’s Minimum Standards and Technical Actuarial Standards.

Experience

• 1 – 4 years experience in an actuarial role, ideally general insurance (esp. commercial/London Market pricing), but other backgrounds considered;
• Experience in coding, analytics and producing management information;
• Understanding of the non-life Insurance market, including Lloyd’s and the London Market;
• Knowledge of non-life insurance company practices.

Skills

• Advanced numeracy, analytical and problem-solving skills with high attention to detail;
• Collaboration skills;
• Time management and multi-tasking;
• Professional business writing and presentation skills.

Systems & IT

• Advanced Excel skills, VBA;
• Experience developing in at least one coding language (Python, R or equivalent).

Qualifications

• 2:1 undergraduate degree or similar

Starr is an equal opportunity employer, which means we’ll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we’re committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

• Enhance existing pricing models: tool builds, tool reviews and data capture.
• Support Pricing Actuaries with assistance on rate reviews and portfolio segmentation analysis.
• Respond to underwriters’ queries in relation to pricing models and ad-hoc data requests.
• Assist Pricing Actuaries with case and facility pricing reviews.
• Improve Management Information relating to pricing, including automating in Power BI.
• Support on other pricing business as usual activities, support Capital and Reserving teams as needed.
• Maintain adequate levels of documentation in relation to pricing procedures, in-line with regulatory and professional standards, for example Lloyd’s Minimum Standards and Technical Actuarial Standards