The role involves providing actuarial technical support to the Commercial Direct P&U team to produce Pricing Best Estimates and Possible Outcome Scenarios
Job Summary
The role involves providing actuarial technical support to the Commercial Direct P&U team to produce Pricing Best Estimates and Possible Outcome Scenarios.
Candidates will lead risk model calibration incorporating inflation and evolving risk trends while partnering with Reserving and Claims teams.
Direct Line Group offers a hybrid working model with excellent benefits including employer-contributed pension, annual bonuses, and flexible health options.
Matching Summary
The role involves providing actuarial technical support to the Commercial Direct P&U team to produce Pricing Best Estimates and Possible Outcome Scenarios.
Skills & Requirements
Must-have
Quarterly PBE and POS reviews
Risk model calibration with inflation
Stakeholder management for sign-off
Data quality maintenance for projections
Pricing and underwriting project delivery
Nice-to-have
Experience with Alteryx or Python
Strong SAS, Excel VBA, and SQL skills
Effective communication of technical concepts
Background in motor, PET, or home products
Continuous process improvement mindset
Key Requirements
Part qualified or working towards actuarial qualifications
Commercial lines general insurance product background preferred