About the job

Overview About us Starr is a global insurance and investment organisation providing property and casualty insurance solutions to business and industry. Starr has grown into one of the world's fastest‑expanding insurance organisations, writing business in 128 countries across six continents. Our talented and experienced associates manage risk and ultimately support the profitable growth of organisations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce. Role Purpose The primary focus of the Divisional Actuary is to design and implement pricing models and processes for the syndicate, across Property classes. Key Responsibilities

  • Responsible for designing and implementing pricing models and processes, across Property classes.
    • Work with underwriters to define key policy features;
    • Identify internal and external data sources;
    • Set up pricing templates and models for use by underwriters;
    • Assist with the implementation and maintenance of pricing software;
    • Work closely with the Exposure Management team to monitor aggregations.
    • Assist with forming an Starr's view of risk across modelled and non-modelled perils;
    • Act as expert adviser to underwriters using the pricing software, adding bespoke features as required;
    • Monitor and report various pricing metrics (e.g. pricing adequacy, RARC etc.);
    • Develop MI to identify underperforming segments;
    • Significant contribution to portfolio optimisation and capital allocation workstreams;
    • Part of feedback loop between annual planning cycle, reserving, pricing and capital;
  • Develop strong communication and collaboration with underwriters, capital and reserving;
  • Develop strong communication and collaboration with underwriters, capital and reserving;
  • Ensure all regulatory requirements from Lloyd's, PRA, FCA impacting Starr's pricing function are known and addressed. Contribute to AFRs as required; The above duties and responsibilities are not an exhaustive list, and you may be required to undertake other reasonable duties compatible with your experience and competencies. This description may be varied from time to time to reflect changing business requirements. Qualifications, Skills And Experience
  • Qualified actuary (FIA or equivalent)
  • Experience with Commercial Property classes, especially in the London Market
  • Experience with Python/R/SQL
  • Experience with Hx, a plus
  • Prior managerial experience Core behavioural competencies
  • Analysis and decision making
  • Innovation and problem solving
  • Strategic perspective
  • Commerciality
  • Relationships
  • Communication and influence Additional Information
  • A full job description can be seen here

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