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.

Role Purpose

To support the Head of Pricing, wider team, senior management and underwriting teams in pricing and profitability reviews. This role will also assist in developing the company’s pricing capabilities by taking part to the pricing transformation.

Roles and Responsibilities

• Carry out pricing tools reviews in line with timetable set by senior management: from initial tool build to full data driven tool recalibrations. Provide ongoing maintenance support to underwriting teams.
• Support underwriting teams with individual account and binder case pricings.
• Re-platform Excel raters on selected web-based Pricing platform (design, build in Python, data migration, testing).
• Improve Management Information relating to pricing, including automating in Power BI.
• Carry out segmental profitability reviews as required by senior management.
• 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.
• The role has a lot of development opportunities including getting involved in non-standard pricing work (Actuarial Function Report, fronting deals pricing, leveraging AI to improve our pricing capabilities) and wider company projects as they arise.

Experience

• Nearly/newly qualified actuary;
• Pricing experience: building and calibrating pricing tools, individual account case pricings;
• General Insurance background, London market experience esp. Financial Lines preferred;
• Analytics and pricing management information.

Skills

• Advanced numeracy, analytical and problem-solving skills with high attention to detail;
• Excellent collaboration skills, and confidence communicating with stakeholders;
• Negotiation, judgment and decision making ability;
• Time management and multi-tasking, ability to plan and execute projects under own initiative;
• Professional business writing and presentation skills.

Systems & IT

• Advanced Excel skills, Visual Basic preferred but not required;
• Experience developing in at least one coding language (Python, R or equivalent);
• Power BI or similar data analytics software preferred;
• SQL or large dataset manipulation language preferred.

Qualifications

• Nearly/newly qualified of the Institute of Actuaries (or equivalent experience).

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.