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
- Carry out pricing tools reviews in line with timetable set by senior management from initial tool build to full data driven tool recalibrations and provide ongoing maintenance support to underwriting teams;
- Enhance existing pricing models: tool builds, tool reviews or re-platforming of Excel raters on selected web-based Pricing platform;
- 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
- 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.
Working at
Starr
Starr Companies is a global insurance and investment organization, providing a wide range of property, casualty, and accident & health insurance products. With a rich history that dates back to its founding in 1919, Starr has grown into a leading provider in the insurance industry, offering tailored solutions to meet the unique needs of businesses and individuals worldwide.