At a Glance
- Tasks: Lead innovative retail pricing projects and enhance market competitiveness.
- Company: Join Zurich, a forward-thinking insurance company focused on transformation.
- Benefits: Competitive salary, diverse team, and opportunities for professional growth.
- Why this job: Make a real impact in retail pricing and shape the future of insurance.
- Qualifications: Bachelor’s degree and 3+ years in retail pricing; strong analytical skills required.
- Other info: Collaborative environment with opportunities to mentor and lead projects.
The predicted salary is between 48000 - 72000 ÂŁ per year.
The Retail Pricing, Data Science and Portfolio Analytics team sits at the heart of Zurich’s Retail Transformation, working alongside Underwriting, Technology and Claims to shape the future of our retail insurance business. As a member of the Retail Pricing, Data Science and Portfolio Analytics team, you will partner with local Business Units to build market-leading, technically excellent retail pricing and analytical capabilities, supporting our ambition to deliver sustainable competitiveness, best-in-class customer experiences, and long-term profitable growth.
What you will do
- You will report to the Head of Retail Pricing, supporting the global introduction of retail pricing excellence.
- Your main focus will be implementing a state-of-the-art retail pricing system to enhance our market position, profitability, customer retention, and product offering.
- You will improve existing pricing processes and help establish new ones, leveraging modern infrastructure such as data lakes and flexible rating engines.
- You will primarily support physical distribution channels, including agents, brokers, and partnerships.
- Your work will follow a predefined Pricing Excellence Framework, allowing you significant scope, initially focused on private customer segments (Motor & Non-Motor), as well as SME segments.
- You will be supported by a transformation team of pricing actuaries and data scientists, and as a senior team member, you’ll also coach and mentor junior colleagues.
- Implementation will be in partnership with local Business Unit pricing teams and regional pricing hubs, with an emphasis on empowering these teams to apply new methods.
- Close collaboration with Underwriting, Product Development, and Business Development will be an integral part of your work.
- You will lead research and development initiatives related to retail pricing excellence, creating “off-the-shelf” solutions that Business Units can tailor to their local markets.
What you bring
- Bachelor’s degree in mathematics, statistics, actuarial science, finance, or a related field.
- At least 3 years of experience in retail pricing within non-life insurance.
- Solid understanding of state-of-the-art retail pricing methods.
- Proficiency in WTW pricing software (Emblem, Radar) and hands-on expertise in Radar Live implementation.
- Advanced Python programming skills are very desirable; proficiency with Databricks and SageMaker is considered an advantage.
- Highly organised, results-oriented, and comfortable managing and leading multiple projects simultaneously.
- Strong project management skills, with experience in leading pricing implementation projects preferred.
- Ability to communicate complex topics clearly to non-experts and maintain direction in the face of challenges.
- Excellent interpersonal and customer service skills, with fluency in written and spoken English; proficiency in additional languages is a plus.
- Capable of working independently and as part of a team, managing a variety of stakeholders across the organisation.
- Willingness to travel is required to support international business units, including on-site collaboration.
We look forward to receiving your online application.
Senior Pricing Actuary - Retail 80-100% employer: Zurich 56 Company Ltd
Contact Detail:
Zurich 56 Company Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Pricing Actuary - Retail 80-100%
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Ace the Interview
Prepare for your interviews by researching the company and practising common questions. We recommend using the STAR method to structure your answers – it helps you showcase your skills and experiences effectively. Remember, confidence is key!
✨Showcase Your Skills
Create a portfolio or a personal website to highlight your projects and achievements. This is especially useful for roles like Senior Pricing Actuary where technical skills are crucial. We want to see what you can do, so make it easy for us to find out!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Zurich.
We think you need these skills to ace Senior Pricing Actuary - Retail 80-100%
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your retail pricing experience and any relevant projects you've led. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about retail pricing and how your background aligns with our goals at StudySmarter. Keep it engaging and personal – we love a good story!
Showcase Your Technical Skills: Since we're looking for someone with proficiency in WTW pricing software and Python, make sure to mention any relevant projects or experiences. We want to know how you’ve used these tools to achieve results in the past!
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts!
How to prepare for a job interview at Zurich 56 Company Ltd
✨Know Your Numbers
As a Senior Pricing Actuary, you'll need to demonstrate your solid understanding of retail pricing methods. Brush up on the latest trends and techniques in non-life insurance pricing, and be ready to discuss how you've applied these in your previous roles.
✨Showcase Your Technical Skills
Make sure to highlight your proficiency in WTW pricing software like Emblem and Radar. If you have experience with Python, Databricks, or SageMaker, be prepared to share specific examples of how you've used these tools to enhance pricing processes.
✨Communicate Clearly
You'll be working with various stakeholders, so practice explaining complex actuarial concepts in simple terms. Think about how you can convey your ideas effectively to non-experts, as this will be crucial in your role.
✨Demonstrate Leadership Potential
Since you'll be mentoring junior colleagues, be ready to discuss your leadership style and any past experiences where you've successfully led projects or teams. Highlight your project management skills and how you've navigated challenges in previous roles.