Pricing Manager

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

• Implement Starr’s pricing strategy and associated governance framework, including supporting the pricing sub-committee and reporting to the Board;
• Lead and manage a small team of actuaries, fostering a positive team culture of engagement and high performance;
• Leading Pricing Platform Transformation work;
• 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);
• 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;
• Provide input in developing Starr’s Pricing capabilities and data driven decision making;
• 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

• 10 years + experience in commercial/London Market pricing;
• Pricing experience: building and calibrating pricing tools, individual account case pricings, segmentation analyses;
• Team management experience;
• Experience in developing a Pricing function including data, processes, analytics and steering capabilities;
• Portfolio steering, analytics and pricing management information;
• Knowledge and experience of business planning process, reinsurance practices, reserving principles, underwriting manuals. 

Skills

• Proactive with the ability to plan and execute several projects in parallel and deliver on timelines;
• Advanced numeracy, analytical and problem-solving skills with high attention to detail;
• Excellent collaboration skills, and confidence communicating with diverse senior stakeholders;
• Negotiation, judgment and decision making ability;
• Professional business writing and presentation skills.

Systems & IT

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

Qualifications

• Fellow of the Institute of Actuaries or equivalent with several years of experience post qualification

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.