Italian Pricing Analyst M/F
Pricing and Product Development
• Liaise with other internal departments to ensure full consideration of all pricing proposals and analysis of current portfolios;
• Contribute to feasibility study for new products and developments of existing products, including marketing, regulatory and financial aspects;
• Ensure that all current and proposed developments of the product offer are in accordance with the Company’s Underwriting Policy, Underwriting Philosophy and any other relevant internal guidelines and governance frameworks;
• Contribute to the definition and choice of assumptions for calculation of premium rates and for profitability assessment/business plan.
• Accurately assess commercial premiums, profitability, capital needs and stress scenario tests of new product propositions;
• Collect and analyse market and product statistics, benchmarks, and market developments;
• Document new pricing and underwriting schedules for sign-off, maintaining a table of pricing assumptions by product;
• Prepare and present Business Plans and Business Committee documents as part of the internal validation process;
• Ensure completion of peer reviews and compliance with internal processes (control cards, Quotation/Profit Share peer review, etc.);
• Attend internal committees for Italian partners.
Analysis and Projects
• Perform client portfolio analyses as required, and prepare client reports and presentations;
• Liaise with Actuarial Reserving and Modelling teams to ensure alignment and a consistent and efficient view across the Actuarial Department;
• Conduct experience analyses to monitor pricing assumptions and ensure continued pricing adequacy;
• Contribute to assigned projects, including tenders and reinsurance;
• Prepare and contribute to various internal management presentations and communications as required.