Domain – Pricing GI

Total Experience: 5-10 yrs (General Liability, Professional Indemnity, Directors & Officers, Financial Lines is more preferred)

General Requirements

Knowledge of mathematics, probability, statistics and Commercial Insurance business – (General Liability, Professional Indemnity, Directors & Officers, Financial Lines)

Mandatory Requirement

• Work experience in Pricing for classes of commercial insurance business (General Liability, Professional Indemnity, Directors & Officers, Financial Lines)
• Work experience on GLM modelling – Frequency and Severity using Python / R (No need SAS, Radar, Emblem etc.)
• Work Experience on pricing modelling using Exposure and Experience rating methodologies
• Should have knowledge of determining LDFs of portfolio
• Experience in ILF modelling and curve analysis would be a value add
• Should be able to analyse the ILF curves/Loss curves, review them, make adjustments and perform impact analysis
• Should have knowledge on Frequency, Severity modelling and Loss cost modelling
• Knowledge of ST-8 General Insurance Pricing Actuarial science would be preferable
• Experience in reviewing Rate Adequacy of Portfolio, performing model reviews and proposing rate changes on yearly basis