Pricing Actuary
Cover Genius
This job is no longer accepting applications
See open jobs at Cover Genius.See open jobs similar to "Pricing Actuary" My Startup Gig.Accounting & Finance
Malaysia · Remote
Posted 6+ months ago
The Company
Cover Genius is a Series D insurtech that protects the global customers of the world’s largest digital companies including Booking Holdings, owner of Priceline, Kayak and Booking.com, Intuit, Uber, Hopper, Ryanair, Turkish Airlines, Descartes ShipRush, Zip and SeatGeek. We’re also available at Amazon, Flipkart, eBay, Wayfair and SE Asia’s largest company, Shopee. Our partners integrate with XCover, our award-winning insurance distribution platform, to embed protection for millions of customers worldwide each year.
Our team and products have been recognized with dozens of awards including by the Financial Times which ranked Cover Genius as the #1 fastest-growing company in APAC in 2020. Our diverse team across 20+ countries and many language groups commit itself to diverse cultural programs, in particular “CG Gives” which makes social entrepreneurs out of us all and funds development initiatives in global communities.
Our People are
Bold, Authentic, Purposeful and Inspired
Our People are not
Perfect, Traditional, Complacent or Cautious
Our People are
Bold, Authentic, Purposeful and Inspired
Our People are not
Perfect, Traditional, Complacent or Cautious
About the role
We are looking for an experienced Pricing Actuary to join our team to support the company’s growing business and provide expertise as we scale. You will play a key role within the European carrier team to provide quantitative actuarial analysis and modeling support. You will work closely with internal stakeholders within the business to provide innovative solutions for our partners.
What you will be doing:
- Create pricing models, reserving, performance analysis, probable maximum loss analysis and capital forecasts
- Utilise knowledge of actuarial pricing methodology, concepts and product to produce reserving and pricing insight
- Work closely with the Data and Insurance Teams (including Machine Learning & software engineering specialists) to design and develop our unique insurance products
- Provide insights and recommendations to internal stakeholders to support business decisions
- Contribute to and support the implementation of product strategy through pricing to achieve business objectives with a keen eye toward ensuring rate adequacy and underwriting profitability
- Perform pricing analysis using machine learning techniques such as GLMs or any other analytical tools
- Continually optimise and refine models, reflecting competitive and commercial considerations
- Responsibility for setting the reserves for Cover Genius’s captive insurance vehicles both for the statutory filings and for quarterly management of the balance sheet
- Identify opportunities to continuously improve processes to address inefficiencies and risks
- Build and own dashboards for different market segments to monitor loss ratio
What the ideal profile looks like;
- Degree in Actuarial Studies, Mathematics, Statistics or Data Science
- Experience working in General Insurance lines of business
- Strong technical, analytical and mathematical skills
- Strong SQL and Excel skills
- Results driven focus with an emphasis on producing outstanding results
- The ability to quickly build and maintain relationships with internal and external stakeholders, demonstrating exceptional customer service
- Currently making good progress with examinations through the Institute of Actuaries
- Ability to communicate and interpret data to a variety of audiences
- Ability to adapt quickly to a start-up pace environment and culture
Why Cover Genius?
Cover Genius not only cares about being the best in our industry, we care about our team. We’re a business that understands life can be fluid and so we flex to ensure we provide the environment to suit that. Some of the benefits we have are:
• Flexible Work Environment - we are outcome focussed and understand that for our people to perform at their best flexibility is critical. With the recent impact of Covid we gave 15 days additional leave to all employees for when they need a break and some well-deserved downtime.
• Employee Stock Options - we want our people to share in our success, we reward them with ownership for their contribution in creating a world-class company.
• Social Initiatives - pictures speak a thousand words!
Sound interesting? If you think you have the best composition of the above, send us your resume and let's chat!
* We care about the health and safety of our people. This means that we require our employees to be fully vaccinated against COVID-19 if they are not subject to an exemption. Please let us know if you have any questions or need accommodations based on your individual circumstances.
* Cover Genius promotes diversity and inclusivity. We don't tolerate discrimination, demeaning treatment of anyone, or harassment due to race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.
This job is no longer accepting applications
See open jobs at Cover Genius.See open jobs similar to "Pricing Actuary" My Startup Gig.