Associate Director – Pricing

Key Responsibilities:

• Conduct pricing and associated data analytics; set and periodically update pricing bases.
• Contribute to the design of new products and reinsurance structures.
• Ensure timely delivery of quotes in adherence to quality standards.
• Draft proposals and treaty documentation.
• Research and develop new areas of pricing expertise as required.
• Assist in the review of business and product mandates for compliance with local business requirements.
• Maintain complete and accurate pricing documentation.
• Interact with clients to resolve data-related issues, ensuring accuracy in pricing.
• Participate in project-based activities as needed.
• Manage internal reporting documentation requirements on time.
• Ensure compliance with Reinsurer’s internal standards.
• Analyse and monitor the performance of existing business.
• Identify, assess, measure, and manage insurance risk effectively, ensuring timely reporting.
• Foster professional development within the team, promoting a culture of excellence and creating a desirable workplace.

Requirements:

Education and Experience:

• Bachelor’s or Master’s degree in Mathematics, Finance, Statistics, Actuarial Science, or a related field.
• Qualified actuary with membership in a globally recognised actuarial association.
• At least 10 years of experience in insurance/reinsurance/financial services, with expertise in pricing being a definite plus.
• Proficient in MS Excel, Macros, MS Word, and actuarial software (e.g., Axis experience is strongly preferred).
• Excellent oral and written communication skills.
• Strong interpersonal skills with the ability to manage teams, negotiate, and influence stakeholders effectively.

Skills and Abilities:

• Exceptional technical skills with attention to detail.
• Ability to foster a collaborative, team-based work environment.
• Proven track record of achieving individual and team goals in customer-focused, project-oriented environments.
• Capable of working independently or as part of a team, handling multiple stakeholders and concurrent projects.
• Highly organised with a delivery-oriented mindset.