Actuarial Pricing Business Analyst
About The Position
The Actuarial Pricing Business Analyst works with teams and clients on general insurance actuarial projects for US markets. The role researches, analyzes, and presents data; understands client situations and problem statements; and translates client needs into functional requirements, user stories, business framework documents, and actuarial solutions. The position gathers and documents reporting requirements, including metrics, KPIs, and data views for Power BI and Tableau. It serves as the functional bridge between client stakeholders and BI developers by creating technical specifications, data mapping documents, and mockups or wireframes. The role requires experience with personal and commercial lines pricing and reserving for US insurance markets, and awareness of reserve-related regulatory reporting such as statutory filings, IFRS 17, and GAAP. The analyst also supports the learning and development of new team members, manages work assigned to and delivered by a hybrid onshore/offshore team, participates in continuous improvement initiatives, and ensures compliance with data privacy and protection guidelines. This is a remote position.
Requirements
- Knowledge of the general insurance domain and P&C actuarial concepts.
- Bachelor’s or master’s degree in economics, mathematics, or actuarial sciences.
- At least 7 years of experience in the General Insurance/P&C domain, with deep functional understanding of P&C actuarial concepts and general insurance pricing.
- Solid conceptual knowledge of reserving methods and models to gather requirements for valuation and financial reporting projects.
- Proven business analyst experience bridging business stakeholders, such as underwriters and actuaries, with technical development teams, such as BI and data engineers.
- Strong data literacy and analytical skills, including advanced proficiency in SQL and Excel and a functional understanding of data flows feeding Power BI and Tableau dashboards.
- Excellent analytical and problem-solving skills, including the ability to analyze complex data and make data-driven decisions.
- Strong written and verbal communication skills, including the ability to explain actuarial concepts to technical and non-technical stakeholders.
- Ability to work independently and collaboratively in a team-oriented environment.
- Detail-oriented, with strong organizational and time management skills.
- Ability to adapt to changing priorities and deadlines in a fast-paced environment.
- Ability to work across cultures with stakeholders around the globe.
- Ability to work in a fast-paced, continuously evolving environment and take on challenging work.
Nice To Haves
- Affiliation with IAI or IFOA, with at least six CT actuarial exams; SP 7 and SP 8 are an added advantage.
- Experience in personal and commercial lines general insurance pricing and reserving for US insurance markets.
- Consultative mindset and ability to drive discussions with clients independently.
- Awareness of reserve-related regulatory reporting requirements, including statutory filings, IFRS 17, and GAAP.
Responsibilities
- Conduct independent research, analyze data, and present findings.
- Collaborate with teams and clients on general insurance actuarial projects for US markets.
- Translate client business needs into structured functional requirements, user stories, and business framework documents.
- Gather and document reporting requirements, including metrics, KPIs, and data views for Power BI and Tableau.
- Act as the functional bridge between client stakeholders and BI developers by translating reporting needs into technical specifications, data mapping documents, and mockups or wireframes.
- Understand the current situation and problem statement, engage regularly with clients, and turn requirements into business frameworks and actuarial solutions.
- Support learning and development of new team members.
- Manage work assigned to and delivered by a team working in an onshore/offshore setup.
- Identify and participate in continuous improvement initiatives.
- Ensure compliance with data privacy and protection guidelines.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
