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Zurich Insurance

Global insurer providing property, casualty, life

Actuarial Pricing Analyst

Actuarial & Risk ModellingUpdated on Nov 14
Full-timeMadrid, SpainNo salary listed

About the Job

Requirements

  • A degree in Actuarial Sciences, Statistics, Mathematics, Data Science, or a related field.
  • At least 3 years of experience in similar functions.
  • Advanced knowledge of pricing software such as Emblem and Radar, including the WTW suite.
  • Programming knowledge in SAS, Python, and R.
  • A medium-high level of English.
  • Analytical ability and evidence-based decision-making oriented toward results.
  • Autonomy and organization to advance work proactively.
  • Communication and teamwork ability.
  • Innovation, proactivity, and business vision.

Responsibilities

  • Design, develop, implement, and maintain tariffs in Radar Base and the connection with Radar Live.
  • Develop risk models for motor insurance, ensuring the product's technical profitability.
  • Develop predictive models, including conversion, price elasticity, and CMA models, adapted to different distribution channels and business needs.
  • Adapt current tariffs to new business opportunities.
  • Ensure an appropriate data structure to optimize the preparation, execution, and analysis of large technical data sources and produce robust outputs.
  • Develop and implement technical solutions based on machine learning to improve pricing and underwriting.
  • Build visual tools for business analysis and reporting, including evolution, profitability, and performance for both new production and the in-force portfolio.
  • Propose actions based on analysis and monitoring to anticipate business changes.

Desired Qualifications

  • Knowledge of cloud computing structures such as AWS.
  • Knowledge and experience with machine-learning techniques.

About the Company

Zurich Insurance

Global insurer providing property, casualty, life

Zurich Insurance Group provides global multi-line insurance for individuals, families, small and mid-sized businesses, public entities, and multinational corporations in more than 200 countries. Its Property & Casualty arm covers personal lines like car and home, plus a wide range of commercial coverages (property, casualty, motor fleet, marine, construction, energy, financial lines, international programs); its Life business offers protection, savings, retirement, and unit-linked products. The Farmers Group manages Farmers Exchanges in the United States. The company also provides risk engineering and prevention services to help customers reduce risk and build climate resilience, with products sold through agents, brokers, bank partners, and direct channels. Its goal is to provide financial protection and risk management solutions that help customers manage uncertainty and build resilience over the long term.

Company size
10,001+
Company stage
IPO
Headquarters
Zurich, Switzerland
Founded
1872

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