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Pricing Actuary (Non-Life)

On-site in Madrid·Added 1 month ago

Agency
Michael Page España

2362 open roles

Our summary

Work mode
On-site, Madrid
Contract
Permanent
Education
University degree

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Skills

Nice to have

This job advert was originally written in Spanish.

Requirements

What we're looking for

The selected candidate must meet the following requirements:

  • Academic training in Actuarial Science, Mathematics, Statistics, or similar.
  • Knowledge of specific tools: Data mining (Sas, R, Python), specific Statistical Modeling/Pricing/Actuarial Software (Emblem, Akur8, Earnix), Business Analytics: Tableau, Power BI.
  • Direct participation and involvement in the phases and methodology of determining tariffs in one or several non-life lines under sophisticated statistical and actuarial techniques.
  • Business experience and involvement in project-based work according to deadlines in a dynamic and interdepartmental environment.

Nice to have

  • Desirable: experience in an insurance company or actuarial consultancy focused on Non-Life mass risk Pricing.

Pay & benefits

What you'll get

  • Permanent contract.
  • Competitive salary.
  • Professional growth and development in a leading insurance company.

The role

The mission of this position is to participate and contribute to the development, implementation, and monitoring of advanced predictive models for the pricing of Non-Life mass risks, actively participating in Pricing Analytics initiatives, tariff optimization, and portfolio segmentation. You will collaborate on cross-functional projects oriented towards improving the profitability and competitiveness of the Property, Corporate, and Health lines.

  • Pricing Actuary (Non-Life)
  • A well-known insurance company with national and international presence.

What you'll do

  • Development, calibration, and validation of frequency, severity, propensity, and elasticity predictive models using statistical and machine learning techniques applied to the insurance field.
  • Participation in the design and optimization of tariffs through advanced actuarial methodologies and specialized pricing tools (Emblem, Akur8, Earnix, or others).
  • Construction and monitoring of business and profitability indicators for the continuous monitoring of the portfolio's technical performance, tariff sufficiency, and detection of growth opportunities.
  • Exploitation and analysis of large volumes of information using programming and advanced analytics tools (Python, R, SAS).
  • Participation in cross-functional analytical transformation projects, collaborating with Business, Data Science, Technology, and corporate areas of the entity.
  • Preparation of technical, methodological, and regulatory documentation associated with predictive models and pricing processes.

How you'll work

If you are interested in this Non-Life Pricing Actuary position, do not hesitate to apply.

Hiring process

2 steps2 interviews
  1. CV registration

  2. Consultant contact

    With a specialist Michael Page consultant

    If they see that your experience and motivations fit the values and needs of a hiring company, they will contact you to start the selection process: they will learn about your expectations, answer your questions and help you prepare for each stage of the process.

  3. Company interview

    With a client company

    If your application progresses, we will help you prepare for the interview with useful information about the company, its culture and what it looks for in a profile like yours.

  4. Final stage and negotiation · With a client company

  • The final stages are set by the client company: Michael Page acts as an intermediary, and the interview and decision rest with the hiring company.
  • Support continues after the contract is signed.
  • Michael Page cannot support every candidate; registering and keeping your profile up to date opens the door to future processes.

About Michael Page España

Michael Page is a global recruitment consultancy and part of PageGroup, one of the world's leading professional recruitment firms. The company specializes in placing mid-to-senior level professionals across a wide range of sectors, including technology, engineering, finance, sales, and human resources. With a strong presence in Spain, Michael Page operates offices in major cities and offers services such as executive search, temporary staffing, and outsourcing solutions.

Industry
Staffing

In their own words

About the company & team

Our client is a large organization within the insurance sector, recognized for its commitment to technical excellence and its focus on innovation in insurance services.

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