Job Description:
The purpose of the testing is to ensure that the insurance premiums quoted to existing and potential customers are accurate. The person in this role will leverage a blend of business and technical competency to carry out their daily tasks. Total 5 – 10 years of experience (including Earnix hands-on experience) in the Insurance Rating/Pricing industry, is desirable.
Job responsibilities (MUST):
- Guide development team with simulation scenarios/use cases.
- Guide Technical/Business Analyst to capture and firm up implementation requirements and technical specifications.
- Be the face of the Pricing CoE and act as the bridge between the client Actuarial team and EY’s Earnix implementation team.
- Updating rates/factors/formulas to align with IT production changes.
- Running, modifying and creating SQL queries in the cloud.
- Debugging rating errors for individual customer policies as part of root cause analysis.
- Learning the details of premium calculations and working towards becoming a rating expert.
- Updating existing, repetitive work efforts and projects with an eye towards efficiency.
- Spotting obvious errors and anomalies when retrieving and manipulating data.
- Understanding and using appropriate insurance and actuarial terminology in the context of analysis and explanations.
- Providing weekly progress updates to manager and the Market Pricing Project Manager.
- Attending department trainings and allocating time to learning about actuarial concepts.
- Pursuing exams on the CAS syllabus required.
- Excellent understanding of U.S. insurance industry (P&C – Commercial, Personal & Speciality).
- Run batches to up-skill/cross-skill EY internal actuarial team members and help expand Rating/Pricing CoE.
- Emphasize quality standards and follow best practices to meet customer expectations.
- Must have high level of attention to detail.
Additional skills/experience (Good to have):
- Experience in other pricing products, apart from Earnix. Example, Ratabase or Insbridge.
- Rich working experience as Actuarial Analyst with U.S. based clients on P&C domain.
- Understanding of Guidewire PolicyCenter – experience in integrating Earnix with GW PC is an added advantage.
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