Pricing Manager Irish Life Health

Company: Irish Life Group Services Limited

• Full Time Permanent position
• Hybrid role based in our City Centre offices

We have embraced a hybrid working model for most of our positions, which means that you can enjoy a balanced approach of working from home for part of the week and working from the office for the remainder of the week.

We offer a comprehensive benefits package including competitive salaries and bonuses, robust Learning and Development support, excellent Defined Contribution pension and comprehensive Wellbeing initiatives and support to name but a few.

Irish Life Health is looking to recruit an actuarial manager to join its Pricing team to deliver Irish Life Health's strategic vision and shape key decisions. The successful candidate will be working as part the Pricing team who are responsible for pricing all of Irish Life Health's products and monitoring the emerging experience of those products. The successful candidate will report directly to the Senior Pricing Manager and will work closely with the Head of Product, Pricing & Insights and other functions within Irish Life Health to ensure Irish Life Health's products meet emerging customer needs, are competitive and offer a fair return for the risks accepted.

• Lead actuarial pricing programmes that generate insights and recommendations evidenced by robust actuarial analysis. This will involve analysis of past claims and persistency data to determine view of future business outcomes.
• Lead the process for monthly profitability reporting to senior business leaders across various function within Irish Life Health. This will involve generating and effectively communicating actionable insights regarding the development of Irish Life Health's portfolio's profitability to all stakeholders as required.
• Work with Irish Life Health's claims team to understand and identify emerging claims trends. Additionally, the successful candidate will work with Irish Life Health's commercial and marketing teams to understand developments in policyholder behaviour and competitive landscape.
• Work collaboratively across various functions including finance, commercial, marketing and operations, to drive strategic priorities which have greatest impact on Irish Life Health's profitability and customer satisfaction.
• Proactively seek to improve and enhance the efficiency of the product and pricing processes on an ongoing basis.
• Communicate clearly and effectively complex actuarial analysis and conclusions. Produce reports and opinions for circulation across various stakeholders within Irish Life Health.
• Managing the environment through which complex actuarial models are developed and ensuring this meets the ongoing needs of various internal and external stakeholders.
• Be the focal point for actuarial projects and provide actuarial input to other strategic projects as required.
• Manage stake holder relationships (both internal and external) throughout the course of each project.
• Lead, develop and motivate the team to ensure that the team achieve and contribute to their maximum potential.
• Keep up to date with external developments through engagement with the Society of Actuaries, Insurance Ireland and the Central Bank and through individual research.
• Ensure familiarity with risk management programmes, as they impact on this position, and follow appropriate risk management procedures to control, monitor and report on business activities.

• An actuarial qualification (FIA / FFA, FSAI or other appropriate professional qualification).
• Strong analytical skills, a natural curiosity to understand trends in data and excellent computing ability.
• Experience of Health Insurance or Non-Life actuarial reserving or pricing techniques would be an advantage but is not essential. Training will be provided on software & pricing methodologies.
• A strong blend of technical ability, judgement, and commercial awareness.
• Excellent problem solving and decision making ability.
• Excellent communication skills (both written and oral)
• Advanced knowledge of MS Office, SQL, and VBA

Irish Life is proud to be an Equal Opportunities employer. We have created an environment of inclusion and growth to help people achieve their potential, to ensure they can bring their whole selves to work and to feel valued. We celebrate diversity of thought and perspective and want all of our employees to feel valued, respected and supported.

If you require any accommodations during the recruitment process please contact and we will be delighted to ensure you are fully supported to be your best.

ILFS supports Equal Opportunity and is regulated by the Central Bank of Ireland.