Lead Pricing Actuary

London / Amsterdam
Insurance – Actuarial /
Regular - Full Time /
The Company  

Cover Genius is a Series E insurtech that protects the global customers of the world’s largest digital companies including Booking Holdings, owner of Priceline, Kayak and Booking.com, Intuit, Uber, HopperRyanair, Turkish Airlines, Descartes ShipRush, Zip and SeatGeek. We’re also available at AmazonFlipkarteBay, Wayfair and SE Asia’s largest company, Shopee. Our partners integrate with XCover, our award-winning insurance distribution platform, to embed protection for millions of customers worldwide each year.
Our team and products have been recognized with dozens of awards including by the Financial Times which ranked Cover Genius as the #1 fastest-growing company in APAC in 2020. Our diverse team across 20+ countries and many language groups commit itself to diverse cultural programs, in particular “CG Gives” which makes social entrepreneurs out of us all and funds development initiatives in global communities.

Our People are
Bold, Authentic, Purposeful and Inspired

Our People are not
Perfect, Traditional, Complacent or Cautious

About the Role

As a Lead Pricing Actuary on our EMEA Insurance Team, you will own the pricing analysis and recommendations for our diverse range of insurance products.To excel in this position, you should be a qualified or nearly qualified Actuary, deeply passionate about technology and innovation in product development.

As the Lead Actuary, your main task involves conducting pricing and performance analysis for Cover Genius's current and upcoming protection offerings. Essential to success is your ability to collaborate consistently with both internal teams and external stakeholders, including underwriters, to deliver innovative partner solutions satisfying key growth and profitability objectives.

What will your day look like? You will...

    • Work closely with the Insurance and Partnerships team to design and implement our unique insurance products. The key focus will be on the development of pricing models, reflecting competitive and commercial considerations from our partners and underwriters.
    • Provide pricing insights and recommendations to internal and external stakeholders to support business decisions.
    • Develop strong and trusted relationships with underwriters, and lead pricing recommendation discussions with insurers underwriting and actuarial teams.
    • Contribute to the development and implementation of product strategy through pricing to achieve business objectives, with a keen eye towards ensuring rate adequacy and overall underwriting profitability whilst maximising CG revenue.
    • Application of actuarial techniques to support the ongoing performance monitoring and management of partners and underwriters.
    • Assist in the production of loss ratios and other key insurance metrics for different product / market segments including ongoing reserving requirements.
    • Leading and motivating team of Actuaries to ensure departmental objectives are being met.

What you will bring;

    • Bachelor's degree in Actuarial Studies, Mathematics, Statistics or Data Science.
    • Qualified actuary, or currently making good progress with examinations through the Institute of Actuaries (or equivalent).
    • Experience working in General Insurance lines of business.
    • Experience in development and implementation of Reserving methodologies for GI lines.
    • Strong technical, analytical and mathematical skills. 
    • Strong SQL and Excel skills.
    • Programming skills in R and/or Python skills desirable.
    • Results driven focus with an emphasis on producing outstanding results.
Cover Genius not only cares about being the best in our industry, we care about our team. We’re a business that understands life can be fluid and so we flex to ensure we provide the environment to suit that. What does that mean?  

• Flexible Work Environment - we are outcome focussed and understand that for our people to perform at their best flexibility is critical.
• Employee Stock Options - we want our people to share in our success, we reward them with ownership for their contribution in creating a world-class company.

• Work with like-minded people who are passionate about both the work we're doing and giving back. Our CG Gives programs enables us to all become philanthropists through our peer recognition and rewards system.
• Social Initiatives - pictures speak a thousand words!

Sound interesting? If you think you have the best composition of the above, send us your resume and let's chat!

* Cover Genius promotes diversity and inclusivity. We don't tolerate discrimination, demeaning treatment of anyone, or harassment due to race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.