Pricing Analyst

PRICING ANALYST

We are a global reinsurance company & we are locating to Bucharest. In fact, the work we do goes far beyond reinsurance – it's about building resilience in a world of uncertainty.

As a global leader in risk management, we apply the 'Art and Science of Risk' to help societies withstand shocks, close protection gaps, and adapt to emerging threats such as climate change and cyber risk. With headquarters in Paris, a presence in 38 offices worldwide, operations in over 160 countries, and a reputation for innovation, sustainability, and integrity, we empower our clients – and our people – to shape a safer, more secure future.

At our brand-new Shared Business Platform (SBP) in Bucharest, we offer a dynamic environment where career growth is actively supported through internal mobility, globally recognized certifications, and continuous professional development. We value work–life balance, offering flexible work arrangements and wellbeing initiatives that help you thrive both personally and professionally.

Now, let's explore this exciting opportunity so you can be part of our mission.

Short Summary

As a leading global reinsurer,
COMPANY
offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying "The Art & Science of Risk,"
COMPANY
uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

The P&C Pricing & Modelling (P&M) team provides comprehensive risk pricing and modelling analyses to
COMPANY
's underwriting teams located worldwide, ensuring adequate solutions for
COMPANY
's clients. The P&M teams are also highly involved in the development and improvement of methods, tools and processes for Pricing and Modelling, as well as the integration of data science and AI.

Job Summary

The role covers all aspects of

• Assisting standard operational pricing tasks

• Assisting in the development of pricing methods and tools

• Assisting in P&M projects and studies

Key duties and responsibilities

Standard operational pricing tasks:
Under the supervision and guidance of senior staff (which can be located either in nearshore or onshore offices), the individual in this role will:

· Perform standard operational pricing tasks related to data management (checking, capturing, reprocessing, importing) and modelling (loss model creation, data & indices assignment, modelling, calibration, blending, catastrophe accumulation)

· Communicate and collaborate adequately within the nearshore team and with the onshore teams to ensure smooth renewal process following pricing/modelling guidelines

· Contribute in annual studies, create standard dashboards, and develop and test new methods/tools

R&D activities:
Assist P&C operations (Non-Cat R&D) to enhance
COMPANY
's understanding of risks and improve pricing and modelling models.

P&M activities, processes and methods improvement:

• Participate in the evaluation and enhancement of the P&M processes, workflows, methods, tools (xAct, vendor models, new tools, ...), identifying opportunities for automation, standardisation and streamlining to gain efficiency.

Projects:

• Participate in projects, working closely with onshore teams and collaborating with P&C Operations and other stakeholders.

Help expand COMPANY's Analytical Capabilities:

• Tools: develop code, support testing and maintenance, and collaborate with IT.

• Data Analysis: extract insights from data to support decision-making within pricing/modelling teams, underwriting functions and management.

Required experience & competencies

Required experience:

· No prior work experience is required

· Strong mathematical, modelling, technical background, knowledge of digital technology

· Knowledge in P&C lines of business and reinsurance underwriting is an advantage

Personal Competencies:

· Highly motivated and driven individual who has the maturity to work with a diverse group of personalities

· Strong work ethics and ability to work in a rapidly changing and complex environment

· Strong organizational and time management skills required

· Effective communication and collaboration skills with strong interpersonal verbal and written skills to communicate with non-technical colleagues

· Good analytical and problem-solving skills

· Knowledge of Microsoft Office (Proficiency in Excel). SQL, GIS and Programming skills ideally in R or Python is a plus

· Skills in data science, predictive modelling & analytics, machine learning, AI

· Programming skills

· Self-starter who finds creative solutions and brings positive attitude to address challenges

Required Education

· Excellent academic qualifications including a minimum of a bachelor's degree in mathematics, actuarial science, other scientific discipline (statistics, physics, natural science), economics or finance.

· An advanced degree (master's or PhD) would be a plus.

· Insurance qualifications or actuarial credentials are strongly preferred.

· English: B2 level (CECRL)