Associate Director, Actuary
Cover Genius
Accounting & Finance
Sydney, NSW, Australia
Posted on Dec 6, 2024
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, Hopper, Ryanair, Turkish Airlines, Descartes ShipRush, Zip and SeatGeek. We’re also available at Amazon, Flipkart, eBay, 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 an Associate Director, Actuary in the Solutions function, you will be responsible for monitoring the underwriting performance of our protection programs across the business. You will work with insurance teams to identify and implement any pricing actions to ensure relevant KPI targets are reached. You will ascertain that actuarial pricing standards are met globally and provide recommendations/oversight for any novel solutions being implemented .To excel in this position, you should be a qualified Actuary, deeply passionate about technology and innovation in product development. Essential to success is your ability to collaborate consistently with both internal teams and external stakeholders.
Key Responsibilities:
- Monitor underwriting performance globally, including captives
- Monitor / update pricing
- Work closely with the Insurance and Partnerships team to design and implement novel protection solutions
- Develop relationships with underwriters, and lead complex pricing discussions with insurers’ underwriting and actuarial teams
Skills & Experience:
- 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.
- What you will have:
- Proven ability to foster and develop relationships with key external and internal stakeholders and track record in influencing stakeholders to achieve optimal pricing outcome
- Ability to communicate and interpret data to a variety of audiences
- Excellent written and verbal communication and presentation skills.
- Excellent organizational skills and the ability to independently take initiative on projects.
- Ability to adapt quickly to a start-up pace environment and culture.
- Ability to lead and motivate teams
Why Cover Genius?
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 PTO. Taking time out is important for our teams to enjoy life and stay fresh.
• 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!
* 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.
