E
entact
Member
I work in a multinational insurer as a nearly qualified pricing actuary. I interviewed for a position in a much smaller insurer (commercial fleet) who until now has not had a actuarial pricing function - the commercial underwriters set the premiums. The want to change this and bring someone on board to implement more sophistcated approaches to pricing. This all sounded interesting to me until they told be they are only now starting to collect data at an individual policy level. Until now, all claims data has been in bulk (it's a long story...).
For me this rules out using GLMS or other pricing techniques that relies on linking individual claims to vehicle exposure records.
Apart from that the job and company appear great and the salary is significantly higher than what i'm currently on.
Ideally, i would stay where i am and hope that my company would match.
Not sure what to do - any help would be great!
For me this rules out using GLMS or other pricing techniques that relies on linking individual claims to vehicle exposure records.
Apart from that the job and company appear great and the salary is significantly higher than what i'm currently on.
Ideally, i would stay where i am and hope that my company would match.
Not sure what to do - any help would be great!