Pricing Analyst

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About the role

We are looking for the Pricing Analyst (actuary) to play a vital role in supporting the development of our insurance products. This position requires conducting statistical analysis, making necessary assumptions about the product and policyholders' behavioural trends, and forecasting product results.

What are you going to do? 

  • Evaluate the adequacy of insurance premiums to ensure their sufficiency. 
    Provide pricing suggestions to product managers based on statistical analysis and other relevant factors.
  • Develop and refine statistical pricing models to improve accuracy and competitiveness.
  • Improve pricing methodologies and tools to enhance the pricing process. 
    Manage, participate in, and support the implementation of analytical projects.
  • Actively participate in initiatives aimed at improving your own and team efficiency and effectiveness. 

What do we expect from you?

Must have 

  • Enthusiasm for working with numbers and utilizing extensive data to make well-informed business decisions.
  • Proficient knowledge of SQL and MS Excel.
  • Ability of taking initiative and working autonomously, driven by achieving results.
  • Good communication skills, alongside a strong desire to learn and collaborate with others.
  • Bachelor's degree in mathematics, statistics, econometrics, or IT.
  • Prior professional experience in an analytical or actuarial role.
  • Fluent in English and proficient in one of the Baltic languages. 

Nice to have 

  • Proficiency in working with SAS, BISM/PowerBI, and Python.
  • Previous work experience in an Agile environment.
  • Demonstrated ability to collaborate effectively across functions within an international setting. 

Our promise to you 

For stability 

  • Monthly salary: From €2600 to €4200* gross depending on qualifications and experience. Additionally, there is an annual bonus. (*Please note that the specific amount may vary due to different employment taxation in Baltic countries.)
  • Additional financial benefits: We offer various financial benefits, including discounts on our products for both you and your family. Furthermore, we provide a €350 compensation for establishing an ergonomic home office and special gifts for birthdays, among other perks.
  • Job location: The position is available in Vilnius, Riga, and Tallinn, and it follows a hybrid working model. 

For development 

  • Stimulating and exciting projects with the freedom to independently plan your tasks.
  • Access to personal development and training opportunities.
  • Experience a strong company culture, including company events, captivating speakers, and other inspiring initiatives. 

For wellbeing

  • Prioritize your wellbeing with health insurance, availability of fresh fruits in the office, free flu vaccinations, and more.  

Explore further details about our employee benefits program.

Join us!

“If you're passionate about transforming data into business decisions, I invite you to apply today and join our innovative team!”

Eriks Pjatkins, Head of Pricing Actuary Department 

If you want a #NormalJob, If has one to offer!

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Want to know more?

Contact our Human Resources department at personalas@if.lt