Actuarial Pricing Specialist
Balcia
We're a tech-driven insurance company with Latvian roots, causing waves in industry with our fresh approach. Our secret? Placing people's lifestyles at the heart of our products and leveraging the power of automation. The result is an insurance experience that's as hassle-free as it gets. No need to buy and cancel policies anymore - just a simple, convenient subscription service that smoothly integrates insurance into your everyday life. Today, we are sprinkled across Latvia, Lithuania, Poland, France, Germany, Italy, and Estonia. We're all over the place, and we're just getting started. We are on a mission to redefine the way you think about insurance.
As an Actuarial Pricing Specialist, you will support the development of pricing strategies, build actuarial models, and deliver insights that help shape key business decisions.
Get ready to:
- Analyse product profitability and recommend as well as implement pricing adjustments.
- Develop pricing tariffs for motor and property insurance products.
- Build and enhance actuarial models.
- Prepare analyses, visualisations, and present results to stakeholders.
- Develop tools that support data analysis and reporting, including in Power BI.
- Collaborate with other teams across the organisation by providing relevant reports and insights.
To fit here you'll need:
- At least 3 years of experience in actuarial pricing or building insurance tariffs.
- Knowledge of premium calculation principles, actuarial methods and insurance accounting.
- Ability to build risk models using GLM/GAM methodologies.
- Knowledge of Power BI and MS Office; familiarity with SQL or R will be a strong advantage.
- Higher education in a quantitative field (mathematics, data analysis, quantitative methods, statistics).
- Strong communication skills and the ability to work effectively in a team.
- Highly developed analytical thinking, independence and initiative.
- Good command of English enabling smooth communication.
Reasons why you'll love it here:
You will be working from our modern office in the Warsaw city centre, with the option of a nomad-desk that lets you occasionally work from dynamic locations across Riga, Tallinn, and Vilnius or from home.
Our flat organisational structure empowers each employee to make meaningful decisions and contribute directly to our shared vision. A bonus system aligns your personal goals with the company objectives, giving you the freedom to grow in a way you see fit and earn extra rewards.
Balcia brings a whole new meaning to insurance, making it dynamic, vibrant, and full of exciting surprises! To make your start here as smooth as possible, we provide effective onboarding.
You'll receive a competitive salary based on your competencies and experience, high‑quality health insurance from day one, additional paid days off, discounts on Balcia products to keep you and your family safe, and many more benefits. We review our benefits package annually to include even more bonuses.
Pleasures
- Life in Balance – help you be the most productive you can be.
- Health and Wellness – physical and mental well‑being are always a priority.
- Beyond your salary – additional compensation for your efforts.
- Fun perks – designed to make your workdays smoother, brighter, and more enjoyable.