radicalraters

First Pricing Guy Jack drew on his experience as the first pricing hire at a three-month-old household MGA to explore what the role actually demands when a start-up has no data, no products, and no tech. He framed the scenario as a live interview question — what would you offer here? — before walking through his own answer: think company strategy before departmental strategy, replicate the best elements of competitors rather than chase a USP, and act as the point of contact and trainer on all...

Simulating a Pricing Game In this session, Juan demonstrated how simulated pricing competitions serve as stochastic laboratories to replicate real-world pricing challenges. By participating in these games, actuaries gain hands-on experience with competitive market dynamics and develop practical skills for building pricing strategies in the industry. The session also explored how designing these games raises questions around exposures modelling, performance measurement aligned with investors'...

Rocket Science Meets Bayesian Models: Space Risks – Small Binary Data. Neil Fleming's presentation outlines a data-driven approach to...