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PRICING
ACTUARY

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.

Experience
Specialist
Your mission
Be Number-Ninja
Salary (brutto)
Up to 2200
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Which Balcia insurance subscription are you?
background Artur Senčenko
Artur Senčenko
Board Member
Meet your leader

Position

As the Pricing Actuary at Balcia you will use your skills and love connecting data, people and technology, on the way challenging status-quo and making Balcia brand stand out in the crowd.

You will:

  • Create, develop and ensure timely maintenance of non-life insurance pricing models
  • Provide opinions and recommendations on pricing
  • Consult analysts, underwriters and product managers on pricing optimization
  • Assist the product manager in creating and developing insurance products
  • Participate in development of product information systems, including automatic pricing, formation, testing
  • Ensure analysis of the technical result of the products, initiation of pricing and process changes, if necessary
  • Ensure monitoring, analysis of factors affecting the insurance market and preparation and presentation of market data reports to interested persons
  • Prepare and provide periodic and ad-hoc reports to interested departments
  • Participate in preparation of the annual product sales and technical result budget
  • Ensure pricing documentation, data-based assessment of non-standard and large insurance risks
  • Participate in strategic group-wide projects, when statistical or mathematical justification is required

  What we expect

  • If you have good communication, cooperation, problem-solving and acceptance skills
  • If you put passion and energy in everything you do and get satisfaction from it
  • If you are results-driven person and have a mindset that allows you to always think out of the box
  • If creative thinking and staying up to date with new trends are your thing

then we are “on the same page”, and it’s definitely worth talking to us.

 Requirements

  • Higher education in mathematics, statistics, data, econometrics, IT, economics or similar
  • Proven data collection, processing and analysis skills
  • Data representation and presentation preparation skills
  • Strong Lithuanian and English language skills

 Reasons why you’ll love it here:

You will be working from our modern office in Vilnius City, while also having the option of a nomad-desk. What does that mean? Simple! In addition to our Vilnius office, you can occasionally choose to work from dynamic locations across Riga, Tallinn, Warsaw, or, if you wish, your home office.

Say goodbye to micromanagement and hello to creative freedom! Our flat organizational structure empowers each employee to make meaningful decisions and contribute directly to our shared vision.

You’ll receive a competitive salary up to 2200EUR gross (based on your experience), plus flexible benefits including health insurance from day one or wellness compensation, recharge days, discounts on Balcia products, and more. And because we love surprises, our benefits evolve every year. 

Balcia brings a whole new meaning to insurance, making it dynamic, vibrant, and full of exciting surprises! From creative brainstorming and innovative projects to unique collaborations, it's never boring at Balcia! To make your start here as smooth as possible we'll provide effective onboarding, and any additional training or guidance you may need.

illustration

Pleasures

No 1
Life in Balance

We wish you to be the most productive me you can be!

Flexible working hours
Kudos Day
Shorter Summer Fridays
Work abroad for three months a year
Work and travel across Balcia branches
Hybrid Work
No 2
Beyond your salary

We are ready to compensate your efforts in addition to your salary!

Educational Sponsorship
Conference Support
Performance Bonus
Participation in Balcia sponsored events
Individual training budget
Unlimited career growth
No 3
Balcia Lifestyle

These perks are here to make your workdays smoother, brighter, and more fun.

Merch Shop
Shared electric scooters
Inspiring story tellers
Insider deals 50%
Referral bonus
Internal events
Snacks in the office
Flat structure
Partner discounts
Residence discount 20%
Phone expenses
Free Parking
Rooftop Fun
No 1
Life in Balance

We wish you to be the most productive me you can be!

Flexible working hours
Kudos Day
Shorter Summer Fridays
Work abroad for three months a year
Work and travel across Balcia branches
Hybrid Work
No 2
Beyond your salary

We are ready to compensate your efforts in addition to your salary!

Educational Sponsorship
Conference Support
Performance Bonus
Participation in Balcia sponsored events
Individual training budget
Unlimited career growth
No 3
Balcia Lifestyle

These perks are here to make your workdays smoother, brighter, and more fun.

Merch Shop
Shared electric scooters
Inspiring story tellers
Insider deals 50%
Referral bonus
Internal events
Snacks in the office
Flat structure
Partner discounts
Residence discount 20%
Phone expenses
Free Parking
Rooftop Fun

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PRICING
ACTUARY


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Balcia Insurance