AVP Specialty Pricing
About The Position
Ledgebrook is an AI-native specialty insurance platform. When a business needs coverage that is custom and complex, its broker comes to us, and our underwriters give them an answer, often in hours rather than weeks. We built our technology from scratch, with AI in it from the first line of code. The technology helps price the risk; the underwriter uses their judgment to decide. There are always two hands on the wheel. We are insurance industry insiders, and we eat our own cooking: Ledgebrook writes the policy and shares the risk through our own carrier, Ledgebrook Specialty, rated A- (Excellent) by AM Best. We work exclusively through wholesale brokers. Our vision: to make the wheels of insurance spin faster. At Ledgebrook, everything we do is driven by our culture: Care, Strive, Thrive Together. To succeed in modernizing the industry, we must first succeed in changing the way we do business. Talent density is our north star—fewer, better people working together as one. To that end we’ve replaced all individual incentives with generous equity packages—we play as a team, we win as a team. Everyone benefits handsomely from Ledgebrook’s success. About the Role Ledgebrook is seeking an AVP/VP, Specialty Pricing actuary to join our Product & Data team. This is a high-impact role where you will be instrumental in driving data-informed decision-making across our Professional, Cyber, and Excess Liability portfolios. You will be a key contributor by working closely with our underwriters and developing and maintaining our professional lines and excess casualty pricing. As an AVP/VP, Specialty Pricing, you will: Develop Analytical Solutions: Help design and build predictive pricing models using a combination of machine learning and traditional actuarial methodologies. You will also create and implement analytical reports and processes that provide valuable business insights. Drive Data Strategy: Work closely with our incredible data and AI/ML engineers to define data requirements for advanced models and tools. You will ensure data integrity and accuracy as well as implement third-party data into projects. Communicate and Collaborate: Partner closely with underwriting, claims, finance, and other business stakeholders to translate complex actuarial findings into actionable business strategies. Your ability to communicate effectively will be crucial for the successful adoption of new insights and models. Own Technical Pricing: You will have the opportunity to own technical pricing. You collaborate with other teams to ensure your models and pricing tools are seamlessly integrated and maintained. Mentor and Grow: You will partner with other actuaries and data scientists on the team to build out our capabilities and foster a culture of continuous improvement and innovation. Note that the level of this role will be adapted to match the candidate’s experience and skillset.
Requirements
- Strategic mindset
- Strong actuarial pricing and/or insurance modeling experiences
- Passion for leveraging data to drive business value
- Credentialed actuary or background in statistics with experience in professional liability pricing in the Property & Casualty insurance or reinsurance market
- Proficient in Excel and SQL
- Strong desire to learn and innovate
- Thrive in a fast-paced, startup environment
- Team Player with passion and collaborative spirit
Nice To Haves
- E&S experiences a plus
Responsibilities
- Help design and build predictive pricing models using a combination of machine learning and traditional actuarial methodologies.
- Create and implement analytical reports and processes that provide valuable business insights.
- Define data requirements for advanced models and tools, ensuring data integrity and accuracy.
- Implement third-party data into projects.
- Partner closely with underwriting, claims, finance, and other business stakeholders to translate complex actuarial findings into actionable business strategies.
- Own technical pricing, collaborating with other teams to ensure models and pricing tools are seamlessly integrated and maintained.
- Partner with other actuaries and data scientists on the team to build out capabilities and foster a culture of continuous improvement and innovation.
Benefits
- Full remote flexibility and asynchronous work culture
- Unlimited PTO and fully paid sick leave
- Comprehensive health benefits, including medical, dental, and vision coverage, plus HSA and FSA options
- Additional financial protection and retirement benefits, including a 401(k), company-paid life insurance, and disability coverage
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
No Education Listed
