Pricing Actuary

Authentic•Dayton, OH

2d•$120,000 - $140,000

About The Position

This is the first dedicated actuarial hire at Authentic. You’ll report to our COO, a credentialed actuary who is currently covering actuarial leadership directly. You’ll own the analytical work that our carrier partners, reinsurers, and internal underwriting teams depend on to write profitable business.

Requirements

ACAS, or near-ACAS with path to the credential
4+ years of property & casualty actuarial experience in both reserving and pricing; commercial lines exposure (general liability, property, workers’ compensation, auto, umbrella) strongly preferred
Comfortable with imperfect and incomplete data. Ability to distinguish between a number that is wrong and a number that is merely immature.
Ability to present technical conclusions to non-actuarial audiences, including carrier partners, reinsurers, brokers, and executives.

Nice To Haves

Program business, MGA/MGU, fronting, or delegated authority experience is a meaningful plus

Responsibilities

Monitor rate level adequacy by state and class of business, quantify indications, and recommend rate changes; establish a recurring maintenance cadence.
Build and own claim frequency reporting as a leading indicator of business mix shift and risk selection quality.
Develop in-house loss development factors as credible historical loss data emerges. Assess in-house loss development patterns against currently adopted industry selections.
Track carrier and reinsurance market conditions in our core classes, maintaining working relationships with reinsurance brokers, carrier partners, and industry contacts so pricing and capacity decisions are made with current market context.
Partner with our data and engineering teams to move recurring analyses out of one-off spreadsheets and into repeatable, automated reporting.
Support new program pricing, carrier submissions, reinsurance renewals, and diligence requests as they arise.