Principal Pricing Actuary - THREE

Berkshire Hathaway Direct Insurance Company•Stamford, CT

7d•$225,000 - $275,000•Hybrid

About The Position

We are seeking a Principal Pricing Actuary to serve as the primary actuarial owner for pricing at THREE, our comprehensive small business insurance product. THREE provides multi-line coverage to small businesses. This role carries end-to-end responsibility for actuarial pricing across the THREE product and direct leadership of a growing actuarial team. The Principal Pricing Actuary will set pricing strategy, own actuarial methodologies, ensure rate adequacy, and oversee execution from analysis through rate filing and implementation. This role will initially manage three direct reports, with responsibility to scale the team over time as the product and business grow. Given the breadth of THREE and evolving internal priorities, this position requires a high degree of independence, sound actuarial judgment, and the ability to lead both people and outcomes with limited day-to-day oversight. The Principal Pricing Actuary will act as the day-to-day actuarial decision maker and people leader for THREE, partnering closely with Product, Underwriting, Data Science, Finance, and senior leadership. This role can be worked either hybrid in Stamford, CT (Tues/Wed in office) or remotely with quarterly mandatory travel to our Stamford, CT location.

Requirements

Significant P&C pricing experience with demonstrated ownership of pricing decisions
Commercial lines pricing experience, specifically Commercial Property and General Liability
Strong hands on coding skills in SQL and R or Python
Experience building and owning actuarial models, including GLMs, end to end
Excellent communication skills, with the ability to explain complex actuarial analyses clearly and confidently to senior, non technical audiences
Proven ability to lead, mentor, and manage actuarial staff
Demonstrated ability to operate independently, prioritize work, and exercise sound actuarial judgment

Nice To Haves

FCAS preferred; strong ACAS with extensive pricing ownership and leadership experience will be considered
10+ years of P&C actuarial experience, primarily in pricing
Experience pricing small business or package products
Experience scaling or maturing actuarial teams and processes
Familiarity with regulatory environments and rate filing processes
Strong organizational skills and attention to detail
Experience collaborating closely with data science or advanced analytics teams

Responsibilities

Serve as the primary actuarial owner for pricing across all THREE lines of business, with particular focus on Commercial Property and General Liability
Set and evolve pricing strategy, balancing growth, competitiveness, and long term profitability
Make independent actuarial recommendations and sign off on pricing assumptions, methodologies, and decisions
Manage, mentor, and develop a team of actuarial analysts and actuaries, currently consisting of three direct reports
Set clear expectations, priorities, and development plans for team members
Review and validate team analyses to ensure technical quality, accuracy, and consistency
Build a strong culture of ownership, accountability, and analytical rigor
Partner with leadership to scale the actuarial pricing team over time, including hiring, onboarding, and role design as needed
Own the full pricing lifecycle, including scoping, analysis, internal review, regulatory rate filings, and implementation
Lead the quarterly profitability review, including review of and coordination across all lines of business
Establish and maintain strong pricing governance, controls, and documentation
Ensure accuracy, consistency, and transparency across all pricing deliverables
Design, build, and maintain pricing models, including GLMs and other actuarial models, using SQL and R or Python
Provide technical direction and review for models developed by team members
Partner with data science teams to enhance GLMs and incorporate predictive model outputs into pricing decisions
Interpret and incorporate CAT model outputs and other external data sources as appropriate
Improve efficiency and effectiveness of the entire pricing process
Act as the actuarial authority for THREE in discussions with Product, Underwriting, Finance, and senior leadership
Clearly communicate complex actuarial concepts, tradeoffs, and recommendations to non actuarial stakeholders
Influence business decisions through clear, confident, and concise communication
Represent pricing actuarial perspectives in strategic planning discussions

Benefits

Medical (PPO/HDHP), vision, disability, and life insurance.
Enhanced dental plan with orthodontia coverage in addition to a standard plan.
Generous PTO plan for all benefit-time eligible employees.
Paid company holidays and 4 floating holidays.
Paid parental leave.
Employee Retirement Savings Plan/401(k) with company match and immediate vesting.
Education Assistance Program that offers 100% upfront tuition reimbursement after 6 months of service for approved degree programs.
Service Recognition Program that provides a monetary award to be used toward a vacation every 5 years of employment.
Wellness Initiatives that include Fitness Center and Weight Watchers Reimbursement programs.
Voluntary benefits that include accident, critical illness, and hospital indemnity.
Employee discount and rewards program on travel, tickets, electronics, home, and more.