Rate Development Manager

Redion•San Diego, CA

2d•Hybrid

About The Position

The Rate Development Manager shapes pricing and regulatory filing strategy for Redion’s countrywide travel insurance portfolio and associated commercial insurance programs. This role leads complex, multi-state rate development and filing initiatives and partners closely with Product Development and Underwriting to deliver market-ready solutions. It requires strong GLM modeling and ratemaking expertise and the ability to apply rigorous actuarial analysis and first principles to a specialized line of business. The position collaborates with organizational leaders and stakeholders, may supervise other Actuarial staff, and reports to the VP, Product Development & Analytics. The role is hybrid and based in Redion’s San Diego, California office, with onsite work 2–3 days per week and work from home 2–3 days per week.

Requirements

At least 7 years of actuarial experience, including demonstrated success independently managing large, complex actuarial analyses and regulatory filing projects.
Strong expertise in GLM modeling, including the ability to explain methodology, assumptions, results, and business implications to technical and non-technical audiences.
Hands-on experience with Python, R, Emblem, Akur8, or other actuarial modeling and statistical software.
Advanced proficiency in Excel and SQL.
Excellent written and verbal communication skills, including the ability to present complex technical concepts to regulators, actuarial peers, business stakeholders, and senior executives.
High reliability, attention to detail, strong work ethic, and commitment to producing high-quality, regulator-ready work products.
High school diploma or GED required.
Bachelor’s degree in mathematics, actuarial science, economics, finance, or a similar field from an accredited college or university.
Accredited member in good standing of the Casualty Actuarial Society (ACAS or FCAS).

Nice To Haves

Experience with data visualization tools and techniques.

Responsibilities

Own, manage, and continuously improve the end-to-end rate development and rate filing process.
Lead ratemaking analyses, rate indications, experience studies, and GLM modeling to support development and ongoing updates to countrywide rate manuals.
Develop rates for new coverages, perils, and programs, including offerings that may not currently exist in the market.
Conduct, manage, and present dislocation and rate manual calibration analyses to support stakeholder alignment and approval to file proposed rates and rate changes.
Oversee preparation of actuarial memoranda, exhibits, and rate manuals for 50-state filings.
Manage filing timelines and communicate progress, risks, and mitigating solutions to stakeholders throughout filing and approval processes.
Manage and enhance rating tools used by Underwriting to price new opportunities based on approved state rate manuals, including supporting documentation and training materials.
Perform regular market and competitor intelligence analyses to inform product development and pricing strategies.
May supervise other Actuarial staff.

Benefits

Employer contribution toward health, dental, and vision insurance.
Paid maternity and paternity leave.
Scholarship program for employee dependents.
Company 401(k) match.
Employee Assistance Program (EAP).
Company-paid short-term and long-term disability insurance.
Company-paid life insurance.
Voluntary pet insurance.
Voluntary legal benefit.
Discounts on travel insurance.
Time off policies including vacation days, sick days, personal days, holidays, and volunteer days (VTO).
Diversity, Equity, and Inclusion (DEI) Committee.
Career pathing and Individual Development Plans.
Internal training and intern opportunities.
Women in Business Mentorship Program.
Employee awards and recognition.
Education and Professional Development Assistance Program.