Senior Actuary
About The Position
AF Group is seeking an experienced Senior Actuary to support the development and growth of its expanding commercial multiline portfolio. The role requires strong property and casualty pricing expertise and ideally experience supporting product development and multiline business growth. The Senior Actuary works closely with Actuarial, Product, Underwriting, Regulatory, and other business partners to translate market and competitive intelligence into pricing strategy, underwriting guidance, and actionable tools. As the portfolio grows, the role will help evolve pricing and portfolio management from reliance on external benchmarks and market intelligence toward increasingly sophisticated, experience-based approaches. The position also performs actuarial analysis across pricing, loss reserving, product development, reinsurance, capital management, and other financial or business purposes. It helps develop and maintain actuarial models, monitor portfolio and industry performance, support strategic plans, communicate recommendations, and mentor actuarial analysts. Work is performed in an office setting with no unusual hazards, and minimal travel is required.
Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, or a related area.
- Associate designation in the CAS or SOA and at least 12 years of P&C actuarial experience, or FCAS/FSA designation and at least 8 years of P&C actuarial experience.
- Excellent oral and written communication skills.
- Ability to make competent, independent decisions.
- Advanced knowledge of actuarial principles and practices in one or more of reinsurance, reserving, ratemaking, financial reporting, capital management, underwriting, and claims practices.
- Ability to perform actuarial and statistical analyses.
- Ability to apply logical thinking to define problems, collect data, establish facts, and draw conclusions.
- Ability to communicate effectively with actuaries and non-actuaries verbally, in writing, and through presentations.
- Expert skill using Excel and proficient skill using Outlook, Word, and PowerPoint.
- Ability to learn new software.
Nice To Haves
- Programming skills in SQL and/or statistical software such as R or Python.
- Experience supporting product development and the growth of multiline business.
Responsibilities
- Provide actuarial leadership for multiline product development and pricing strategy, including Commercial Auto, General Liability, Property, and other commercial lines as the portfolio expands.
- Evaluate competitive pricing approaches and translate market research into potential filing strategies, pricing tools, and actionable underwriting guidance.
- Partner with Product and Underwriting to identify opportunities for segmentation, pricing differentiation, and profitable growth.
- Build and evolve the multiline pricing framework as internal experience emerges, including rate indications, portfolio monitoring, pricing diagnostics, and recommendations for changes in pricing strategy.
- Perform actuarial analyses for pricing, loss reserving, product development, reinsurance, capital management, and other financial or business purposes.
- Communicate recommendations and findings to appropriate audiences through presentations, reports, and pricing tools.
- Document work and establish or improve procedures for internal department processes.
- Help design, enhance, and maintain pricing, reserving, reinsurance, and forecasting models.
- Work with business units to help create and drive strategic plans and metrics.
- Monitor premium and loss-ratio projections and communicate status to business units and senior management.
- Monitor industry results and trends, the Company’s relative performance to the industry, and resulting action plans.
- Provide guidance to and mentor other actuarial analysts.
- Represent Actuarial on corporate projects as needed.
- Attend meetings and serve on committees as necessary, representing the Actuarial department.
- Perform advanced special projects as needed.
- Maintain good standing with the Actuarial Society, complete annual continuing education requirements and attest as required, and follow the Code of Professional Conduct and relevant actuarial standards of practice.
- Proactively identify analytical projects to solve business problems.
- Develop relationships within and outside Actuarial & Data Science to increase understanding of the Company, its goals, and concerns.
- Assist in creating a department strategic plan that supports corporate initiatives.
- Participate in peer reviews of actuarial work product.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
