VP, Head of Actuarial Pricing
About The Position
About the role: We are seeking an experienced and strategic VP, Head of Actuarial Pricing to lead our actuarial pricing team. The ideal candidate will oversee all aspects of actuarial pricing for our P&C insurance products, driving profitability and growth through data-driven decision-making and innovative actuarial techniques. What you'll do: · Strategic Leadership: Lead the company's pricing strategy, manage the actuarial team, and contribute to overall business strategy. · Pricing and Product Development: Manage rating algorithms, support product development, and ensure profitability across all segments. · Advanced Analytics: Implement cutting-edge analytical methods and oversee the development of pricing and demand models. · Performance Assessment: Monitor product profitability, establish performance metrics, and propose improvements for underperforming areas. · Regulatory Compliance: Ensure adherence to regulations, manage rate filings, and interact with regulatory bodies. · Cross-functional Collaboration: Work with various departments, assist in implementing pricing tools, and explain complex concepts to non-technical audience. · Industry Engagement: Represent the company at industry events and stay current with actuarial trends and best practices. What we're looking for: · Fellow of the Casualty Actuarial Society (FCAS) · 10+ years of actuarial experience in P&C insurance or reinsurance, with at least 5 years in a leadership role · Strong knowledge of ratemaking, reserving, and financial modeling · Expertise in predictive modeling and machine learning techniques · Excellent analytical and problem-solving skills · Strong leadership and team management abilities · Outstanding communication skills, both written and verbal · Proficiency in actuarial software and programming languages (e.g., Python, R) · Deep understanding of insurance regulations and filing processes Preferred Qualifications: · Degree in Actuarial Science, Mathematics, or related field · Experience with multiple lines of P&C insurance or reinsurance · Knowledge of emerging technologies
Requirements
- Fellow of the Casualty Actuarial Society (FCAS)
- 10+ years of actuarial experience in P&C insurance or reinsurance, with at least 5 years in a leadership role
- Strong knowledge of ratemaking, reserving, and financial modeling
- Expertise in predictive modeling and machine learning techniques
- Excellent analytical and problem-solving skills
- Strong leadership and team management abilities
- Outstanding communication skills, both written and verbal
- Proficiency in actuarial software and programming languages (e.g., Python, R)
- Deep understanding of insurance regulations and filing processes
Nice To Haves
- Degree in Actuarial Science, Mathematics, or related field
- Experience with multiple lines of P&C insurance or reinsurance
- Knowledge of emerging technologies
Responsibilities
- Strategic Leadership: Lead the company's pricing strategy, manage the actuarial team, and contribute to overall business strategy.
- Pricing and Product Development: Manage rating algorithms, support product development, and ensure profitability across all segments.
- Advanced Analytics: Implement cutting-edge analytical methods and oversee the development of pricing and demand models.
- Performance Assessment: Monitor product profitability, establish performance metrics, and propose improvements for underperforming areas.
- Regulatory Compliance: Ensure adherence to regulations, manage rate filings, and interact with regulatory bodies.
- Cross-functional Collaboration: Work with various departments, assist in implementing pricing tools, and explain complex concepts to non-technical audience.
- Industry Engagement: Represent the company at industry events and stay current with actuarial trends and best practices.
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What This Job Offers
Job Type
Full-time
Career Level
Executive
Education Level
No Education Listed
