Actuarial Director, Pricing

Locations: Chicago, IL | New York, NY | Jersey City, NJ | St. Paul, MN | Hartford, CT

About the role

A leading global specialty insurance organisation is looking to appoint two Directors, Actuarial to join its growing Programs Pricing function. This is an opportunity for an experienced P&C actuary to take ownership of a portfolio of specialty insurance programs and play a genuine role in shaping business strategy. You'll work closely with underwriting, program management, analytics and senior leadership, providing the actuarial insight that helps determine where the business should grow, maintain, reprice or pull back.

Responsibilities

• Leading portfolio profitability and pricing analysis across your assigned Programs.
• Monitoring rate, pricing adequacy, underwriting mix and segmentation to understand portfolio performance.
• Advising the business on opportunities to grow, maintain, reprice or exit areas of the portfolio.
• Evaluating new specialty Programs and external partnerships from an actuarial and commercial perspective.
• Developing and improving pricing methodologies, segmentation and actuarial approaches.
• Building pricing and portfolio monitoring tools using technologies such as Python, SQL and VBA.
• Conducting actuarial studies to improve pricing parameters and methodologies.
• Partnering closely with Underwriting, Program Managers and predictive modelling/analytics teams.
• Presenting complex actuarial analysis to senior stakeholders and turning it into clear, actionable commercial recommendations.

Requirements

• 6+ years of relevant P&C actuarial experience.
• ACAS or FCAS qualification.
• Strong experience in actuarial pricing, portfolio analysis and profitability.
• Exposure to commercial or specialty P&C insurance, ideally including Programs.
• Strong analytical and technical skills, particularly Python, SQL and/or VBA.
• Experience with pricing adequacy, segmentation, rate monitoring and pricing methodology.
• Ability to work closely with Underwriting and senior business stakeholders.
• Strong communication skills and the confidence to provide an actuarial point of view and influence decisions.
• Interest in moving beyond purely technical pricing work and having a genuine interest in the commercial side of insurance.

Pay

$130,000-$180,000 base + bonus

Schedule

Hybrid - 3 days per week in the office

Benefits

• Joining a well-established global specialty insurer with a strong actuarial culture and exposure to genuinely interesting and complex insurance risks.
• The actuarial function has a meaningful voice within the business, with senior actuarial professionals involved in commercial and underwriting decisions, offering the opportunity to influence strategy rather than simply provide supporting analysis.
• The Programs environment offers considerable variety – you'll work across multiple specialty portfolios and business models, gaining exposure to different risks and challenges rather than repetitive pricing work.
• Opportunity to work alongside highly experienced actuarial and insurance professionals, develop your commercial expertise and take ownership of significant portfolios.