Director, Commercial Lines Actuarial
About the role
Located in Webster, MA with a hybrid work arrangement (ideally 3‑4 days per week in Webster; flexibility for Boston and potential remote for exceptional candidates). A well‑established, leading P&C insurer is seeking a Director, Commercial Lines Actuarial to lead pricing and actuarial strategy across a broad Commercial Lines portfolio. This is a high‑visibility leadership opportunity for an experienced actuarial professional who enjoys combining technical pricing expertise with commercial decision‑making and people leadership. You will lead actuarial pricing and profitability initiatives across Commercial Lines, partnering closely with Underwriting, Product, Finance, Claims, Data, IT and senior leadership.
Responsibilities
- Lead pricing strategy across Commercial Auto, BOP, CPP and other Commercial Lines portfolios.
- Monitor rate adequacy, profitability, underwriting mix and segmentation.
- Conduct rate indications, rate impact analysis and pricing studies.
- Develop and enhance rating plans and actuarial models.
- Partner with Underwriting to support profitable growth and portfolio strategy.
- Translate actuarial analysis into clear commercial recommendations for senior leadership.
- Work with IT and Data teams to implement pricing logic and analytical solutions.
- Support rate filings, planning, budgeting and other business initiatives.
- Lead and develop a team of two actuarial analysts.
Requirements
- 10+ years of P&C actuarial experience.
- ACAS required; FCAS preferred.
- Strong Commercial Lines pricing experience, particularly Commercial Auto, BOP and/or CPP.
- Previous people management or leadership experience.
Skills
- Strong technical and data manipulation capabilities, particularly SQL.
- Experience with SAS, R, Python or comparable analytical tools.
- Strong communication skills and the ability to influence Underwriting and senior stakeholders.
- Commercial acumen and the ability to connect actuarial analysis with broader business strategy.
Benefits
- Comprehensive benefits package including 401(k) match/profit sharing, medical, dental, vision, PTO and wellness benefits.
- Potential sign‑on support may be available depending on individual circumstances.
Pay
$200,000‑$250,000 base + 15% target bonus.
Schedule
Hybrid – ideally 3‑4 days per week in Webster; flexibility for Boston and potentially remote for an exceptional candidate.