Manager Actuarial Pricing

About the role

Porch Group is a leading vertical software and insurance platform positioned to be the best partner to help homebuyers move, maintain, and fully protect their homes. We offer differentiated products and services, with homeowners insurance at the center of this relationship. As Manager, Actuarial Pricing, you will be responsible for pricing our personal lines insurance products, applying accepted actuarial standards, methodologies, and industry knowledge to develop pricing and product strategies that support our business goals. Reporting directly to the Chief Actuary, you will bring strong analytical aptitude to a fast-moving, dynamic team at Homeowners of America, a provider of personal lines insurance products.

Responsibilities

• Conduct reviews of rates, analyzing profit and loss results, past and current trends, and projecting underwriting losses.
• Complete detailed analyses, make recommendations, and prepare rate package proposals for executive management review.
• Support the development and design of new products and programs.
• Prepare rate filing materials, exhibits, rate manual pages, and other data analyses promptly and accurately for use in filing rate and product changes.
• Develop competitive intelligence reporting to compare and contrast operations and results, including compiling competitor rates and overall market pricing levels by product.
• Develop and analyze reports.
• Pursue continued professional development in actuarial science.

Requirements

• ACAS required; FCAS preferred.
• 5+ years of relevant work experience.
• Management or project lead experience.
• Bachelor's degree in a related field.
• High level of proficiency with Microsoft Office products.
• Experience using Python and other analytical tools to support pricing, reporting, and decision-making; experience with predictive modeling, data visualization, or process automation is a plus.
• Experience with SQL database language.
• Experience with personal lines property and casualty insurance.

At this time, Porch Group does not consider applicants from the following states for remote positions: Alaska, Arkansas, Delaware, Hawaii, Iowa, Maine, Mississippi, Montana, New Hampshire, and West Virginia.

Benefits

• Comprehensive healthcare benefits including three Medical plan options, two Dental plan options, and a Vision plan.
• Voluntary Critical Illness, Hospital Indemnity, and Accident plans.
• Pre-tax savings options including a partially employer-funded Health Savings Account and employee Flexible Savings Accounts (healthcare, dependent care, and transportation).
• Company-paid Basic Life and AD&D, Short and Long-Term Disability benefits.
• Voluntary Life and AD&D plans.
• Traditional and Roth 401(k) plans with a discretionary employer match.
• Employer-paid wellbeing programs including Headspace (guided meditation, mindfulness exercises, mental health coaching, clinical care, and online resources) and Brio Health (quarterly wellness challenges and prizes).
• Free LifeBalance resource for discounts on gym memberships, travel, appliances, movies, pet insurance, and more.
• Flexible paid vacation, typically nine company-paid holidays per year, paid sick time, and paid parental leave.
• Identity theft program, travel assistance, and fitness and other discounts programs.

Pay

Pay Range: $138,800 – $185,000 Annually. Actual pay will reflect factors such as work experience, skillsets, job-related knowledge, alignment with market and Porch employees, and geographic location. Additionally, you will be eligible to receive long-term incentive awards, subject to program guidelines and approvals.