Pricing Actuary

Key Responsibilities

• Aid senior actuaries in reviewing new program opportunities.
• Identify profitable growth areas and underperforming segments for adjustment.
• Collaborate with the CAT modeling and reinsurance team to evaluate and address high PML segments.
• Present findings and recommendations to various stakeholders, including senior actuarial management, underwriting teams, compliance officers, external MGA partners, and regulators.
• Regularly provide rate indications for all states and programs using standard actuarial methods.
• Recommend rate actions focusing on profitability while considering market conditions and regulatory constraints.
• Research peer company filings and develop adequate rates where necessary data is unavailable.
• Prepare rate filing analyses and exhibits, ensuring alignment with state-specific requirements and filing checklists.
• Address Department of Insurance objections strategically, promptly, and effectively.
• Coordinate with compliance to ensure timely filing submissions.
• Support additional initiatives, such as reserve reviews for assigned segments and data calls.

Qualifications

• 5+ years of experience.
• Completed 5+ actuarial exams, with a commitment to pursuing CAS designation; other insurance designations (CPCU, ARe, etc.) are a plus.
• Proficiency in MS Excel.
• Knowledge of SQL, Python, or other programming languages is preferred.
• A proactive, creative approach to problem-solving.
• Exceptional interpersonal skills, able to communicate complex results to diverse audiences.
• Strong organizational and prioritization skills.
• Ability to think creatively, highly-driven, and self-motivated.
• Familiarity with MGA business is a plus.

Pay

$140,000 – $160,000 base salary, commensurate with experience.

Benefits

Full benefit package including medical, dental, life, vision, company-paid short/long-term disability, 401(k), tuition assistance, and more.