Pricing Manager, Actuary

Pay

Pay Range: $150,000.00 - $200,000/yr

About the role

This position is responsible for managing the Pricing function and directs the work of junior and senior actuarial analysts. This position is a technical expert on pricing, monitoring underwriting results, and other actuarial valuation functions.

Responsibilities

• Performs analysis on profitability at a product and account level resulting in recommended actions to achieve company targets
• Works with Chief Insurance Officer in improving such methodology and quality of calculations by researching, developing and adopting most appropriate actuarial techniques for the company’s type of business
• Files and gains approval of rating structure and rate levels of all products
• Tracks the underwriting profitability of lines of business and accounts
• Advises Chief Insurance Officer when lines of business are performing poorly, identifying root causes and recommending strategies and tactics to improve performance
• Captures and analyzes data to identify trends and make recommendations for improvements
• Coordinates with Management Team, Sales, Product and Finance to respond to product, account and market trends
• Supports the budget and forecasting process as needed by assessing impacts of changing rate levels
• Directs staff to continuously refine methods and models to determine pricing and profitability more accurately
• Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculation in insurance and services
• Affixes and maintains a high performance team based culture through effective performance management, career development, communication and coaching of staff
• Manages all personnel activities of staff (i.e., hires, trains, rewards, motivates, disciplines, terminates, performance reviews, and pay discussions)

Requirements

• Four or more years related experience
• Two or more years in a leadership or management position
• Extensive knowledge concepts, practices and procedures in the field
• High School Diploma or Equivalent (GED) required
• Bachelor's degree (B. A.) from four-year college or university
• ACAS (Preferred)

Qualifications

• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Ability to manage multiple projects simultaneously
• Experience with actuarial software and tools
• Knowledge of insurance regulations and compliance
• Ability to work independently and as part of a team

Skills

• Actuarial science
• Financial modeling
• Statistical analysis
• Insurance underwriting
• Product development
• Project management
• Leadership and management

Benefits

• Generous employer contribution for health, dental, and vision insurance
• Paid maternity and paternity leave
• Employee education and professional development assistance program
• Passport To Perks includes discounts on travel insurance
• Employee Assistance Program (EAP)
• Company match on 401k
• Voluntary pet insurance
• Voluntary legal benefit
• Company paid short-term and long-term disability insurance
• Company paid life insurance
• Discounts on travel insurance
• Time off policies including vacation days, sick days, personal days, holidays and volunteer days (VTO)

Benefits

The Company is committed to providing equal employment opportunity in all our employment programs and decisions. Discrimination in employment on the basis of any classification protected under federal, state, or local law is a violation of our policy. Equal employment opportunity is provided to all employees and applicants for employment without regard age, race, color, religion, creed, sex, gender identity, gender expression, transgender status, pregnancy, childbirth, medical conditions related to pregnancy or childbirth, sexual orientation, national origin, ancestry, ethnicity, citizenship, genetic information, marital status, military status, HIV/AIDS status, mental or physical disability, use of a guide or support animal because of blindness, deafness, or physical handicap, or any other legally protected basis under applicable federal, state, or local law. This policy applies to all terms and conditions of employment, including, but not limited to, recruitment and hiring, classification, placement, promotion, termination, reductions in force, recall, transfer, leaves of absences, compensation, and training. Any employees with questions or concerns about equal employment opportunities in the workplace are encouraged to bring these issues to the attention of Human Resources. The Company will not allow any form of retaliation against individuals who raise issues of equal employment opportunity. All Company employees are responsible for complying with the Company’s Equal Opportunity Policy. Every employee is to treat all other employees equally and fairly. Violations of this policy may subject an employee to disciplinary action, up to and including termination of employment.

Contact Information

California Residents - Privacy Notice for California Residents Seeking Employment with Generali Global Assistance is available here: Privacy Notice

The Company is committed to providing equal employment opportunity in all our employment programs and decisions. Discrimination in employment on the basis of any classification protected under federal, state, or local law is a violation of our policy. Equal employment opportunity is provided to all employees and applicants for employment without regard age, race, color, religion, creed, sex, gender identity, gender expression, transgender status, pregnancy, childbirth, medical conditions related to pregnancy or childbirth, sexual orientation, national origin, ancestry, ethnicity, citizenship, genetic information, marital status, military status, HIV/AIDS status, mental or physical disability, use of a guide or support animal because of blindness, deafness, or physical handicap, or any other legally protected basis under applicable federal, state, or local law. This policy applies to all terms and conditions of employment, including, but not limited to, recruitment and hiring, classification, placement, promotion, termination, reductions in force, recall, transfer, leaves of absences, compensation, and training. Any employees with questions or concerns about equal employment opportunities in the workplace are encouraged to bring these issues to the attention of Human Resources. The Company will not allow any form of retaliation against individuals who raise issues of equal employment opportunity. All Company employees are responsible for complying with the Company’s Equal Opportunity Policy. Every employee is to treat all other employees equally and fairly. Violations of this policy may subject an employee to disciplinary action, up to and including termination of employment.