Vice President of Actuarial Services
About the role
Olympus Insurance Company is seeking a Vice President of Actuarial Services to lead the company’s actuarial strategy, analytics, and long-term financial performance. This role serves as the company’s senior actuarial leader, partnering closely with executive leadership and the Board to support data-driven decision-making.
Responsibilities
- Serve as the company’s actuarial authority, including issuing the Statement of Actuarial Opinion (SAO)
- Lead actuarial strategy related to pricing, reserving, predictive modeling, analytics, and risk management
- Develop forecasts for premiums, exposures, insured values, and losses to support reinsurance and business planning
- Oversee ratemaking, reserving, catastrophe exposure analysis, and profitability monitoring
- Partner with executive leadership, the CEO, and the Board to provide strategic actuarial insights and recommendations
- Support the development and management of Olympus’ reinsurance program
- Lead and mentor actuarial leadership and staff while supporting succession planning and professional development
- Collaborate with regulators, brokers, reinsurers, vendors, and external partners on actuarial matters
- Ensure compliance with actuarial standards, regulatory requirements, and internal controls
- Evaluate and implement advanced analytics, machine learning, and AI-driven solutions to improve business insight and operational efficiency
- Stay current on industry trends, Florida market conditions, catastrophe modeling, and regulatory developments
Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, or related field
- FCAS designation required (ACAS candidates nearing FCAS and qualified to sign the SAO may be considered)
- 10+ years of Property & Casualty actuarial experience
- 3+ years of leadership or management experience
- Deep expertise in pricing, reserving, reinsurance, catastrophe risk, and predictive modeling
- Strong understanding of Florida residential homeowners insurance preferred
- Experience supporting regulatory filings and working with FLOIR preferred
- Advanced SQL and strong technical programming skills (Python, R, or similar)
- Experience with Power BI, Tableau, catastrophe modeling platforms, or GIS tools preferred
Qualifications
- Exceptional leadership, communication, and strategic thinking skills
- Ability to translate complex actuarial concepts into clear business recommendations for executive leadership and Boards of Directors
Benefits
We offer a comprehensive total rewards package, including:
- Employer-sponsored medical, dental, and vision plans
- Company-paid life insurance, short-term disability, and long-term disability
- 401(k) with company match
- Paid Time Off to include annual PTO, Holidays, Floating Holidays, and Volunteer Time Off
- Education Assistance Program and ongoing professional development opportunities
- Wellness Lunch N Learns
- Employee perks such as pet insurance, discount programs, and a welcoming office environment
Pay
The salary range for this role is $150,000 - $200,000 annually, commensurate with experience.
Schedule
This role is currently remote but will transition to an on-site position in Jacksonville, Florida.
Skills
Key skills required for this role include:
- Actuarial knowledge and experience
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Ability to work collaboratively with cross-functional teams
- Proficiency in SQL and technical programming languages
- Knowledge of actuarial standards and regulatory requirements
Benefits
We offer a comprehensive benefits package, including:
- Employer-sponsored medical, dental, and vision plans
- Company-paid life insurance, short-term disability, and long-term disability
- 401(k) with company match
- Paid Time Off to include annual PTO, Holidays, Floating Holidays, and Volunteer Time Off
- Education Assistance Program and ongoing professional development opportunities
- Wellness Lunch N Learns
- Employee perks such as pet insurance, discount programs, and a welcoming office environment
Apply for this Position
To apply for this position, please submit your resume and cover letter detailing your qualifications and experience.