Overview
This role is open for remote work across US hub locations including Chicago, Atlanta, Texas, and California, or hybrid work in New York and Walnut Creek offices. The organization is seeking an experienced Pricing Actuary to join the Pricing & Analytics team. Reporting to the Head of Pricing and Analytics, this position is key to supporting business growth and profitability through the design and implementation of robust pricing solutions.
Responsibilities
- Develop and maintain pricing frameworks and methodologies across the US product portfolio, including setting technical prices and contributing to suggested pricing.
- Collaborate with Pricing Operations on testing, implementation, documentation, and maintenance of pricing tools, ensuring alignment with approved rate filings.
- Ensure all admitted rate filings are actuarially sound, compliant, and defensible, meeting state-specific regulatory requirements, actuarial standards of practice (ASOPs), and internal policies.
- Provide actuarial support for market conduct reviews and audits, clearly explaining pricing methodologies, data sources, and controls.
- Stay current with US insurance regulatory developments and emerging Department of Insurance expectations.
- Work cross-functionally with underwriting, claims, product, and IT teams to identify emerging risks and claims trends and incorporate these into pricing tools.
- Conduct detailed pricing and portfolio analyses to review rating structures, assumptions, and experience, enhancing risk selection and long-term profitability.
- Develop and monitor KPIs to support portfolio optimization and strategic decision-making.
- Support risk appetite and risk tolerance setting in line with the business plan.
- Contribute to pricing analysis for portfolio transfers and new product development.
- Coach and train junior team members and wider stakeholders on pricing theory and best practices.
Requirements
- Fellow of the Casualty Actuarial Society (FCAS).
- Demonstrable, in-depth experience in admitted and Excess & Surplus (E&S) pricing within a commercial insurer, broker, or Managing General Agent (MGA), with particular focus on Cyber, Property & Casualty (P&C), and Errors & Omissions (E&O) lines.
- Strong knowledge of US insurance regulation, admitted rate filings, and actuarial standards of practice.
- Proven experience working closely with underwriters and senior internal and external stakeholders.
- Excellent analytical, quantitative, and data-modelling skills with a strong commercial mindset.
- Strong IT skills, including advanced Excel and SQL; proficiency in Python, R, or other programming languages is desirable.
Location
- Remote across US hubs: Chicago, Atlanta, Texas, California
- Hybrid in New York and Walnut Creek offices