Actuary – Commercial Lines (Glastonbury, Morristown, Jersey City, or Remote)

Overview

The Commercial Lines Division is seeking an actuary with strong pricing expertise, with a focus on large-account, loss-sensitive Commercial Lines business. This role reports to the AVP leading Risk Management and Construction and partners closely with underwriters to evaluate and price complex new and renewal business.

Responsibilities

• Partner closely with underwriters to independently evaluate and price complex, large-account casualty risks, applying sound actuarial judgment to develop pricing recommendations
• Develop, maintain, and enhance loss rating models and analytical tools
• Monitor overall book pricing levels for accounts not referred to actuarial
• Help drive innovation by incorporating new technologies, data capabilities, and AI-enabled approaches into pricing tools and processes
• Collaborate with the broader actuarial team (approximately 10 actuaries in the Commercial and Financial Lines actuarial pricing team) to support shared objectives and continuous improvement

Requirements

• ACAS or FCAS designation
• Bachelor’s degree or equivalent experience
• 8+ years of Commercial P&C actuarial pricing experience
• Experience pricing large-account, loss-sensitive casualty programs, preferably including large deductible business across Workers Compensation, General Liability and Commercial Auto
• Strong actuarial judgment, including the ability to evaluate competing methodologies, navigate uncertainty, and develop practical, well-supported recommendations
• Strong analytical and problem-solving skills, intellectual curiosity, and adaptability
• Ability to work effectively independently and collaboratively in a fast-paced, business-facing environment
• Excellent verbal and written communication skills, including the ability to communicate technical concepts to nontechnical audiences
• Strong organizational skills, with the ability to manage competing priorities and meet deadlines consistently
• Proficiency in Microsoft Office products and SQL
• Commitment to compliance with all company policies and procedures

Preferred Qualifications

• None stated

Compensation & Benefits

• Competitive compensation package
• 401K employer match (generous)
• Employee Stock Purchase plan with employer matching
• Generous Paid Time Off
• Excellent benefits beyond health, dental & vision, focused on whole-family wellness including physical, mental, and financial wellbeing
• Tuition reimbursement, industry-related certifications, and professional training for ongoing development
• Potential discretionary equity (stock) based compensation and/or performance-based variable pay programs

Salary Range (California Residents Only)

For the advertised position located in the specified area, the annualized base pay ranges from $95,600.00 to $179,600.00. Actual compensation is determined by factors including market pay for comparable roles, responsibilities and skills required, and employee contribution (performance). Salary is considered within market range if it is at or above the minimum of the range.

Location

Remote role (as indicated by “#LI-REMOTE”).

Equal Employment Opportunity / Accommodations

The organization is committed to equal employment opportunity and welcomes applicants regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. If special accommodations are needed, applicants are encouraged to request them.