Pricing Manager - Property Insurance

Overview

A reciprocal insurer established in 2020 to serve homeowners in storm-prone regions of Florida and other parts of the country is seeking a Pricing Actuary to join their growing product and pricing team. The organization recently secured over $1.25 billion in committed capital, enabling expansion of homeowners insurance product offerings and geographic footprint nationally. This role offers the opportunity to work in a fast-moving, start-up environment focused on building innovative insurance products.

Responsibilities

• Lead rating plan development for new state product launches, including preparation of rate filings and supporting documentation to obtain timely approval from Departments of Insurance (DOI).
• Oversee rate review processes for existing states by analyzing performance, identifying opportunities for enhancement, and incorporating competitive intelligence.
• Develop and present rate change recommendations to Product Management and senior leadership.
• Collaborate with Product Management to implement rate revisions and ensure successful regulatory approval.
• Monitor industry trends, regulatory developments, and advancements in homeowners insurance pricing methodologies to identify strategic business opportunities.
• Perform ad hoc actuarial analyses to support business decisions.
• Mentor and develop junior actuarial analysts by providing guidance, training, and technical oversight.

Requirements

• Deep understanding of homeowners insurance products, including rating structures, underwriting practices, and state-specific regulatory requirements. Experience with California homeowners insurance is a plus.
• Strong expertise in catastrophe modeling, reinsurance structures, and their impact on pricing.
• Demonstrated analytical and quantitative skills with a proactive and critical-thinking approach.
• Ability to work independently, lead projects, and solve complex problems while exercising sound judgment regarding escalation.
• Excellent communication and collaboration skills to effectively partner across cross-functional teams.
• Advanced proficiency in VBA, SQL, Python, or R.
• Minimum of 7 years of actuarial experience, preferably in homeowners ratemaking and product support.
• Prior people management experience is a plus.
• Associate or Fellow of the Casualty Actuarial Society (ACAS or FCAS).

Compensation & Benefits

Details on compensation and benefits were not provided.

Location

This is a remote position with optional opportunities to collaborate and work in office environments located in Boston, MA, or St Petersburg, FL.