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Pricing Actuarial Director
Location
Arizona + 2 moreAll locations: Arizona | Illinois | New York
Posted
157 days ago
Salary
0
Seniority
Lead
Job Description
Pricing Actuarial Director
Independence Pet Group
• Increase sophistication of risk modeling to increase accuracy and minimize subsidization in pricing manual to fullest extent possible while balancing regulatory and business requirements. • Partner with business to develop full-stack lifetime values (LTV) and build a company wide KPI and reporting structure to operationalize LTV in decision making. • Influence design and oversee execution of exploratory data analysis to understand the relationship between data elements and insurance processes such as pricing, conversion, and retention. • Lead data and risk segmentation improvements including the use of external data. • Stay abreast of industry trends and advance capabilities to monitor for emerging insights. • Drive continuous improvement and innovation. • Support product and rate filing needs throughout the product/filing lifecycles. • Lead the advancement of competitive rating infrastructure, tools, and reports to inform market positioning. • Lead a small team of data scientists and/or actuaries to develop, maintain, and improve models for rating, conversion, and retention across a portfolio of products. • Communicate findings and recommendations to technical and non-technical audiences through reports, presentations, and visualizations. • Collaborate with actuarial, underwriting, and other stakeholders across the organization to accomplish goals and objectives.
Job Requirements
- Bachelor’s degree in Data Science, Statistics, Mathematics, Actuarial Science, or a related field
- Associate or Fellowship designation in the Casualty Actuary Society or Society of Actuaries.
- 7+ years of experience in the insurance industry, preferably in an actuarial or data science capacity.
- Experience in data manipulation and statistical analysis.
- Experience with prominent rating software used across the insurance industry (i.e., Radar, Emblem, Earnix)
- Strong oral and written communication skills.
- Excellent problem-solving skills, critical thinking abilities, and attention to detail.
- Prior people management experience preferred
Benefits
- Comprehensive full medical, dental and vision Insurance
- Basic Life Insurance at no cost to the employee
- Company paid short-term and long-term disability
- 12 weeks of 100% paid Parental Leave
- Health Savings Account (HSA)
- Flexible Spending Accounts (FSA)
- Retirement savings plan
- Personal Paid Time Off
- Paid holidays and company-wide Wellness Day off
- Paid time off to volunteer at nonprofit organizations
- Pet friendly office environment
- Commuter Benefits
- Group Pet Insurance
- On the job training and skills development
- Employee Assistance Program (EAP)
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