Job Closed

This listing is no longer active.

Pricing Actuarial Director

ActuaryActuaryOtherRemoteLeadTeam 1,001-5,000H1B No SponsorCompany SiteLinkedIn

Location

Arizona + 2 moreAll locations: Arizona | Illinois | New York

Posted

157 days ago

Salary

0

Seniority

Lead

Bachelor Degree7 yrs expEnglish

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)

Related Categories

Related Job Pages

More Actuary Jobs

Protective Life logo

Retail Product Actuary

Protective Life

We are on a mission to help more people achieve the sense of protection and security they deserve.

Actuary158 days ago
OtherRemoteTeam 1,001-5,000Since 1908H1B Sponsor

• lead the design and pricing of fixed and fixed-indexed annuities with Guaranteed Lifetime Withdrawal Benefits (GLWB) • support additional retail product initiatives • collaborate across actuarial, marketing, and distribution teams to ensure products meet market needs • deliver financial projections under Statutory and U.S. GAAP standards using MG-ALFA modeling software • partner with internal teams to secure risk approvals and support reinsurance arrangements

United States
$124.5K - $175K / year
Job Closed

Actuary, Model Validation

F&G - Fidelity & Guaranty Life Insurance Company

F&G - Fidelity & Guaranty Life Insurance Company is an annuities and life insurance provider in the United States. As an employer, the company is known for its

Actuary159 days ago

• Collaborating with various teams to understand required changes to Corporate AXIS models used for pricing, inforce management, ALM, and valuation purposes • Independently updating the Microsoft Excel validation tools to incorporate the necessary changes using model change management controls and efficient programming algorithms • Ensure validation tools are developed and maintained using efficient methods • Serving as the F&G expert on the Corporate AXIS model validation tools by providing technical support and relevant training to other actuarial users that are internal and/or external to the team • Developing and driving enhancements to create repeatable and scalable processes • Maintaining comprehensive documentation • Fostering a risk aware culture within the team • Lead and manage actuarial staff, ensuring team goals are met while developing and implementing development initiatives to enhance the skills and knowledge of actuarial staff. Fostering a collaborative and growth-oriented environment.

United States
Job Closed
OtherRemoteTeam 1,001-5,000H1B Sponsor

• Work with assigned business units and Finance to deliver profitable growth of the business line • Lead a staff managing the entire underwriting process for prospective clients • Analyze claims data and develop cost-of-care projections for existing customer renewals and new business opportunities • Interact with clients to resolve differences in projections and rate-setting methodology • Incorporate administrative cost projections and business unit profit objectives to develop final rates quoted to customer • Responsible for cost pricing, including evaluating data, building underwriting and evaluating profitability • Complete quarterly savings reporting to current clients and provide estimated savings for prospect clients • Review utilization, cost trends, and other assumptions used in pricing models • Evaluate cost impact of new product initiatives and propose rate structures to maximize profitability • Ensure appropriate underwriting policies and procedures are applied to new and existing business • Provide recommendations on product and customer rates to senior management and coordinate approval process • Manage team of pricing and reporting analysts. • Support a variety of projects from Business Unit and Corporate Finance. • Other duties as assigned.

United States
$127.3K - $229.1K / year
OtherRemoteTeam 10,001+Since 1856H1B Sponsor

• Analyzes the financial performance of ACA lines of business • Leads the rate development and filing efforts • Conducts competitive analysis, network analysis, risk adjustment, and trend analysis • Performs actuarial value analysis and rate adequacy reviews.

California + 2 moreAll locations: California | Oregon | Washington
$40.2K - $98.1K / year
Job Closed