Job Description
The Director, Property & Casualty Actuarial Pricing and Modeling
Job Summary
The Director, Property & Casualty Actuarial Pricing and Modeling will lead the development, implementation, and enhancement of pricing strategies, actuarial models, and analytical tools to support profitable growth across the company’s P&C product lines. This role will oversee a team of actuaries and analysts, partner with underwriting and product teams, and provide strategic insight to senior leadership on market trends, portfolio performance, and risk assessment.
COMPENSATION :
- 170,000 - $200,000 / year
- Competitive compensation, bonus opportunities, and comprehensive benefits package.
RESPONSIBILITIES :
Direct the design, development, and refinement of pricing models for all P&C products.Oversee competitive analysis and recommend pricing strategies to maintain market competitiveness while achieving profitability targets.Develop predictive models, segmentation analyses, and other advanced analytics to assess risk and improve pricing accuracy.Ensure actuarial methodologies and assumptions align with corporate objectives and industry best practices.Partner with underwriting, product management, claims, and finance to support data-driven decision-making.Present findings and recommendations to senior leadership and contribute to strategic planning initiatives.Lead, mentor, and develop a team of actuaries and data analysts.Foster a culture of innovation, collaboration, and continuous learning within the actuarial department.REQUIREMENTS :
Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field; advanced degree preferred.ACAS or FCAS designation required.10+ years of P&C actuarial experience, with at least 5 years in a leadership role focused on pricing and modeling.Strong understanding of personal and / or commercial lines insurance products, rate-making methodologies, and regulatory requirements.Proficiency in statistical modeling tools and programming languages (e.g., R, Python, SQL, SAS, Emblem, Radar).Exceptional analytical, problem-solving, and strategic thinking skills.Proven ability to lead teams, manage complex projects, and communicate effectively to both technical and non-technical audiences.LI-MW1