Actuarial Pricing Manager

  • 34996
  • Non-Life - Actuarial
  • |
  • Missouri, United States
  • |
  • Mar 29, 2019
Insurance
RESPONSIBILITIES
  • Perform the management duties including performance reviews, recruiting & interviewing, holding regular meetings, providing coaching, mentoring and consistent feedback and ultimately training and developing the team.
  • Provide leadership and prioritization for the personal lines pricing team utilizing a 90-day plan and leading regular planning meetings with the team to ensure there is clear direction and the team’s priorities and resources are appropriately aligned with the corporate objectives.
  • Provide oversight of the G&P process including a review of the pricing proposals and filings and participation in the G&P process when needed.
  • Provide reports, analysis and insights regarding the growth and profitability, specifically the rate adequacy of the lines of business. Reports will include but not limited to a monthly pricing report, update and maintenance of the rate history data base, completion of trend analysis and eventually a price monitoring report.
  • Perform regular reviews of the key pricing factors utilized in the pricing process including loss development and trend as well as monitoring key metrics such as the frequency, severity and loss ratio trends.
  • Develop, maintain and execute a continuous improvement plan focused on improving process, tools, procedures and the technical capabilities of the actuarial personal lines pricing team.
  • Participate and lead special projects and individual rate changes as deemed necessary.
  • Participate in leadership, planning, line of business and senior management meetings as necessary.
  • Ensure all ERM risk limits and SOX pricing controls are monitored and met.
  • Develop and maintain a high level of marketing, industry and product knowledge for the specific line of business.
QUALIFICATIONS
  • A Bachelor's or higher degree in math or related field.
  • An Associate of the Casualty Actuarial Society required.
  • Minimum 5 years of specific property and casualty pricing experience, with an emphasis on personal lines pricing.
  • Ability to use MS Excel, MS Access, SAS and other in house systems.
  • Ability to demonstrate resourcefulness in the analysis of data to answer questions and provide insight to company performance.
  • Strong organizational and time management skills and able to work in a deadline-oriented environment.
  • Strong analytical and problem solving skills.
  • Excellent written and verbal communication skills
  • Able to maintain good working relationships with internal and external resources.
  • Able to perform and manage complex tasks independently.
  • Detail oriented and focused on quality.