Manager, Actuarial Pricing

  • 35921
  • Non-Life - Actuarial
  • |
  • California, United States
  • |
  • Sep 4, 2019
Insurance
RESPONSIBILITIES
  • Supervises and/or performs rate reviews for assigned states & products, including analysis of competitor prices, quantification of indicated price changes, and quantification of rate change impacts on existing and future customers
  • Coordinates pricing proposals among several departments within the company
  • Reviews and/or prepares rate filing submissions including all actuarial support
  • Ensures that rate levels are set at agreed upon levels
  • Assists in efforts to improve the segmentation and robustness of the product
  • Works closely with Product Management in the design and implementation of rate changes
  • Provides data analysis support to product management when needed
  • Develops and maintains competitor knowledge base, including staying abreast of competitor rate changes, strategies and profitability
  • Pursues professional development in the actuarial profession through rigorous self-study and successful completion of actuarial exams
  • Coaches and supervises assigned staff, consisting of actuarial analysts, in the performance of the above responsibilities. Develops analysts to assume greater roles in the organization
QUALIFICATIONS
  • Bachelors degree or higher in mathematics, actuarial science, or related field
  • 5+ CAS exams required. ACAS/FCAS desired
  • 4+ years of actuarial experience required
  • 4+ years of experience in property insurance pricing desired
  • Strong communication skills, people skills, and quantitative skills
  • 1+ years of supervisory/management experience
  • Working knowledge of VBA and SQL