Actuarial Pricing Manager
Key Skills for This Role
Full Job Posting
Responsibilities
- Develop and execute pricing strategies that support business objectives, optimize profitability, and comply with applicable regulatory requirements.
- Lead rate indication development, incorporating loss trend analysis, exposure projections, and profitability objectives to inform pricing decisions.
- Monitor portfolio performance and proactively identify opportunities for pricing optimization and targeted corrective actions.
- Lead the design, development, implementation, and ongoing enhancement of actuarial pricing models.
- Collaborate with Underwriting, Product, Distribution, Claims and other cross-functional partners to support product development and strategic pricing initiatives.
- Communicate analytical findings, pricing strategies, and recommendations clearly and effectively to senior leadership and key stakeholders.
- Lead and support rate filings including the preparation of supporting documentation and responses to regulatory inquiries.
- Lead, mentor, and develop actuarial analysts and senior analysts, fostering technical excellence and professional growth.
- Cultivate a collaborative, inclusive and high-performance team environment that encourages innovation, accountability and continuous improvement.
Qualifications
- Bachelor’s degree in actuarial science, mathematics, statistics, finance, or related field; or an equivalent combination of education and experience
- Six or more years of actuarial experience, with a strong focus on pricing; experience in property and casualty with an Associate of the Casualty Actuarial Society (ACAS) or a Fellow of the Casualty Actuarial Society (FCAS)
- Skill in leadership and stakeholder management, with the ability to build strong relationships and influence outcomes across the organization
- Proficiency in actuarial modeling tools, programming languages, and analytical platforms, including SQL, Python, R, SAS, and Excel
- Experience with predictive modeling, advanced analytics, and data visualization tools such as Tableau and Power BI
- Skill in problem solving, analysis, communications and presentations with the ability to clearly articulate findings and recommendations to both technical and non-technical audiences
- Ability to collaborate effectively in cross-functional, dynamic and fast-paced environments while managing competing priorities and delivering high-quality results
- Proficiency in Microsoft Office Suite and function-specific actuarial, analytical, and business software applications
Let’s talk benefits!
- Competitive Salary
- Bonus Structure
- Profit Sharing
- Medical, Dental, Vision Insurance
- Employer Paid Short Term Disability
- Employer Paid Long Term Disability
- Employer Paid Life Insurance
- Voluntary Life Insurance
- 401K with Company Match
- PTO
About Builders
Builders is a mid-sized mutual with remarkable strengths. Rated A by AM Best, Builders has forged rock-solid financial strength and a reputation for reliability and fairness in fulfilling our promises to customers. Kind, collaborative, and customer-centric, our experienced and passionate teams foster a rewarding atmosphere of excellence, trust, and mutual respect, meriting the “Culture Excellence” honors from Top Workplaces. Flexible and highly personal, our experts leverage deeply supportive partnerships with knowledgeable independent agencies to drive better services and protection for policyholders.
Our financial excellence, amazing people, and powerful partnerships build outstanding outcomes and peace of mind for our agents and their clients. This is what we mean by Insurance Built Strong®.
Builders Insurance Group is an Equal Opportunity Employer. We welcome applicants from all walks of life and don't discriminate based on any protected status. Join us in creating a diverse and inclusive workplace!
About Builders Insurance Group
RIBA-owned independent insurance agency serving contractors, businesses, and families across Rhode Island and New England.
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