Job Details

The Director, Actuarial and State Pricing is an analytic leadership role that is responsible for the implementation of a variety of actuarial/statistical techniques and analyses which may include reserving, rate making, pricing, planning/forecasting, CAT management, project management and research. This role is expected to execute strategic and operational initiatives, lead and drive work within the State Pricing organization, provide analytical insights and recommendations to leadership and business partners, and share ownership of the business's financial results. The Director of State Pricing will work within broad limits and authority on complex assignments requiring specialized knowledge and expertise in breadth and/or depth in the areas of rate making, indication development, pricing model and statistical analysis.

Key Responsibilities

• Lead the State Pricing team and provide advanced actuarial support for Openly’s insurance products
• Provide leadership, vision, and direction to drive pricing decisions including the advancement and execution of pricing tools and trend analyses
• Work closely and cross-functionally with the insurance product management team which has responsibility for implementation and management of insurance products
• Development of pricing related to new products and coverages, including new products with limited or no historical experience, performance monitoring, and trend analysis
• Work with the Leadership Team and the Finance Team, to play a key role in the production of the financial and operational plan
• Propose and introduce changes or improvements that promote profitability and growth and take an active role in the implementation of these changes including justification to state regulators and reinsurers
• Communicate results analysis, and recommendations in a manner that is understandable and allows management to make operational changes where necessary with efficacy
• Provide strategic and operational planning advice including monthly and quarterly reporting and assessment of profit and financial performance
• Develop filings for regulators
• Develop materials / reports for insurance and reinsurers and regulators

#LI-DNI #LI-DNP

Requirements

• Bachelor’s Degree
• FCAS required
• 10-12 years insurance P&C experience with increasing responsibility and leadership
• At least 6 years’ experience in personal lines, homeowners experience preferred
• 5+ years of people management experience preferred
• Significant experience with modeling techniques, rate making/rate development of new and existing insurance programs
• Experience working with external insurance product stakeholders, including regulators, reinsurers,
• Proactive individual who challenges existing processes, can influence others and drive a process to conclusions while meeting critical deadlines
• Independent thinker as well as challenger/advocate ensuring soundness of pricing and underwriting
• Track record of strong decision-making skills and successfully delivering results in a fast-paced environment
• Excellent people and project management skills, with the ability to communicate and collaborate effectively with people at all levels of the company
• Ability to effectively manage multiple projects, prioritizing high impact ones
• Ability to make decisions quickly and decisively, thinking and acting strategically, planning for the long-term while balancing short-term needs of the organization
• Exceptional written and oral communication skills
• Exceptional analytical and critical thinking skills with superior attention to detail
• A passion for leadership, coaching, and developing talent