Senior Actuarial Consultant, Pricing (Small Business)

 

Job Summary
A Senior Actuarial Consultant, Pricing (Small Business) is needed to join a growing team. This role will focus on developing and recommending actuarial pricing and rating plans of a complex nature for the Small Commercial Business Owners' product. The consultant will provide insights and analysis for a nationwide book of business, influencing pricing decisions and long-term strategies. This position involves collaboration with business partners at all levels, as well as actuarial senior leaders, serving as a trusted advisor. Prior pricing experience is strongly preferred.

 

Responsibilities

• Provide actuarial guidance and collaborate with business partners and subject matter experts.
• Build strong relationships with peers, leaders, and stakeholders to influence product strategy through actionable insights and analytics.
• Deliver analyses and insights to support pricing strategy for Small Commercial Business Owners’ products, including developing or enhancing tools and analytics as needed.
• Proactively monitor profitability and claim trends, sharing results and recommendations with leaders and underwriting partners.
• Produce detailed actuarial analyses and reports, communicating findings to analytical staff and leadership.
• Stay current on actuarial practices, industry trends, and market developments.
• Drive innovation in actuarial processes while maintaining clear documentation of methods.
• Continuously improve processes and ensure accurate, transparent documentation.

 

Qualifications, Education, & Experience

• Bachelor’s degree in a relevant discipline or equivalent experience.
• Minimum of seven years of related actuarial work experience.
• ACAS or FCAS designation (ACAS required).
• Strong knowledge of insurance operations and actuarial/statistical concepts, preferably within a carrier environment.
• Advanced actuarial expertise and product-specific knowledge.
• Strong communication and influencing skills, with the ability to present analyses effectively at various organizational levels, including senior leadership.
• Excellent analytical, critical thinking, and problem-solving skills.
• Proven project management abilities with capacity to manage multiple priorities and lead teams.
• Sound decision-making skills within scope of authority.
• Ability to effectively manage through ambiguity, challenges, and change.

 

Compensation Package

• Salary range: $130K – $190K, plus bonus potential
• Comprehensive health benefits, 401(k) with company match, flexible PTO
• Opportunities for professional development and career growth

 

Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.

 

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