VP, Head of Actuarial Pricing
Location
Morristown, NJ | United States
Job description
It's fun to work in a company where people truly BELIEVE in what they're doing!
We're committed to bringing passion and customer focus to the business.
Coaction is seeking an experienced actuary to lead its Pricing team within the Actuarial Department. The VP, Head of Actuarial Pricing will serve as a key member of Coaction's Actuarial Team, providing insightful projections of profitability and rate adequacy and managing/developing up-and-coming actuarial talent. As VP, Head of Actuarial Pricing at Coaction, you will draw upon your strong technical actuarial and problem-solving skills to solve our insureds' unique and complex problems.
Responsibilities - Responsible for ensuring overall price adequacy for all lines of business and subverticals
- Responsible for pricing individual accounts/programs
- Responsible for implementation and maintenance of consistent pricing practices across organization
- Perform periodic profitability reviews for all business ensuring appropriate pricing methodologies and procedures are used and results are accurate and timely
- Explain profitability and pricing analyses to Senior Management and business leaders
- Evaluate pricing trends to offer suggestions to continually improve underwriting performance
- Assist with development of rating tools
- Assist with rate filing support
- Build relationships with Underwriting, Operations, Claims, IT, and Finance to integrate pricing practices into daily workflows
Qualifications - 15+ years of property and casualty actuarial experience
- 10+ years of pricing experience covering admitted and non-admitted products, including individual account pricing
- FCAS designation required
- Strong analytical skills
- Able to translate and communicate the results of the actuarial analyses in a manner appropriate for the audience
- Able to direct the work of actuaries in the extraction and organization of data and execution of actuarial analyses
- Excellent organizational and time management skills
- Effective oral and written communication skills
- Embrace new challenges and develop innovative solutions to problems
- Able to manage multiple projects and bring them to conclusion
Equal Opportunity Employer Coaction is an Equal Employment Opportunity employer. Coaction's policy is not to discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, gender identity or expression, marital status, mental or physical disability, and genetic information, or any other basis protected by applicable law. Coaction also prohibits harassment of applicants or employees based on any of these protected categories.
Job tags
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