Pricing Actuary

The Pricing Actuary will be dedicated to modeling and pricing renewal and new business policies for
the Verita team. The Pricing Actuary will develop and use complex financial models in order to
consistently deliver profitable results and sustain the long term strategic direction of the team. This
role reports into the Chief Actuary

• Enhances, reviews, and monitors pricing models used throughout the group to ensure they reflect the highest standards and provides consistent indications across all lines of business.
• Works integrally with underwriting team on deals and participates in meetings with brokers and clients.
• Prices complex programs as needed.
• Drives pricing decisions based on advanced risk pricing tools and legal/macro trend analyses.
• Liaises with Underwriting, Claims & Loss Control team and the Chief Actuary to ensure that pricing analysis reflects all relevant and applicable information.
• Works closely with Catastrophe Modelling team to price concentration accounts.
• Assists pricing studies that monitor the profitability of products. The individual will have accountability for the gross/net profitability of lines of business and industry segment.
• Monthly tracking/reporting on key actuarial metrics across all lines of business (Rate change,rate change trends, loss trends, etc.)
• Handles numerous data and report requests relating to regulatory, rating agency and financial reporting needs.
• Communicates results, analysis, and recommendations in a manner that is understandable and most importantly, allows management to make operational changes where necessary.
• Assists with the production of actuarial reserve reports that comply with actuarial standards of practice.
• Provides data and information to third party actuaries and auditors and works with the Chief
• Actuary to respond to questions related to the information provided.
• Provides subject matter and functional expertise to internal/external stakeholders for their assigned area of responsibility.
• Develops/maintains key reports and dashboards to support proactive claims monitoring and loss control initiatives.
• Works with Product teams to support underwriting initiatives.
  

• Undergraduate or advanced degree preferred
• Must have minimum of 5 years of actuarial experience in the property and casualty space.
• A demonstrated track record of consistently exceeding performance expectations
• Strong analytical and problem solving skills
• Well organized and able to meet deadlines
• Proficiency in Microsoft Office Suite (Excel, Word and PowerPoint)
• Excellent communication (both written and verbal) skills
• Comfortable working in a team setting or independently

Equal Opportunity Employer