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Ratemaking Actuary

Posted about 1 month agoViewed

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💎 Seniority level: Senior, 6+ years

📍 Location: United States

💸 Salary: 135000.0 - 170000.0 USD per year

🔍 Industry: Insurance

🏢 Company: Next Insurance👥 501-1000💰 $265,000,000 Series F over 1 year ago🫂 Last layoff over 2 years agoFinanceInsurTechInsuranceSmall and Medium BusinessesCommercial Insurance

🗣️ Languages: English

⏳ Experience: 6+ years

🪄 Skills: PythonSQLData AnalysisTableauRDBMSRisk ManagementData visualizationFinancial analysis

Requirements:
  • FCAS (preferred) / ACAS credentials mandatory
  • 6+ years of actuarial experience; ideally in commercial insurance pricing
  • Expertise with some or all of the following software: Tableau, SQL, Python, MS Office, Google Suite
Responsibilities:
  • Be the subject matter expert at Next on rate indications and pricing strategies for multiple lines of business, ensuring pricing adequacy and profitability
  • Evaluate loss trends, frequency, and severity across lines of business to provide actionable recommendations to leadership.
  • Conduct competitor and market research to guide strategic pricing decisions and maintain competitive positioning.
  • Provide senior management with clear, data-driven recommendations on pricing adequacy, loss ratios, and emerging trends.
  • Provide ad hoc support to other business partners, including but not limited to reinsurance, finance, distribution, claims, and growth teams.
  • Develop high-quality, efficient processes that can adapt and scale to meet evolving business needs.
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