AVP, Property & Casualty Actuarial Modeling - Auto

As an AVP, you'll collaborate with Strategic Pricing, Enterprise Analytics, and other key partners. You'll be responsible for both actuarial and technical thought leadership in integrating data marts, data architecture, rating engines, as well as class plan execution and monitoring. We'll count on you to accelerate our foundational capabilities and drive strong business results. Our Property and Casualty (P&C) Actuarial team members have opportunities to use state-of-the-art tools, are encouraged to innovate, and learn to master actuarial methodologies. Reporting Relationships: Reports to VP; manages a team of 3 direct reports and 6 indirect reports. Working Conditions: Remote within the U.S.; travel to headquarters required on an as-needed basis. Overtime Eligibility: Not Eligible (Exempt).

Responsibilities

Provide actuarial & technical expertise and thought leadership to drive outcomes across several areas including integrating data marts, data architecture, rating engines, class plan execution & monitoring; Partner with Strategic Pricing, Enterprise Analytics, Data & Technology and outside consultants to deliver on strategic initiatives across multiple business lines; Oversee the development and maintenance of actuarial models and pricing tools; Ensure robust data analysis to support pricing decisions and risk assessments; Monitor and evaluate the effectiveness of pricing models and strategies; Develop and maintain a strategic roadmap for PL pricing, inclusive of initiatives to advance and automate analytic modeling and analysis; Create and implement strategy for accelerating solutions for critical business problems across multiple lines of business within Personal Lines; Lead a team focused on evolve state tuning and decisioning with Field Product Management; Stay informed about changes in insurance regulations and adjust pricing strategies accordingly; Support and lead special projects or ad hoc initiatives as needed; Oversee associate management including performance management, salary planning and administration, training and development, workflow and organization planning, day-to-day management, hiring and placement, and disciplinary actions; May perform other responsibilities as assigned

Requirements

Undergraduate studies in actuarial science, business, finance, mathematics, economics, or related field with strong quantitative orientation; Typically ten or more years related experience (pricing, actuarial, product); Proven ability to identify needs of the organization and develop a multi-year strategic plan; Demonstrated ability to collaborate across teams and influence to achieve goals; Ability to attract, hire and develop strong talent; Strong verbal and written communication skills, including the ability to build and defend a business case, provide executive level recommendations and reporting; Demonstrated ability to comprehend/explain actuarial concepts and other advanced technical concepts; Ability to assimilate information and make recommendations based on a combination of factors; Foundational knowledge of technology and actuarial data and tools

Nice to have

FCAS designation preferred; Five years prior management experience preferred; Advanced modeling experience preferred

Benefits

Medical/dental/vision; Life insurance; Short and long term disability coverage; Paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date; Nine paid holidays; 8 hours of Lifetime paid time off; 8 hours of Unity Day paid time off; 401(k) with company match; Company-paid pension plan; Business casual attire