AVP Insurance Pricing

Job Description:

  • Formulate pricing strategy in line with corporate objectives
  • Establish key profitability metrics and deliver performance summaries to senior leadership, including identification of trends and comparison of actual and expected results
  • Serve as expert on actuarial pricing work, providing clear explanations of methodologies and results
  • Accountable for the preparation of rate level indications and actuarial support for state filings in line with actuarial standards of practice, internal governance protocols, and state laws and regulations
  • Accountable for rate impact analysis that supports decision-making and rate testing that underlies accurate and efficient rate deployment
  • Work closely with Product & Design teams to inform the design of pricing data management and lead the design and maintenance of tools related to performance monitoring and deployment
  • Work closely with State Management to support data-driven state pricing decisions
  • Collaborate with data scientists and modelers to continuously improve rate segmentation and our understanding of the impact of rate changes
  • Advise Finance on profitability projections
  • Mentor and grow a high-performing team of pricing managers and analysts
  • Promote innovation in pricing data and methodologies, as well as continuous modernization of work products
  • Perform other duties as assigned
  • Conform with all company policies and procedures

Requirements:

  • Bachelor’s Degree or equivalent experience required
  • 8+ years of Actuarial or pricing experience within the property & casualty insurance industry, including at least 4 years in private passenger automobile pricing
  • 3+ years leading direct reports consisting of actuaries, pricing analysts and/or data scientists required
  • Associateship (ACAS) or fellowship (FCAS) with Casualty Actuarial Society required

Benefits:

  • Generous benefits package available on day one to include: 401K matching
  • bonding leave for new parents (12 weeks, 100% paid)
  • tuition assistance
  • training
  • GM employee auto discount
  • community service pay
  • nine company holidays
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