Remote Pricing Actuary

Summary

Join INSHUR as a Pricing Actuary in New York City, Westlake, CA, or Dallas, TX. This role involves developing pricing models, analyzing risk, and collaborating with underwriting and product development teams to ensure competitive and sustainable insurance products. You'll work on strategic pricing models, data-driven insights, cross-functional alignment, performance monitoring, executive-level pricing reports, industry intelligence, and regulatory compliance.

Requirements

• Specialized Experience in Insurance Lines: Experience in pricing Commercial Auto or Fleet
• Strong Academic Foundation in Quantitative Fields: Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field
• Advanced Actuarial Certification and Expertise: Associate or Fellow of the Society of Actuaries (ASA or FSA), or an equivalent actuarial designation
• Proficiency in Actuarial Tools and Software: Skilled in actuarial software and tools (e.g., Excel, R, Python, SAS, or similar)
• Sharp Analytical and Problem-Solving Abilities: Strong analytical and problem-solving skills with a keen attention to detail
• Clear and Effective Communication of Complex Concepts: Excellent communication skills, both written and verbal, to present complex actuarial concepts to non-technical audiences
• Adaptability in Independent and Collaborative Work: Ability to work independently and within cross-functional teams
• Understanding of Insurance Regulations and Compliance: Familiarity with insurance regulations and pricing compliance requirements

Responsibilities

• Develop and refine pricing models to assess risk and profitability for various insurance products (e.g., Commercial Auto, Taxi/Livery, Ride/Car Share, Fleet)
• Analyze large datasets to identify trends and make recommendations on pricing strategies
• Collaborate with underwriting, product development, and finance teams to align pricing strategies with business goals
• Monitor and analyze the performance of existing products, making adjustments to pricing models as needed
• Prepare pricing reports and presentations for senior management and stakeholders
• Stay updated on industry trends, regulatory changes, and emerging risks to inform pricing decisions
• Support the development and filing of rate changes with regulatory bodies

Preferred Qualifications

• Predictive Modeling and Machine Learning Expertise: Proficiency in predictive modeling and machine learning techniques
• Data Management Proficiency with SQL: Familiarity with SQL or other data management tools

Benefits

• 25 days of holiday (+5 days after 5 years), 5 sick days and 8 federal holidays
• Medical, dental and vision health insurance plans
• Life insurance, short-term, and long-term disability benefits
• 13 weeks fully paid parental leave for all new parents, regardless of your gender
• 401(k) with 4% company match
• Commuter Benefits
• Flexible working hours to fit your lifestyle
• $650 annual training allowance & learning opportunities
• $50 monthly wellbeing and home setup allowance
• 24/7 Employee Assistance Program and mental health benefits