Remote Pricing Actuary

Summary

Join INSHUR as a Pricing Actuary in a remote US-based role with opportunities for growth and collaboration. You'll work on re-inventing insurance in exciting markets across multiple territories, developing pricing models, analyzing risk, and collaborating with underwriting and product development teams.

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