Ratemaking Actuary

Summary

Join NEXT, a revolutionary small business insurance provider, and become a key member of our growing team. As a skilled and entrepreneurial actuary, you will manage and refine rate indications across multiple lines of business, ensuring pricing adequacy and profitability. Leverage your expertise to develop actionable insights and guide key pricing decisions impacting General Liability, Workers' Compensation, Commercial Property, and other lines. You will play a crucial role in shaping our business success by providing data-driven recommendations to senior management and collaborating with cross-functional teams. This position offers the opportunity to drive strategic outcomes and develop efficient, scalable processes. NEXT offers a competitive salary, equity incentive program, and comprehensive benefits package.

Requirements

• FCAS (preferred) / ACAS credentials mandatory
• 6+ years of actuarial experience; ideally in commercial insurance pricing
• Accountability and pride in own work product - instill confidence in leadership
• Communication and collaboration - work effectively with cross functional partners
• Gritty, self-driven personality - embrace challenges and are excited about unexplored possibilities
• Intellectual curiosity - dig deep and solve complex business problems
• Leadership mindset - identify business needs and drive solutions to meet them
• 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

Preferred Qualifications

FCAS credentials

Benefits

• Partially subsidized medical plan
• Fully subsidized vision/dental options
• Life insurance
• Disability insurance
• 401(k)
• Flexible paid time off
• Parental leave
• Equity incentive program