Actuary / Senior Actuary (Pricing)

TL;DR

Senior Actuary (Pricing): Developing and leading pricing models for new professional & general liability products with an accent on risk assessment, data-driven decisions, and product implementation. Focus on quantifying and managing risk related KPIs, adjusting pricing for profitable growth, and translating complex actuarial analysis into actionable strategies.

Location: Onsite in Chicago, Illinois, United States

Salary: $150,000–$185,000 per year

Company

hirify.global is the world’s first InsurSec provider combining industry-leading insurance with world-class cybersecurity technology to help businesses tackle cyber risk head on.

What you will do

• Lead the development of pricing models for new professional & general liability products.
• Work cross-functionally with Insurance & Tech Product, Underwriting, Claims, and Decision Engine teams on product implementation.
• Drive hirify.global’s professional lines product related initiatives and lead pricing projects from inception to implementation.
• Utilize existing rate plans, raters, and forecasting tools to analyze product performance and recommend actions.
• Propose and implement changes to Cyber and Tech E&O rate plans, rating rules, and business logic.
• Coach individuals and managers to understand actuarial analytics, Cyber pricing, and risk.

Requirements

• Experience analyzing profitability of developing personal and/or commercial lines products.
• Evaluated the profitability of a portfolio of insureds using actuarial techniques and presented results to senior leaders.
• Led pricing projects from end to end, collaborating and communicating cross-functionally.
• Achieved ACAS or FCAS designation.
• Proficiency with Excel and SQL, and experience with Python and/or R.
• Created and presented actuarial insights and recommendations to senior leadership.

Culture & Benefits

• Join a growing team of actuaries and actuarial analysts of diverse backgrounds.
• Leverage technology to improve efficiency and minimize duplicative work.
• Support key business decisions with data-backed insights and a deep understanding of insurance risk.