Actuary Pricing Director
6 days ago
Selby Jennings, a leading recruitment agency for insurance professionals, is seeking an experienced Actuary Pricing Director to join their team and drive strategic pricing initiatives that support profitable growth and sustainability.
Job SummaryWe are looking for a seasoned actuary with a Fellow of the Society of Actuaries (FSA) designation who thrives in a collaborative environment and has a strategic mindset. As the Director of Pricing, you will be responsible for developing and optimizing pricing strategies across multiple product lines, ensuring alignment with broader business goals and regulatory standards.
Responsibilities- Pricing Strategy Development: Design and implement effective pricing strategies to support profitability and competitive positioning across products.
- Market Analysis: Conduct in-depth analyses of market trends, risk factors, and competitive positioning to inform pricing decisions.
- Cross-Functional Collaboration: Work closely with underwriting, product development, finance, and senior leadership to align pricing with broader business objectives.
- Regulatory Compliance: Ensure pricing strategies meet regulatory standards and contribute to the organization's risk management initiatives.
- Data-Driven Decision Making: Utilize advanced modeling and data analytics to refine pricing models and improve forecasting accuracy.
- Education: Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
- Certification: Fellow of the Society of Actuaries (FSA) required.
- Experience: At least 5+ years of actuarial experience in pricing within the insurance or reinsurance industry, with 2+ years in a leadership role.
- Technical Skills: Proficiency in actuarial pricing software and advanced Excel skills; experience with predictive modeling tools (e.g., R, Python) is a plus.
- Strategic Mindset: Ability to think strategically and influence business decisions with data-driven insights.
- Strong Communication Skills: Excellent written and verbal communication skills, with the ability to present complex ideas to non-actuarial stakeholders.
The estimated salary for this position is $140,000 - $180,000 per annum, depending on location and experience.
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