We are looking for an experienced actuary to join our Personal Insurance Pricing department’s leadership team at
Definity as the Actuarial Rate Adequacy Manager. The successful candidate will be responsible for the rate
adequacy review of each portfolios in Personal Insurance department across the country, including the deep dive
review of key underlying assumptions on both Auto and Property, from both Broker and direct channels. You shall
collaborate closely with cross functional partners and the Senior Leadership Team with the ultimate objective to
achieve target profitability and competitive positioning in the market.
What can you expect from this role?
- In charge of the outcome of our rate adequacy analysis, in ensuring that they are actuarially sound,
relevant to the forthcoming market conditions, and scalable.
- Collaborate with cross-functional teams and leadership stakeholders to gain alignment in key assumptions
and to understand the business stories underlying each portfolio.
- Present rate adequacy evaluation to the PI management team, highlighting rationales behind key drivers of
changes and socializing findings from applicable deep dive analysis.
- Plan, coach, develop, and lead the team of 4-6 actuarial analysts whose primary work focus on the design,
development, analysis, and continuously enhancement our indications assumptions and templates.
- As part of the Personal Insurance Pricing Management Team, help deliver increased business value and
support profitable growth from implementation of actions rooted in sound actuarial analysis and insights.
What do you bring to the role?
- University Degree in Actuarial Science, or a relevant discipline
Associateship/Fellowship in the Casualty Actuarial Society or equivalent professional designation
- At least 5 years of full-time experience in actuarial pricing with a preference for individuals who have
experience managing or coaching a small team of analysts.
- Knowledge of insurance regulations and compliance requirements related to pricing and underwriting.
- Strong analytical and problem-solving skills, with a focus on data-driven decision making.
- Excellent project management skills, including communication, organization, and execution ability to
promote and supervise a team effort towards successful project delivery.
- Strong relationship-building and influencing skills with the ability to collaborate effectively with cross functional teams in achieving organizational goals.
Salary Range: $91,000 - $187,200
