Actuarial Director, Pricing

Posted yesterday

oliver james associatesChicago (IL)

SENIORITY

Manager

SALARY

$150000 - $180000

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About the role

Salary$150000 - $180000 Location Chicago, IL, USAContractPermanentTypeHybridIndustryActuarialContactAzra MeralAzra.Meral@oliverjames.com Director, Actuary – Programs Pricing
Location: Chicago, IL | New York, NY | Jersey City, NJ | St. Paul, MN | Hartford, CT
Work Arrangement: Hybrid – 3 days per week in office
Compensation: $130,000-$180,000 base + bonus A leading global specialty P&C insurer is seeking a Director, Actuary – Programs Pricing to join its growing US Insurance Actuarial team. This is a high-impact opportunity for an experienced actuary to take ownership of pricing strategy across a portfolio of specialty Programs, working closely with Underwriting, Program Managers, Analytics and senior leadership.
The Role: As the lead actuary for approximately 5-6 specialty Programs, you will provide actuarial and commercial insight across the portfolio and play a key role in strategic business decisions.
Key responsibilities include: Own pricing and profitability analysis across a portfolio of specialty Programs. Monitor rate adequacy, rate changes, underwriting mix and segmentation. Advise the business on where to grow, maintain, reprice or pull back based on portfolio performance. Evaluate new specialty Programs and external partnerships from an actuarial and commercial perspective. Develop pricing studies, segmentation analyses and monitoring tools. Improve pricing methodologies and analytical processes using tools such as Python, SQL and VBA.Partner closely with Underwriting, Program Managers and Predictive Modeling teams. Present actuarial findings and recommendations to senior leadership. Translate complex actuarial analysis into clear, actionable commercial recommendations. What They're Looking For 6+ years of P&C actuarial experience. ACAS or FCAS.Strong pricing and ratemaking experience. Experience within Commercial or Specialty P&C preferred. Strong analytical and technical capabilities, ideally including Python, SQL and/or VBA.Experience with profitability analysis, segmentation and portfolio monitoring. Strong communication and stakeholder management skills. Commercial mindset with the ability to influence underwriting and business decisions. Why Consider the Opportunity? Director-level ownership across 5-6 specialty Programs. Exposure to approximately $1B of specialty Programs business across the broader team. Genuine actuarial influence on underwriting and commercial strategy. Work directly with high-performing Underwriting, Analytics and Program teams. Opportunity to evaluate new products, Programs and external partnerships. Collaborative, high-performance actuarial culture with strong senior actuarial leadership. Broad US actuarial organization with significant opportunities for professional development and progression. Competitive compensation of $130K-$180K base + bonus. This opportunity would suit an experienced ACAS/FCAS pricing actuary who wants to move beyond traditional rate indications and play a meaningful role in portfolio strategy, underwriting decisions and the growth of a specialty insurance business. Apply confidentially or reach out for further details.

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