Principal Pricing Actuary

Role Overview

• Serve as the primary actuarial owner for pricing across all THREE lines of business, with particular focus on Commercial Property and General Liability.
• Set and evolve pricing strategy, balancing growth, competitiveness, and long term profitability.
• Make independent actuarial recommendations and sign off on pricing assumptions, methodologies, and decisions.
• Manage, mentor, and develop a team of actuarial analysts and actuaries, currently consisting of three direct reports.
• Set clear expectations, priorities, and development plans for team members.
• Review and validate team analyses to ensure technical quality, accuracy, and consistency.
• Build a strong culture of ownership, accountability, and analytical rigor.
• Own the full pricing lifecycle, including scoping, analysis, internal review, regulatory rate filings, and implementation.
• Lead the quarterly profitability review, including review of and coordination across all lines of business.
• Establish and maintain strong pricing governance, controls, and documentation.
• Ensure accuracy, consistency, and transparency across all pricing deliverables.
• Design, build, and maintain pricing models, including GLMs and other actuarial models, using SQL and R or Python.
• Provide technical direction and review for models developed by team members.
• Partner with data science teams to enhance GLMs and incorporate predictive model outputs into pricing decisions.
• Interpret and incorporate CAT model outputs and other external data sources as appropriate.
• Improve efficiency and effectiveness of the entire pricing process.
• Act as the actuarial authority for THREE in discussions with Product, Underwriting, Finance, and senior leadership.
• Clearly communicate complex actuarial concepts, tradeoffs, and recommendations to non actuarial stakeholders.
• Influence business decisions through clear, confident, and concise communication.
• Represent pricing actuarial perspectives in strategic planning discussions.

Requirements

• Significant P&C pricing experience with demonstrated ownership of pricing decisions.
• Commercial lines pricing experience, specifically Commercial Property and General Liability.
• Strong hands on coding skills in SQL and R or Python.
• Experience building and owning actuarial models, including GLMs, end to end.
• Excellent communication skills, with the ability to explain complex actuarial analyses clearly and confidently to senior, non technical audiences.
• Proven ability to lead, mentor, and manage actuarial staff.
• Demonstrated ability to operate independently, prioritize work, and exercise sound actuarial judgment.
• FCAS preferred; strong ACAS with extensive pricing ownership and leadership experience will be considered.
• 10+ years of P&C actuarial experience, primarily in pricing.
• Experience pricing small business or package products.
• Experience scaling or maturing actuarial teams and processes.
• Familiarity with regulatory environments and rate filing processes.
• Strong organizational skills and attention to detail.
• Experience collaborating closely with data science or advanced analytics teams.

Tech Stack

• Python
• SQL

Benefits

• Medical (PPO/HDHP), vision, disability, and life insurance.
• Enhanced dental plan with orthodontia coverage in addition to a standard plan.
• Generous PTO plan for all benefit-time eligible employees.
• Paid company holidays and 4 floating holidays.
• Paid parental leave.
• Employee Retirement Savings Plan/401(k) with company match and immediate vesting.
• Education Assistance Program that offers 100% upfront tuition reimbursement after 6 months of service for approved degree programs.
• Service Recognition Program that provides a monetary award to be used toward a vacation every 5 years of employment.
• Wellness Initiatives that include Fitness Center and Weight Watchers Reimbursement programs.
• Voluntary benefits that include accident, critical illness, and hospital indemnity.
• Employee discount and rewards program on travel, tickets, electronics, home, and more.