Vice President, Actuarial and Product Management

Great American Insurance Group’s Republic Indemnity Company of America is seeking a senior actuarial and product management leader. The role oversees actuarial and product management teams, pricing optimization, performance analytics, predictive model integration, regulatory filings, and product portfolio strategy for workers’ compensation insurance.

Responsibilities:

• Performance and development of the actuarial and product management teams
• Own technical pricing strategy, develop target pricing frameworks, and lead profitability and book performance analysis
• Support predictive model development while serving as the primary liaison to the AFG Predictive Analytics team
• Leads model deployment and monitors model performance to ensure effective risk segmentation and price optimization are maintained
• Oversee all rate and product filings, identifying and implementing new product features, structures, and pricing innovations
• Define product strategy and lead product lifecycle management
• Analyze portfolio performance and claim trends to identify loss drivers and provide actionable recommendations to improve financial outcomes
• Deliver insights to improve pricing and product design through collaboration with underwriting, claims, finance, distribution, and other AFG departments as appropriate
• Own enterprise reporting and establish consistent metric definitions across departments
• Build and maintain product and segment-level performance dashboards
• Establish underwriting quality standards and best practices and monitor to ensure regulatory requirements and internal expectations are consistently met
• Interface with insurance regulators and rating bureaus to ensure compliance with state regulatory requirements
• Monitors legislative and regulatory changes impacting workers’ compensation

Requirements:

• • Bachelor's degree, preferably in actuarial science, mathematics, statistics or related field
• • Fellow or Associate of the Casualty Actuarial Society (FCAS strongly preferred; ACAS considered with relevant experience)
• • Minimum of 10+ years of progressive actuarial experience in property & casualty insurance, with workers' compensation experience strongly preferred
• • Minimum of 5 years of formal leadership experience, including prior experience leading or partnering closely with product management functions
• • Demonstrated expertise in pricing strategy and optimization with exceptional ability to communicate and translate actuarial findings into practical business recommendations
• • Experience integrating predictive analytics into pricing and underwriting strategies
• • Strong product management orientation and comfort working across multiple functions