AVP, Actuarial Operations


Job Location:

Chicago, IL - USA

Yearly Salary: $ 180000 - 240000
Posted on: 11 days ago
Vacancies: 1 Vacancy

Job Summary

Department:

Actuarial

Job Description:

The Assistant Vice President Actuarial Operations will lead the development and evolution of the actuarial operating environment supporting pricing reserving and enterprise analytics. This role is responsible for establishing scalable actuarial infrastructure modernizing actuarial workflows and enabling the effective use of advanced analytics and predictive modeling across the organization.

Working in close partnership with actuarial Pricing and Reserving leadership this role will ensure actuarial processes are efficient well-controlled and production ready. The AVP will drive the design and implementation of repeatable analytical frameworks automated workflows and production environments that support actuarial decision-making at scale.

This leader will play a key role in shaping the long-term direction of actuarial operations by building the capabilities platforms and processes needed to support a growing insurance organization. Through modernization of actuarial infrastructure and the deployment of advanced analytics capabilities this role will enable actuarial teams to operate more efficiently while strengthening how analytics informs business strategy and outcomes.

Work Arrangement:

  • Employees who live within 30 miles of the TMG home office are expected to follow a hybrid or in-office schedule. The initial training period may require additional inoffice days.

Accountabilities:

Actuarial Platform Infrastructure and Modernization: Lead the development and governance of the actuarial analytics platform that supports pricing reserving and enterprise actuarial analytics.

  • Define and evolve the long-term architecture of the actuarial analytics environment to support scalable modeling automation and advanced analytical capabilities across the enterprise actuarial function.

  • Manage actuarial technology platforms and modeling environments including Python R actuarial software and related analytics tools.

  • Collaborate with Data Governance teams to align actuarial processes with enterprise data standards and architecture.

  • Establish governance documentation and control standards for actuarial models and analytical production workflows.

  • Own the production and delivery of management reporting across the enterprise.

Actuarial Process Automation & Operational Excellence: Modernize actuarial workflows through automation standardized tooling and scalable analytical processes.

  • Build and maintain scalable actuarial tools models and automation frameworks with appropriate documentation and controls.

  • Design repeatable analytical workflows that improve the efficiency reliability and scalability of actuarial processes.

  • Establish operational standards and best practices that support consistent actuarial analysis and model execution.

  • Foster a culture of continuous improvement and operational excellence within the actuarial function.

Analytics Enablement & Model Deployment: Enable the effective use of advanced analytics and predictive modeling within actuarial workflows and business decision-making.

  • Develop and deploy underwriting claim and other functional predictive models and analytical tools into actuarial workflows.

  • Ensure analytical models are implemented in scalable controlled production environments.

  • Partner with pricing reserving and analytics teams to operationalize advanced analytical capabilities.

Leadership & Actuarial Capability Development: Lead and develop the team responsible for actuarial operations automation and analytical infrastructure.

  • Attract recruit lead retain and develop a team of actuarial analysts and analytics engineers focused on process automation and actuarial tooling.

  • Build actuarial operational capabilities that enable actuarial teams to deliver greater analytical insight and support data-driven business decisions.

  • Establish priorities and execution plans that align actuarial operational capabilities with organizational needs.

  • Promote strong collaboration across actuarial data and technology teams.

Qualifications:

  • FCAS and 10 years of actuarial experience in property & casualty insurance

  • Strong technical experience with actuarial processes such as pricing analyses reserving workflows or portfolio monitoring

  • Demonstrated experience leading analytical actuarial or technical teams

  • Experience programming in Python R or similar analytical languages

  • Experience designing or implementing scalable actuarial or analytical production environments

  • Demonstrated ability to translate actuarial needs into automated scalable analytical workflows

  • Experience working with large datasets data warehouses or modern analytical data platforms

  • Experience developing maintaining and deploying predictive models or analytics tools into production environments

  • Experience working with actuarial software platforms and analytical modeling environments

  • Strong communication and collaboration skills

Pay Range:

Anticipated Hiring Range:

  • $180000 - $240000 annual base salary depending on experience qualifications and geographic location

Benefits:

We are proud to offer our full-time regular employees a robust benefits suite that includes:

  • Competitive base salary plus incentive plans for eligible team members

  • 401(K) retirement plan that includes a company match of up to 6% of your eligible salary

  • Free basic life and AD&D long-term disability and short-term disability insurance

  • Medical dental and vision plans to meet your unique healthcare needs

  • Wellness incentives

  • Generous time off program that includes personal holiday and volunteer paid time off

  • Flexible work schedules and hybrid/remote options for eligible positions

  • Educational assistance

Equal Opportunity Employer

The Mutual Groupis an Equal Opportunity Employer. It is our policy to recruit hire train and promote individuals in all job classifications without regard to race color religion sex national origin age veteran status disability sexual orientation gender identity or any other characteristic protected by law.

Applicants requiring a reasonable accommodation due to a disability at any stage of the employment application process should contact.

Employment Verification

The Mutual Group participates in theE-Verifyprogram and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. You are protected fromemployment discriminationbased on your citizenship status and national origin.

E-Verify Program Overview

E-Verify Participation Poster

All offers of employment are contingent upon the successful completion of a background check.

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Department:ActuarialJob Description:The Assistant Vice President Actuarial Operations will lead the development and evolution of the actuarial operating environment supporting pricing reserving and enterprise analytics. This role is responsible for establishing scalable actuarial infrastructure mode...