AVP, Actuarial (Pricing)
La Jolla, CA - USA
Job Summary
We are Hiring!
Location: La Jolla CA; Edina MN; Chicago IL or Remote (If not commutable to a Palomar office)
The Details:
We are seeking a driven curious and high-energy AVP Actuarial with a strong pricing background to join our growing Actuarial team. This is a hands-on role: youll serve in the front-line to work directly with Underwriting Product and executive segment leaders to share insights and shape pricing decisions in real time. This role is built for someone who can move across segments and bring a broad adaptable perspective to Palomars business. The ability to build trust quickly with cross-functional partners and work efficiently is a must.
What will you do:
Apply and help shape Palomars in-house pricing toolkit to drive day-to-day pricing analyses and deliver fast well-grounded results to partners
Serve as hands-on pricing actuary for UW Product Ceded Reinsurance and segment leadership by connecting pricing insights to broader business results and strategy
Lead rate reviews and indications across multiple segments adapting approach to each segments unique risk profile and data maturity
Help build out a framework for monitoring competitive and market pricing trends an emerging capability with room to shape how its done
Evaluate new programs renewals and rate adequacy bringing an actuarial lens to business decisions in real-time
Build and maintain strong working relationships with MGAs supporting pricing and program structure where applicable
Flex across segments as business priorities shift building broad exposure across Palomars diverse book
What we are looking for:
8 years of actuarial experienceideally majority in pricing with some reserving and reinsurance background
FCAS or high-functioning ACAS
Working proficiency in AI-supported building alongside R Python SQL etc to leverage and contribute to Palomars in-house pricing toolkit
Proven ability to go from 0 1 in ambiguous still-forming environments.
Deep understanding of actuarial workflows and the practical needs of pricing analysis not just the theory.
Strong communicator who can build bridges and translate between technical analysis and key stakeholders.
Team leadership or mentoring experience is a plus for future growth though near-term focus is hands-on delivery
Thrives in dynamic fast-changing environments with minimal red tape.
Prior experience mentoring or managing technical staff is a plus.
We love people who want to:
Build strong relationships through transparency trust and respect for each other.
Work in an agile environment with a resilient mindset to find creative solutions to challenges.
Collaborate and celebrate diverse perspectives promoting inclusivity and equality.
Do the right thing with strong conviction and integrity.
Be bold and innovative to help make an impact.
Demonstrable track record of working autonomously and driving progress
Be intellectually curious think creatively and pragmatic
If you thrive in a dynamic environment and like working with happy authentic talented people youll enjoy a career with Palomar!
What will you get in return
Full Suite of Medical Benefits
Long Term Financial Incentives STOCK!
401k with 3.5% Automatic Fully Vested Employer Contributions
Competitive PTO Holiday Program
Lifestyle Spending Allowance
Professional Development Assistance
Career Exploration Opportunities
Regular company-wide social events (even virtually!)
Diversity at Palomar
At Palomar we are committed to diversity equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce while actively championing equality and inclusion practices that make us a company people want to work with and work for.
We believe that diversity equality and inclusion yields greater organizational creativity and productivity which helps us serve our customers and partners more effectively. Delivering on our diversity commitment returns greater value to our shareholders and ultimately makes a positive impact to the communities in which we do business and to the people who live in them
#PalomarPride #Insurancejobs #hiring
Accommodations:
Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability can be considered for the position. Palomar will also consider necessary modifications to the physical work environment or to the way a job is usually performed so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those that are enjoyed by other employees without disabilities.
For more information about our company visit us at . Palomar is an Equal Opportunity Employer.
No phone calls or agency solicitation please
Pay Range: $160000-$220000 Bonus Potential & Participation in our Competitive Long-Term Incentive (LTI) Program.
The above pay range is for all US-based roles based on function and level benchmarked against companies of similar size and scope. To be compliant with local legislation as well as provide greater transparency to candidates we disclose salary ranges on all job postings regardless of the desired job location. We also offer a competitive annual discretionary bonus program and the opportunity for annual long-term incentive stock addition we offer a highly competitive benefits package. Final offer amounts are determined by multiple factors including candidate experience and qualifications and may vary from the amounts listed above
About Company
Why choose Palomar? Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes the best and brightest to our thriving team. Guided by an entrepreneurial spirit, Palomar is building a dynamic an ... View more