Commercial Pricing Actuary

As the Commercial Pricing Actuary you will lead Orion 180s commercial product expansion and rate development for a rapidly growing insurance company. This high-visibility role offers direct interaction with Orion180s executive team and external partners giving you the opportunity to shape the companys future. Youll drive continuous improvement in pricing and reserving processes while applying innovative approaches to traditional actuarial challenges.

ABOUT THE ROLE:

The Commercial Pricing Actuary is responsible for the pricing and product development for the commercial lines property programs. The position works collaboratively with other cross functional business units to implement state and program enhancements designed to achieve growth and profitability goals in line with the companys business model and enterprise objectives.

WHAT YOULL DO:

• Lead all pricing and rate development for the Commercial Lines expansion for the company. Develop processes to establish new non-admitted products and introduce new states.
• Build and maintain stochastic and deterministic pricing models for property risks integrating catastrophe models (e.g. windstorms floods wildfires) into the pricing structure.
• Refine quarterly rate adequacy reviews for both non-catastrophe and catastrophe exposures.
• Serve as a key business partner to portfolio managers and IT providing technical support reviewing complex or large accounts and verifying accurate implementation of pricing tools.
• Work with product owners to proactively manage the rate review process including the preparation proposal and implementation for all pricing changes.
• Work closely with Enterprise Risk Management and Data Science on catastrophe modeling and interpretation as well as pricing model building and development.
• Participate in the design and development of next-generation pricing tools and internal modeling including AI-based improvements to actuarial processes.
• Support the recalibration of existing pricing models by analyzing external or internal claims and exposure data to enhance proprietary pricing factors and models.
• Assist with quarterly and annual reserving process including interaction with leaders across Orion180 external actuaries and auditors and preparing reports and presentations for senior actuarial leadership.
• Work closely with product owners to monitor current rate levels and pricing enhancements that coincide with market trends and consumer expectations with the goal of achieving and maintaining growth and profitability.
• Work closely with product owners and IT to provide requirements for pricing and product enhancements designed to produce efficient accurate and compliant product presentation quoting and policy issuance.
• Continuously improve our analytics and data-driven decision-making capabilities and operating efficiency and quality.

WHAT WERE LOOKING FOR:

Education and Work Authorization

• Bachelors Degree or equivalent experience in similar work. ACAS or near ACAS required for this position.
• Must be authorized to work in the United States without sponsorship (U.S. Citizen or Green Card Holder)

Experience

• 5 years of commercial lines pricing experience necessary. Experience working closely with business units and P&L management would be highly preferred.
• Technical Proficiency: Familiarity with next-gen actuarial pricing and statistical tools and experience in implementation preferred.
• Advanced data and statistical programming skills including SQL R SAS or Python with strong proficiency in Excel.
• Strong analytical and problem-solving skills with a demonstrated ability of providing strategic recommendations. Communication Skills: Strong interpersonal collaborative and presentation skills with the ability to communicate effectively both written and verbal.
• Proven ability to achieve ambitious goals in an innovative and demanding environment. Ability to look at standard actuarial challenges in novel ways.
• Strategic Thinking: Excellent organizational and analytical skills with the ability to develop strategies informed by research data and industry trends.

WHATS IN IT FOR YOU:

Join Our Team & Make an Impact! At Orion180 we dont just meet expectations we exceed them. If youre ready to take your career to the next level and be part of a growing forward-thinking company apply today!

• Dynamic Environment: On-site role with a fast-paced and collaborative team culture. Results-driven office where your contributions make a real impact.
• Compensation: Competitive base pay and performance bonuses.
• Career Growth: Mentorship growth tracks and professional development.
• Benefits: Medical dental vision 401k paid holidays PTO and more!

The office environment is fast-paced and collaborative. An employee must be willing and able to work their regularly assigned work schedule onsite and in times of need be able to work an extended schedule depending on company or departmental needs project requirements or customer demands.

While performing general duties for this position the employee is regularly required to sit stand and/or walk around (including the use of stairs). Other demands include the ability to openly communicate with others by talking listening comprehending and reading; being able to lift light objects (<25 lbs); and using standard office equipment such as computers printers and addition there is an occasional need to bend twist or squat down to open/close cabinets and reach for files or other standard office-type objects.

Orion180 is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability or protected veteran status.

Reasonable accommodations are available for qualified individuals with disabilities during the application process. Applicants who need accommodations may email to request assistance.