Lead Actuary, Enterprise Pricing
Coalition
- Location
- Any location, United States
- Work model
- On-Site
- Level
- Senior
- Salary
- $145k/yr
- H-1B history
- 5 approvals (FY2023)
- Posted
- 2h ago
Skills
About this role
About us
Coalition is the world's first Active Insurance provider designed to help prevent digital risk before it strikes. Founded in 2017, Coalition combines comprehensive insurance coverage and innovative cybersecurity tools to help businesses manage and mitigate potential cyberattacks.
Opportunities to make an impact with bold thinking are real—and happening daily at Coalition.
About the role
Coalition is looking for an elite, seasoned Actuary to serve as our ultimate technical authority. This high-impact role demands peerless technical mastery, visionary design capabilities, and the executive presence needed to shape Coalition's pricing strategy. You will be responsible for conceptualizing, engineering, and monitoring world-class pricing solutions and adaptive frameworks that allow us to outpace the competition and dynamic risk landscapes. We’re looking for someone who will roll up sleeves to always push the boundaries, consistently strive for the best data-driven solutions to support our business objectives and ensure our cutting-edge actuarial frameworks translate perfectly into operational tools for underwriters and partners.
Responsibilities
• Work closely with the business to develop standardized monitoring dashboards to assess business performance and market trends and provide recommendations on the next best pricing actions
• SME to support the creation and maintenance of appropriate pricing risk governance controls
• Act as a peer-reviewer for complex pricing initiatives such as new pricing rating structure, capping structure, new risk signals proposals, etc
• Responsible for the translation of sophisticated technical concepts for non-technical stakeholders, directly designing the UI/UX frameworks for internal tools to make pricing mechanics clear and actionable.
• Responsible for providing actuarial expertise support for the rating plan implementation process, automation & standardization initiatives
• Straddle the worlds of insurance, data science, engineering and security experts to shape the most suitable data-driven solutions
• Act as an ambassador for the actuarial team, fostering a solutions-driven approach and demonstrating a strong commitment in meeting the needs of our stakeholders
Skills and Qualifications
• 12+ years of experience in Insurance pricing
• FCAS certification preferred
• Demonstrated ability to lead complex initiatives
• Undergraduate degree in Actuarial Science or any other related field
• Deep subject matter expertise of actuarial pricing & reserving concepts
• Excellent communication skills including ability to convey clear information to manager and team members, and ability to vulgarize complex technical concepts to non-technical audience
• Ability to work efficiently in a fast paced environment, and consistently meet deadlines
• Ability to take ambiguous problems and solve them in a structured data-driven way
• Ability to think long-term strategically and operationally, striking the right balance between short-term deliveries and long-term business outcomes
• Ability to influence partners and build strong relationships, creating win-win situations with them
• Ability to develop, assess and monitor numerous business metrics and use the acquired knowledge to optimize our pricing proposals
Bonus Points
• Pricing experience in Cyber Insurance
• Pricing experience in Large Accounts
• Pricing experience in Directors and Officers (D&O) insurance and/or any other relevant commercial pricing