biBerk Business Insurance

Principal Pricing Actuary

biBerk Business Insurance

full-time

Posted on:

Location Type: Hybrid

Location: StamfordConnecticutUnited States

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Salary

💰 $225,000 - $275,000 per year

Job Level

Tech Stack

About the role

  • Serve as the primary actuarial owner for pricing across all THREE lines of business, with particular focus on Commercial Property and General Liability.
  • Set and evolve pricing strategy, balancing growth, competitiveness, and long term profitability.
  • Make independent actuarial recommendations and sign off on pricing assumptions, methodologies, and decisions.
  • Manage, mentor, and develop a team of actuarial analysts and actuaries, currently consisting of three direct reports.
  • Set clear expectations, priorities, and development plans for team members.
  • Review and validate team analyses to ensure technical quality, accuracy, and consistency.
  • Build a strong culture of ownership, accountability, and analytical rigor.
  • Own the full pricing lifecycle, including scoping, analysis, internal review, regulatory rate filings, and implementation.
  • Lead the quarterly profitability review, including review of and coordination across all lines of business.
  • Establish and maintain strong pricing governance, controls, and documentation.
  • Ensure accuracy, consistency, and transparency across all pricing deliverables.
  • Design, build, and maintain pricing models, including GLMs and other actuarial models, using SQL and R or Python.
  • Provide technical direction and review for models developed by team members.
  • Partner with data science teams to enhance GLMs and incorporate predictive model outputs into pricing decisions.
  • Interpret and incorporate CAT model outputs and other external data sources as appropriate.
  • Improve efficiency and effectiveness of the entire pricing process.
  • Act as the actuarial authority for THREE in discussions with Product, Underwriting, Finance, and senior leadership.
  • Clearly communicate complex actuarial concepts, tradeoffs, and recommendations to non actuarial stakeholders.
  • Influence business decisions through clear, confident, and concise communication.
  • Represent pricing actuarial perspectives in strategic planning discussions.

Requirements

  • Significant P&C pricing experience with demonstrated ownership of pricing decisions.
  • Commercial lines pricing experience, specifically Commercial Property and General Liability.
  • Strong hands on coding skills in SQL and R or Python.
  • Experience building and owning actuarial models, including GLMs, end to end.
  • Excellent communication skills, with the ability to explain complex actuarial analyses clearly and confidently to senior, non technical audiences.
  • Proven ability to lead, mentor, and manage actuarial staff.
  • Demonstrated ability to operate independently, prioritize work, and exercise sound actuarial judgment.
  • FCAS preferred; strong ACAS with extensive pricing ownership and leadership experience will be considered.
  • 10+ years of P&C actuarial experience, primarily in pricing.
  • Experience pricing small business or package products.
  • Experience scaling or maturing actuarial teams and processes.
  • Familiarity with regulatory environments and rate filing processes.
  • Strong organizational skills and attention to detail.
  • Experience collaborating closely with data science or advanced analytics teams.
Benefits
  • Medical (PPO/HDHP), vision, disability, and life insurance.
  • Enhanced dental plan with orthodontia coverage in addition to a standard plan.
  • Generous PTO plan for all benefit-time eligible employees.
  • Paid company holidays and 4 floating holidays.
  • Paid parental leave.
  • Employee Retirement Savings Plan/401(k) with company match and immediate vesting.
  • Education Assistance Program that offers 100% upfront tuition reimbursement after 6 months of service for approved degree programs.
  • Service Recognition Program that provides a monetary award to be used toward a vacation every 5 years of employment.
  • Wellness Initiatives that include Fitness Center and Weight Watchers Reimbursement programs.
  • Voluntary benefits that include accident, critical illness, and hospital indemnity.
  • Employee discount and rewards program on travel, tickets, electronics, home, and more.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
pricing strategyactuarial recommendationspricing assumptionspricing methodologiespricing modelsGLMsSQLRPythonpredictive modeling
Soft Skills
leadershipmentoringcommunicationindependent operationprioritizationorganizational skillsattention to detailanalytical rigoraccountabilityinfluence
Certifications
FCASACAS