AVP Insurance Pricing
GM Financial
full-time
Posted on:
Location Type: Remote
Location: Remote • 🇺🇸 United States
Visit company websiteSalary
💰 $137,000 - $246,000 per year
Job Level
Lead
About the role
- Formulate pricing strategy in line with corporate objectives
- Establish key profitability metrics and deliver performance summaries to senior leadership, including identification of trends and comparison of actual and expected results
- Serve as expert on actuarial pricing work, providing clear explanations of methodologies and results
- Accountable for the preparation of rate level indications and actuarial support for state filings in line with actuarial standards of practice, internal governance protocols, and state laws and regulations
- Accountable for rate impact analysis that supports decision-making and rate testing that underlies accurate and efficient rate deployment
- Work closely with Product & Design teams to inform the design of pricing data management and lead the design and maintenance of tools related to performance monitoring and deployment
- Work closely with State Management to support data-driven state pricing decisions
- Collaborate with data scientists and modelers to continuously improve rate segmentation and our understanding of the impact of rate changes
- Advise Finance on profitability projections
- Mentor and grow a high-performing team of pricing managers and analysts
- Promote innovation in pricing data and methodologies, as well as continuous modernization of work products
- Perform other duties as assigned
- Conform with all company policies and procedures
Requirements
- Bachelor’s Degree or equivalent experience required
- 8+ years of Actuarial or pricing experience within the property & casualty insurance industry, including at least 4 years in private passenger automobile pricing
- 3+ years leading direct reports consisting of actuaries, pricing analysts and/or data scientists required
- Associateship (ACAS) or fellowship (FCAS) with Casualty Actuarial Society required
Benefits
- Generous benefits package available on day one to include: 401K matching
- bonding leave for new parents (12 weeks, 100% paid)
- tuition assistance
- training
- GM employee auto discount
- community service pay
- nine company holidays
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
actuarial pricingrate level indicationsrate impact analysispricing data managementperformance monitoringrate segmentationprofitability projectionsdata analysismethodologiespricing strategies
Soft skills
leadershipmentoringcollaborationcommunicationinnovationproblem-solvingorganizational skillsanalytical thinkingteam managementdecision-making
Certifications
Associateship (ACAS)Fellowship (FCAS)