Honeycomb Insurance

Director of Actuarial

Honeycomb Insurance

full-time

Posted on:

Location Type: Remote

Location: United States

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Salary

💰 $200,000 - $225,000 per year

Job Level

Lead

About the role

  • Conduct regular rate indication analyses and make recommendations to the CUO and Underwriting team for rate adjustments
  • Analyze loss performance of Honeycomb’s product and make recommendations to drive growth and improve profitability
  • Conduct quarterly reserves to develop ultimate loss ratios by line of business
  • Act as a liaison to Honeycomb’s capital and reinsurance partners to align profitability performance and goals
  • Act as the data owner for the Underwriting team to ensure that the team has high quality data and the right access to drive decisions
  • Establish key performance indicators and develop reporting to ensure the health of Honeycomb’s business
  • Assist the Underwriting team with product filings to ensure successful rate and product approvals with state Departments of Insurance for admitted products
  • Drive business and pricing segmentation initiatives to leverage pricing as a key product differentiator and competitive advantage

Requirements

  • 10 years+ of actuarial experience related to pricing or reserving with an insurance carrier or MGA
  • Bachelor's degree
  • Fellow of the Casualty Actuarial Society (FCAS) highly preferred
  • Excellent analytical skills
  • Good presentation skill and the ability to communicate across all levels of the organization
  • Ability to distill key actuarial concepts to others in non-technical terms
  • Ability to understand the business holistically and think strategically
Benefits
  • Salary: $200,000 - $225,000
  • Bonus: 15%
  • ISO stock options
  • Medical, dental, and vision coverage for you and your dependents
  • HSA with company contributions
  • 401(k) (non-matching)
  • Flexible time off
  • 10 company-paid holidays
  • Paid family leave
Applicant Tracking System Keywords

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

Hard Skills & Tools
rate indication analysisloss performance analysisultimate loss ratioskey performance indicatorsdata ownershipproduct filingspricing segmentationactuarial pricingactuarial reservingdata analysis
Soft Skills
analytical skillspresentation skillscommunication skillsstrategic thinkingability to distill conceptsinterpersonal skillscollaborationdecision-makingproblem-solvingorganizational skills
Certifications
Fellow of the Casualty Actuarial Society (FCAS)Bachelor's degree