
Business Pricing Actuary – Delegated Portfolio
MSIG USA
full-time
Posted on:
Location Type: Hybrid
Location: New York City • Illinois • New York • United States
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Salary
💰 $150,000 - $200,000 per year
About the role
- Evaluate existing and new programs using actuarial techniques to assess portfolio profitability
- Drive innovation by designing, programming, and maintaining essential tools for pricing and portfolio monitoring
- Conduct structural analysis and provide actionable recommendations based on pricing insights to optimize program performance
- Collaborate with our Delegated Underwriting team to identify new Delegated Managing General Agent/ Underwriter (MGA/MGU) relationships
- Assess MGA/U books of business and management team for pricing, claims handling, financial, operational, and technology quality
- Conduct actuarial modelling to recommend appropriate sliding scale commission structures
- Track portfolio rate changes, pricing adequacy, and shifts in underwriting mix for new and renewal business
- Lead data business requirements and testing for actuarial related analyses for our new data lake
Requirements
- ACAS or FCAS designation (or near completion)
- 5-10+ years of P&C actuarial experience, including program or specialty lines pricing
- Strong proficiency in actuarial software and programming (Python, R, SQL, VBA preferred)
- Experience with delegated authority programs and MGA pricing models is a plus
- Excellent communication skills and ability to influence cross-functional teams
Benefits
- Comprehensive medical, dental, and vision coverage
- 401(k) with a generous employer match and profit-sharing contribution
- Wellness incentive program
- Life and accidental death and dismemberment (AD&D) insurance
- Flexible spending programs
- Short-term and long-term disability plans
- Paid time off program
- Paid charitable leave
- Paid parental leave
- Tuition reimbursement program
- Personal insurance (auto/homeowners) discounts
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
actuarial techniquesprogrammingactuarial modellingpricing insightsdata analysisPythonRSQLVBAportfolio monitoring
Soft Skills
communication skillsinfluencecollaborationrecommendationsleadership
Certifications
ACASFCAS