
Actuarial Manager, Auto
OdysseyRe
full-time
Posted on:
Location Type: Hybrid
Location: New York City • Illinois • New York • United States
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Salary
💰 $150,000 - $190,000 per year
Tech Stack
About the role
- The Actuarial Manager is a key role within Hudson, responsible for leading and executing comprehensive actuarial analyses focused on auto and general liability lines.
- Conduct detailed actuarial analyses to assess risk, loss cost trends, and profitability for auto and general liability insurance products, using advanced statistical methods and mathematical modeling techniques.
- Develop, enhance, and maintain sophisticated pricing models (including GLMs and similar tools) to support both portfolio and large account/loss‑rated pricing.
- Lead the design and implementation of pricing strategies and methodologies that balance competitiveness, growth, and profitability.
- Provide actuarial support and insight on individual large accounts, including loss‑rated structures, program design, and deal‑level pricing recommendations.
- Collaborate closely with underwriting, finance, claims, and operations to integrate actuarial insights into strategic decision‑making, portfolio management, and execution.
- Prepare and present clear, concise reports, dashboards, and presentations to senior management, effectively translating complex actuarial results and approaches for non‑actuarial audiences.
- Mentor a small team (approximately 1–3) of actuaries and/or analysts, fostering professional development, high performance, and an innovative, analytical culture.
- Ensure actuarial work adheres to applicable regulatory requirements, internal governance standards, and industry best practices.
- Monitor market and industry trends, competitor behavior, and emerging risks to inform strategic recommendations and product/pricing opportunities.
- Continuously improve actuarial processes, tools, and methodologies to enhance efficiency, accuracy, and timeliness of analyses and reporting.
Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field
- Minimum ACAS designation with at least 7 years of actuarial experience; 10+ years of experience is strongly preferred
- Extensive experience and knowledge of auto and general liability lines, including coverage structures, rating plans, and key performance metrics
- Significant individual large account and loss‑rated pricing experience, ideally within commercial auto and general liability segments
- Demonstrated experience managing and developing small teams (1–3 direct reports), including setting priorities and overseeing project delivery
- Proven expertise in actuarial modeling, risk assessment, and pricing strategies specific to auto and general liability lines
- Experience building and maintaining sophisticated pricing models using GLM or comparable techniques and tools
- Strong R and SQL programming skills, with the ability to work with large, complex datasets and to automate and industrialize actuarial analyses
- High proficiency with actuarial and statistical software, along with solid data management and visualization skills
- Superior ability to clearly and effectively communicate actuarial results, assumptions, and approaches to non‑actuaries, including underwriters and executive management
- Exceptional analytical and problem‑solving skills, with strong attention to detail and a high standard of accuracy
- Strong organizational and time‑management skills, with the ability to manage multiple priorities and deadlines in a fast‑paced environment.
Benefits
- Health insurance
- 401(k) matching
- Flexible work hours
- Paid time off
- Professional development opportunities
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
actuarial modelingrisk assessmentpricing strategiesGLMRSQLdata managementstatistical methodsmathematical modelingloss cost trends
Soft Skills
communicationanalytical skillsproblem-solvingorganizational skillstime managementmentoringteam managementpresentation skillscollaborationattention to detail
Certifications
ACAS