Director – Actuarial

West Bend Insurance Company

Lead the actuarial department at West Bend developing pricing strategies and risk management frameworks while collaborating with senior leadership to align actuarial insights with business objectives.

Posted 6/12/2026full-timeWest Bend • Wisconsin • 🇺🇸 United StatesLead💰 $200,000 - $250,000 per yearWebsite

Tech Stack

Tools & technologies

PythonSQL

About the role

Key responsibilities & impact

Lead the actuarial department in developing and implementing pricing strategies, loss reserving methodologies, and risk management frameworks.
Collaborate with senior leadership to provide actuarial insights that align with the company's business objectives and support growth, profitability, and sustainability.
Develop and refine actuarial models to support product development, reinsurance structuring, and portfolio optimization.
Oversee the pricing of new and existing insurance products, ensuring they are competitive while maintaining profitability.
Work closely with product managers, underwriters, and finance teams to support the development of new insurance offerings by providing actuarial analysis and recommendations.
Ensure pricing models are up to date and reflect current market trends, claims experience, and regulatory requirements.
Oversee the establishment of accurate loss reserves, ensuring compliance with statutory and regulatory standards.
Develop long-term financial forecasts, including projections of premium income, claims costs, and reserve requirements.
Provide actuarial inputs to support quarterly and annual financial reporting, including statutory filings, solvency reporting, and other regulatory submissions.
Lead, mentor, and develop a team of actuaries and analysts, fostering a culture of continuous learning and professional development.
Conduct performance reviews, provide constructive feedback, and implement training programs to enhance the team’s technical and leadership skills.
Promote collaboration within the actuarial team and across departments, ensuring a cohesive and aligned approach to achieving business goals.

Requirements

What you’ll need

10 years of actuarial experience, with at least 3-5 years in a leadership role.
Technical knowledge of actuarial methods, pricing, reserving, and risk management in the insurance industry (property, casualty).
Demonstrated success in leading and mentoring actuarial teams, with a focus on collaboration and innovation.
Experience with actuarial software (e.g., SAS, Python, Databricks) and advanced proficiency in Excel, SQL, and data analytics tools.
Communication and presentation skills, with the ability to translate complex actuarial concepts into actionable business insights.
Analytical, problem-solving, and decision-making abilities.
Familiarity with regulatory requirements and industry trends affecting the insurance sector.

Benefits

Comp & perks

Medical & Prescription Insurance
Health Savings Account
Dental Insurance
Vision Insurance
Short and Long Term Disability
Flexible Spending Accounts
Life and Accidental Death & Disability
Accident and Critical Illness Insurance
Employee Assistance Program
401(k) Plan with Company Match
Pet Insurance
Paid Time Off. Standard first year PTO is 17 days, pro-rated based on month of hire.
Enhanced PTO may be available for experienced candidates
Bonus eligible based on performance

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

actuarial methodspricingreservingrisk managementactuarial modelsfinancial forecastingdata analytics

Soft Skills

leadershipmentoringcollaborationcommunicationpresentationanalyticalproblem-solvingdecision-making