Actuarial Director, Pricing

Oliver James Group; Chicago (IL); Hybrid; USD 130,000 - 180,000; Full time

Job summary

Oliver James Group is assisting a leading global specialty P&C insurer to recruit a Director, Actuary - Programs Pricing in a hybrid role based in Chicago with NY, Jersey City, St. Paul or Hartford options.

You will own pricing strategy across 5-6 specialty Programs and partner with Underwriting, Analytics and senior leadership. We are seeking ACAS or FCAS with 6+ years of P&C actuarial experience and strong pricing and analytical capabilities.

Qualifications

• 6+ years of P&C actuarial experience.
• ACAS or FCAS designation required.
• Strong pricing and ratemaking experience.
• Experience with Commercial or Specialty P&C preferred.
• Proficiency in Python, SQL and VBA is a plus.
• Excellent analytical and communication skills.

Responsibilities

• Own pricing and profitability analysis across a portfolio of specialty Programs.
• Monitor rate adequacy, rate changes, underwriting mix and segmentation.
• Advise on growth, repricing or pullback based on portfolio performance.
• Evaluate new specialty Programs and external partnerships.
• Develop pricing studies, segmentation analyses and monitoring tools.
• Collaborate with Underwriting, Program Managers and Modeling teams.
• Present actuarial findings to senior leadership and translate into business actions.

Skills

P&C actuarial experience

Pricing & ratemaking

Commercial mindset

Stakeholder management

Communication skills

Python/SQL/VBA (general)

Education

ACAS or FCAS

Tools

Python

SQL

VBA

Job description

Director, Actuary - Programs Pricing

Location: Chicago, IL | New York, NY | Jersey City, NJ | St. Paul, MN | Hartford, CT

Work Arrangement: Hybrid - 3 days per week in office

Compensation: $130,000-$180,000 base + bonus

A leading global specialty P&C insurer is seeking a Director, Actuary - Programs Pricing to join its growing US Insurance Actuarial team. This is a high-impact opportunity for an experienced actuary to take ownership of pricing strategy across a portfolio of specialty Programs, working closely with Underwriting, Program Managers, Analytics and senior leadership.

The Role

As the lead actuary for approximately 5-6 specialty Programs, you will provide actuarial and commercial insight across the portfolio and play a key role in strategic business decisions. Key responsibilities include:

• Own pricing and profitability analysis across a portfolio of specialty Programs.
• Monitor rate adequacy, rate changes, underwriting mix and segmentation.
• Advise the business on where to grow, maintain, reprice or pull back based on portfolio performance.
• Evaluate new specialty Programs and external partnerships from an actuarial and commercial perspective.
• Develop pricing studies, segmentation analyses and monitoring tools.
• Improve pricing methodologies and analytical processes using tools such as Python, SQL and VBA.
• Partner closely with Underwriting, Program Managers and Predictive Modeling teams.
• Present actuarial findings and recommendations to senior leadership.
• Translate complex actuarial analysis into clear, actionable commercial recommendations.

What They're Looking For

• 6+ years of P&C actuarial experience.
• ACAS or FCAS.
• Strong pricing and ratemaking experience.
• Experience within Commercial or Specialty P&C preferred.
• Strong analytical and technical capabilities, ideally including Python, SQL and/or VBA.
• Experience with profitability analysis, segmentation and portfolio monitoring.
• Strong communication and stakeholder management skills.
• Commercial mindset with the ability to influence underwriting and business decisions.

Why Consider the Opportunity?

• Director-level ownership across 5-6 specialty Programs.
• Exposure to approximately $1B of specialty Programs business across the broader team.
• Genuine actuarial influence on underwriting and commercial strategy.
• Work directly with high-performing Underwriting, Analytics and Program teams.
• Opportunity to evaluate new products, Programs and external partnerships.
• Collaborative, high-performance actuarial culture with strong senior actuarial leadership.
• Broad US actuarial organization with significant opportunities for professional development and progression.
• Competitive compensation of $130K-$180K base + bonus.

This opportunity would suit an experienced ACAS/FCAS pricing actuary who wants to move beyond traditional rate indications and play a meaningful role in portfolio strategy, underwriting decisions and the growth of a specialty insurance business.