Actuarial Manager, Pricing

At-Bay; San Francisco (CA); On-site; USD 175,000 - 205,000; Full time

Job summary

A progressive insurance firm in San Francisco is seeking an Actuarial Manager for their Pricing team. The ideal candidate will have over 6 years of P&C pricing experience, strong analytical skills, and the ability to lead projects that contribute to the risk assessment framework. With responsibilities including managing pricing initiatives and collaborating cross-functionally, this is a key role for those looking to advance their career in the insurance industry. The position offers a competitive salary of $175,000-$205,000 per year.

Qualifications

• 6+ years P&C pricing experience in an insurance company, tech company, or consulting firm.
• 1+ years in a managerial, team lead, or mentorship role.
• Experience leading pricing projects from inception to implementation.

Responsibilities

• Lead pricing projects and collaborate with cross-functional teams.
• Develop and improve rate indications and conduct forecasting analyses.
• Facilitate reinsurance needs and support pricing strategies.

Skills

P&C pricing experience

Leadership and mentorship

Data visualization

Excel

SQL

Python/R

Education

ACAS or FCAS certification

Job description

About At-Bay

At-Bay is the world’s first InsurSec provider designed from the ground up to help businesses tackle cyber risk head on. By combining industry-leading insurance with world-class cybersecurity technology, At-Bay offers end-to-end prevention and protection for the digital age. With 98% of cyber insurance claims in the past five years coming from small and mid-size businesses with revenue under $2B, providing an integrated solution to help manage risk is more critical than ever.

At-Bay helps its 40,000+ customers close their security technology and skills gap — all through their cyber insurance policy — making them less likely to be hit with a ransomware attack. As a full-stack insurance company, At-Bay offers multiple lines of specialty insurance, including Cyber, Tech E&O, and Miscellaneous Professional Liability (MPL) policies.

Your Impact

As an Actuarial Manager on the Pricing team, you will be working under the risk function with talented team members in modeling, risk analytics, decision engine, insurance and tech product. You will report to the Actuarial Pricing Director and lead projects to deliver pricing initiatives and strategies. Your work directly contributes to At-Bay’s risk assessment framework that helps with data-driven decisions involving millions of dollars of exposure. This is a multidisciplinary role that includes developing deep cyber and tech knowledge, business acumen, research, and analytical skills. This is also a hands‑on operational role where you’ll see in house submission, quotes and binds and understand how each risk decision will impact on the business. This role is geared towards those with management experience or looking to take the next step in their career. This role will not have any direct reports to start, however will be operating at a senior level on the team and on a managerial track as we grow the function.

Responsibilities

• Lead a wide variety of pricing projects from inception to implementation, including existing rate plan updates and new product launches
• Develop and improve rate indication, including trending and adjusting premiums, losses and expenses, using appropriate statistical model and actuarial techniques
• Identify, advise and execute pricing initiatives to achieve functional strategies (often segment specific) on matters of significance, and present proposed initiatives to senior management
• Continue to provide input and strategically develop future team structure and appropriate reporting channels
• Collaborate with Insurance & Tech Product, Underwriting, Claims, and Decision Engine teams to develop products and deliver pricing initiatives
• Conduct forecasting analyses to understand the long term implications of current and proposed rate changes
• Facilitate reinsurance needs to illustrate the growth and profitability the At-Bay program
• Facilitate the risk review process and contribute to the At-bay’s risk committee meetings to support the pricing & underwriting strategy.
• Create/improve tools and automate processes to improve the teams operational efficiency

Qualifications

• 6+ years P&C pricing experience in an insurance company/tech company/Insurtech/consulting company
• ACAS or FCAS certification
• 1+ years serving in a direct managerial, team lead, or mentorship capacity, showcasing your ability to lead and mentor Analyst staff
• Experience leading pricing projects from end to end, and collaborating and communicating cross functionally to ensure success
• Hands‑on experience with Excel, SQL as must and Python/R as strong preferred
• Strong data visualization skills, experience developing presentation materials and presenting them to leadership
• Plus if you have direct Cyber, Tech E&O, Miscellaneous Professional Liability (MPL) experience.
• Prior experience working with captives and/or reinsurers is a plus

Our estimated base pay range for this role is $175,000-$205,000 per year. Base salary is determined by a variety of factors including but not limited to market data, location, internal equitability, domain knowledge, experiences and skills. In general, if the position sparks your interest we encourage you to apply - our team prioritizes talent.

U.S. Standard Demographic Questions

We invite applicants to share their demographic background. If you choose to complete this survey, your responses may be used to identify areas of improvement in our hiring process.

How would you describe your gender identity? (mark all that apply)

How would you describe your racial/ethnic background? (mark all that apply)

How would you describe your sexual orientation? (mark all that apply)

Do you identify as transgender?

Do you have a disability or chronic condition (physical, visual, auditory, cognitive, mental, emotional, or other) that substantially limits one or more of your major life activities, including mobility, communication (seeing, hearing, speaking), and learning?

Are you a veteran or active member of the United States Armed Forces?