Associate Actuary

PURE Insurance; Chicago (IL); On-site; USD 120,000 - 135,000; Full time

Job summary

PURE Insurance in Chicago is seeking an Associate Actuary of Pricing to shape our pricing strategy across Homeowners, Auto, and Excess lines. You will develop indications, refine methods, and ensure countrywide pricing aligns with state execution.

You’ll work with actuaries, analysts, and product managers to keep pricing competitive, compliant, and aligned with PURE’s long‑term goals, while communicating results to leadership and maintaining awareness of market dynamics.

Qualifications

• 3–5 years of actuarial pricing experience in P&C.
• ACAS designation required.
• Strong knowledge of ratemaking methodologies.

Responsibilities

• Develop internal home and auto indications to support strategy.
• Refine pricing methodologies for pricing framework.
• Conduct countrywide pricing studies and ad-hoc analyses.
• Partner with product and actuarial teams to align pricing with goals.
• Oversee state-level pricing and filings with regulatory compliance.
• Build tools and processes to improve efficiency and consistency.
• Communicate results and timelines to management and stakeholders.
• Monitor industry trends and regulatory developments affecting pricing.

Skills

Actuarial pricing

Analytical skills

Communication skills

Team leadership

Education

ACAS designation

Tools

SAS

SQL

Python

R

Job description

About the role:

We are seeking an Associate Actuary of Pricing who will play a central role in shaping PURE’s pricing strategy across Homeowners, Auto, Excess Liability, and other lines of business. This position is ideal for someone who enjoys analytical work, building sound methodologies, and balancing countrywide pricing strategy with state-level execution.

You will be a key contributor to the Actuarial Pricing team, working closely with actuaries, analysts, and product managers. Your work will help ensure that PURE’s pricing remains competitive, compliant, and aligned with our long‑term objectives.

What you’ll do:

• Develop internal home and auto indications to support strategic decision‑making and state rate filings.
• Refine pricing methodologies to strengthen PURE’s actuarial framework.
• Conduct countrywide pricing studies and ad‑hoc analyses that guide strategic decision‑making.
• Partner with product and actuarial teams to align pricing approaches with PURE’s goals and member needs.
• Oversee state‑level pricing and filing responsibilities, ensuring accuracy and regulatory compliance.
• Build tools and processes that enhance efficiency and consistency across pricing work.
• Clearly communicate results, recommendations, and timelines to management and key stakeholders.
• Maintain awareness of industry trends, regulatory developments, and market dynamics that influence pricing.

What you’ll need:

• 3-5 years of actuarial pricing experience in P&C insurance, preferably in Personal Home and/or Auto lines of business.
• ACAS designation within the Casualty Actuarial Society.
• Strong knowledge of actuarial ratemaking methodologies and best practices.
• Proven ability to apply analytical and quantitative skills to complex problems.
• Experience with SAS, SQL, R, Python, or other data analysis tools.
• Strong communication skills, with the ability to explain technical findings to both actuarial and non‑actuarial audiences.
• Ability to lead and collaborate in a team‑oriented environment.

The base salary for this role can range from $120,000 to $135,000 based on a full‑time work schedule. An individual’s ultimate compensation will vary depending on job‑related skills and experience, geographic location, alignment with market data, and equity among other team members with comparable experience.

What We Do

We’re a member‑owned property and casualty insurer designed exclusively for financially successful families and driven by a purpose of doing what is right for our members. We provide exceptional service, hospitality and care, we partner with our members to help prevent losses and we create smart insurance solutions at fair prices.

We aim for our members to love their insurance. It is our mission is to create a membership experience so compelling that our members never want to leave.

Who We Are

We want to be transparent about what we expect from each other. From PURE, you can expect:

Opportunities to stretch and grow: your professional and personal development matters to us. We’re committed to providing experiences through on‑the‑job learning and professional development that increase your impact and rewards.

Clarity and kindness: you can rely on us to be open, honest and supportive, offering clarity on what success looks like.

Support in good times and bad: we believe in showing up for each other consistently, not only when it’s easy. You can expect a thoughtful partner, even when we disagree.

A community that cares: we are committed to sustaining a community in which each person feels cared for as an individual. We lift each other up, celebrate wins together and support one another through challenges in work and life.

Who You Are

All of the strongest relationships are a partnership- a two way street. So here’s what we ask of you:

• Aim to bring your best every day: you’re here because you want to be part of a team that makes a real impact and aims high.
• Be a student and a teacher: share your knowledge and talents and be willing to listen and learn from those around you.
• Get comfortable being uncomfortable: we face tough moments and obstacles with a "courage over comfort" approach and a positive, solutions‑oriented mindset.
• Be a culture builder: building a positive culture is everyone’s responsibility, based on care, respect and openness to diverse perspectives.

Want to Learn More?

• Our Values
• Our Benefits
• Our Community Impact
• Our Leadership