Chief Actuary — Strategic Pricing & Risk Leader

Carolina Casualty (a Berkley Company); North Royalton (OH); On-site; USD 200,000 - 300,000; Full time

Benefits offered by this job

Annual discretionary bonus

Full benefits package (Health, Dental,

401(k) and Profit-Sharing

Job summary

Carolina Casualty seeks a Chief Actuary to lead its Property and Casualty actuarial functions in the United States. You will approve rates, supervise reserves, and guide pricing strategy in collaboration with management and marketing.

You will drive actuarial excellence, coordinate with rating agencies and reinsurers, and ensure compliance with regulatory standards while mentoring high-performing teams across a complex matrix organization.

Qualifications

• 10+ years of progressive related experience developing strategies, managing major initiatives and delivering results within a complex matrix environment
• 8 years of people leadership experience in building, managing and/or developing high-performing teams
• Experience collaborating with key resources and stakeholders, influencing decisions and managing work to achieve strategic goals
• 5+ years leading teams in an actuarial role in property and casualty lines of insurance
• Demonstrated successes in product management and technology modernization initiatives
• Experience leading teams through changes in processes, tools, techniques and organization
• Experience in predictive modeling, bridging pricing to analytics

Responsibilities

• Directs the Property and Casualty actuarial functions of the organization. Oversees the monitoring, evaluating, and reporting of the effectiveness of the existing rating formulas. Approves prospect and renewal rates for experience-rated categories of business. Advises management in the selection of major rating assumptions. Provides support to the marketing division by participating in the development of new products and meeting with key accounts to present rating/financial information.
• Drives operational performance and delivers outstanding actuarial support for the company and provides direction through models.
• Along with the CEO and executive team, contributes to managing relationships with rating agencies and reinsurers.
• Coordinates the quarterly Reserve Committee and Reinsurance Committee. Analyses and evaluates the effectiveness of the companys’ rates, pricing, and loss reserving to ensure company solvency.
• Monitors developments and trends within the Property/Casualty insurance industry. Communicates significant development/trends to the department and executive teams.
• Thorough working knowledge of insurance contracts, state legal requirements, and current business and industry trends/practices as pertain to Chief Actuary duties.
• Collaborates with other leaders to ensure consistent compliance with state and federal departments of insurance and other regulatory agencies.
• Participates and contributes to the development and execution of company strategies and plans.
• Supports an environment that is transparent and open, where others are encouraged to achieve, in which new ideas surface easily, favorable change is embraced, and where leadership abilities are recognized and encouraged.

Education

Bachelor’s degree in actuarial science, math/statistics, Economics, finance or other related disciplines

Fellow of the Casualty Actuarial Society (FCAS) designation

Job description

Carolina Casualty seeks a Chief Actuary to lead its Property and Casualty actuarial functions in the United States. You will approve rates, supervise reserves, and guide pricing strategy in collaboration with management and marketing.

You will drive actuarial excellence, coordinate with rating agencies and reinsurers, and ensure compliance with regulatory standards while mentoring high-performing teams across a complex matrix organization.