Head of Actuarial Risk

Mission Underwriting Managers; United States; Remote; USD 80,000 - 120,000; Full time

Job summary

An innovative Insurtech startup seeks a dynamic Actuary to join their team. In this remote role, you will leverage your actuarial expertise to develop cutting-edge insurance products and risk transfer solutions. Collaborating with a talented team, you will assess risks, enhance actuarial models, and contribute to the growth of a profitable portfolio. This opportunity allows you to work at the forefront of alternative risk transfer solutions, all while enjoying a flexible work environment and professional development opportunities. If you have a passion for shaping the future of insurance and thrive in a fast-paced startup culture, this role is for you.

Benefits

Medical, Dental, Vision

401K, 401K Match

Life and Disability Benefits

Unaccrued Paid Time Off

11 Paid Holidays

Employee Discounts

Employee Assistance Program

Educational Assistance Program

Employee Referral Program

Paid Parental Leave

Qualifications

• 8-10 years of actuarial experience in P&C insurance and catastrophe modelling.
• Professional actuarial designation preferred (FSA, ASA, or equivalent).

Responsibilities

• Develop and enhance P&C actuarial models for risk assessment and pricing.
• Lead catastrophe modelling efforts and conduct sensitivity analysis.

Skills

Actuarial Expertise

Analytical Skills

Problem-Solving Skills

Communication Skills

Catastrophe Modelling

Data Management

Education

Professional Actuarial Designation (FSA, ASA, or equivalent)

Tools

@Risk

Statistical Software

Job description

Mission Underwriting Services

At Mission Underwriters, we provide the capital, issuing paper, and reinsurance access you need to launch your own Program Administrator (PA) business quickly and efficiently. We offer non-recourse capital for qualified underwriters, giving you a manageable risk profile with potential equity upside. By taking care of administrative complexities like compliance, risk management, accounting, and HR, we free you to focus on what you do best—underwriting and distribution. Our turnkey platform gets you into the market in just a few months, minimizing disruption to your key relationships. With access to our network of highly rated issuing carriers and reinsurance partners, you can secure coverage with less stress and uncertainty. Built from the ground up, our purpose-driven technology simplifies workflows, enhances responsiveness, and eliminates the burden of outdated legacy systems.

Who is Laplace Risk Solutions

Laplace Risk Solutions, in partnership with Mission Underwriting Managers is an innovative Insurtech startup specializing in Alternative Risk Transfer (ART) solutions. Leveraging a diverse set of tools and techniques, we craft bespoke strategies tailored to the unique needs of our clients - delivering truly innovative and efficient solutions for today’s most complex risk landscapes.

We are seeking a dynamic, forward-thinking Actuary to join our growing team. As a key member of our startup, you will play a critical role in developing cutting-edge insurance products and risk transfer solutions, while actively contributing to the growth of a profitable ART portfolio. Only candidates with an Actuarial background from a P&C Insurer should apply!

What We Offer

• Remote First Work Environment (US Based)
• Medical, Dental, Vision
• 401K, 401K Match
• Life and Disability Benefits
• Unaccrued Paid Time Off
• 11 Paid Holidays
• Employee Discounts
• Employee Assistance Program
• Educational Assistance Program
• Employee Referral Program
• Paid Parental Leave

About The Role

As the Head of Risk Analytics, you will provide actuarial expertise, particularly in Property & Casualty (P&C) insurance and catastrophe (cat) modelling. You will collaborate closely with the internal team to build and refine alternative risk transfer solutions for our clients.

Your insights and modelling will be integral in shaping customized, data-driven risk strategies, enabling clients to make informed decisions and better manage their exposures.

What You'll Do

• Develop, maintain, and enhance P&C actuarial models to assess risk, pricing, and profitability of insurance products.
• Actively participate in business meetings and contribute to business development initiatives within the Alternative Risk Transfer (ART) space by offering actuarial insights and supporting client engagement strategies.
• Lead catastrophe modelling efforts using industry-standard tools to assess and quantify catastrophic risk.
• Conduct sensitivity analysis, stress testing, and scenario modelling to evaluate risk transfer strategies and product performance.
• Collaborate with product and underwriting teams to design and optimize alternative risk transfer structures.
• Utilize @Risk modelling tools and other statistical software to build and refine actuarial models.
• Present findings and recommendations to team members, stakeholders, and clients, providing clear insights into underlying risks and their financial implications.
• Stay current with industry trends, emerging risks, and advancements in modelling techniques to ensure best practices are applied.
• Assist in pricing and structuring non-traditional insurance products for clients within the ART space.
• Develop automated tools and processes to streamline actuarial functions.

Required Qualifications

• 8-10 years of actuarial experience, with a strong focus on P&C insurance and catastrophe modelling.
• Proficiency in @Risk or similar risk modelling tools.
• Experience with Alternative Risk Transfer (ART) structures such as structured insurance, risk retention/financing programs, aggregate loss protection, and captives is a strong plus.
• In-depth understanding of catastrophe risk and the ability to interpret and apply complex models.
• Exceptional analytical and problem-solving skills, with experience managing large and complex datasets.
• Strong communication skills, with the ability to present technical insights clearly to both technical and non-technical audiences.
• Highly proactive and self-motivated, with the ability to thrive in a remote, fast paced, and evolving startup environment.
• Professional actuarial designation preferred (FSA, ASA, or equivalent).

What Laplace Risk Solutions Offers

• Remote-first environment with a flexible work schedule.
• Opportunity to work at the forefront of Insurtech and alternative risk transfer solutions.
• Competitive salary and performance-based incentives.
• Equity participation in a rapidly growing startup.
• A dynamic, collaborative, and innovative work culture.
• Professional development opportunities to grow your career and expand your skillset.

This is a remote position. Planned, in-office activities may be required on occasion (typically 2-4x per year).

You must live in the United States and be authorized to work in the United States without requirement of employment sponsorship/visa.