Pricing Actuary

Questpro Consultants LLC; United States; Hybrid; USD 100,000 - 200,000; Full time

Job summary

Questpro Consultants LLC is seeking a Pricing Actuary to join the Product & Pricing team. Work with underwriting and business leaders to shape pricing strategy across a growing portfolio, using data analytics to drive profitability and market share.

You will analyze pricing data, develop models, and collaborate across cross-functional teams to deliver data-driven pricing solutions and reporting.

Qualifications

• Bachelor's degree in Finance, Economics, Business Administration, Mathematics, or a related field.
• Actuarial designation required.
• 5+ years of property/casualty actuarial experience, including rate adequacy and claims data analysis.
• Strong Excel/data analysis tool proficiency.
• SQL, R or similar programming experience preferred.
• Skilled in building presentation-ready exhibits.

Responsibilities

• Analyze pricing data and develop pricing models to maximize profitability.
• Conduct pricing simulations and sensitivity analyses.
• Gather market data to inform pricing decisions.
• Prepare competitive intelligence reports for stakeholders.
• Collaborate with underwriting, sales, and product teams.
• Document pricing policies and improve data accuracy.

Skills

Excel

SQL

R

Data analysis

Education

Bachelor's degree

Actuarial designation

Tools

PowerPoint

Job description

Location

On-site, Hybrid, or 100% Remote

Employment Type

Full-Time

Compensation

$100K–$200K+ (based on experience and credentialing)

About The Opportunity

We're partnering with one of our best and fastest-growing clients — a well-established Property & Casualty insurance organization with three decades of underwriting expertise — to find a talented Pricing Actuary to join their Product & Pricing team. This is a fantastic opportunity to join a company that values innovation and data-driven decision-making, working directly with underwriting and business leaders to shape pricing strategy across a growing portfolio.

What You'll Do

Data Analysis & Pricing Strategy

• Analyze historical pricing data, market trends, and competitive strategies to recommend optimal pricing approaches using mathematics, probability, statistics, and financial expertise
• Develop and implement pricing models and methodologies to maximize profitability and market share
• Conduct pricing simulations and sensitivity analyses to evaluate business impact
• Develop marketplace-appropriate assumptions
• Analyze claims data using existing SQL queries and build new ones as needed
• Support quantitative projects involving claims and/or financial modeling

Market Research & Competitive Analysis

• Identify market opportunities, threats, and trends in transactional underwriting and predictive analytics
• Gather and analyze data from multiple sources to inform pricing decisions
• Prepare competitive intelligence reports and presentations for internal stakeholders

Performance & Reporting

• Develop pricing performance metrics, including price optimization, margin analysis, and price realization
• Prepare reports and presentations on pricing trends, profitability, and KPIs for leadership and market partners
• Produce prospective expected loss ratio (ELR) estimates by state
• Identify improvement opportunities and provide data-driven recommendations

Cross-Functional Collaboration

• Partner with sales, marketing, finance, and product teams to align pricing with business objectives
• Support sales teams with pricing proposals, deal analysis, and customer negotiations
• Contribute to cross-functional projects that enhance pricing capabilities

Process Improvement

• Identify opportunities to streamline pricing processes and improve data accuracy
• Collaborate with IT and operations on pricing tools, systems, and automation
• Develop and document pricing policies, procedures, and best practices

What You Bring

• Bachelor's degree in Finance, Economics, Business Administration, Mathematics, or a related field
• Actuarial designation required
• 5+ years of property/casualty actuarial experience, including rate adequacy and claims data analysis
• Property & Casualty lines experience required; Commercial E&S Property and General Liability experience a plus
• Catastrophe modeling experience a plus
• ACAS or FCAS membership a plus but not required
• Strong Excel/data analysis tool proficiency
• SQL, R, or similar programming experience preferredSkilled in building presentation-ready exhibits
• Strong grasp of standard P&C actuarial pricing methods and concepts
• Excellent verbal and written communication skills

Compensation (Detailed)

$100K–$150K for mid-level candidates (3–5 years); $150K–$200K for senior/credentialed candidates (5+ years)