Pricing Actuary – Casualty Analytics & Data-Driven Pricing

Vantage Risk Companies; Chicago (IL); Hybrid; USD 160,000 - 215,000; Full time

Job summary

Vantage Group Holdings Ltd. (Vantage) is seeking an experienced Pricing Actuary, Casualty to advance its pricing capability across the Casualty units in the US and Bermuda. You will partner with Underwriting, Data, Analytics & Technology, and pricing teams to develop models and monitor performance.

The ideal candidate holds ACAS designation, 8+ years of long-tail pricing experience, and strong SQL/Python/R skills. The role offers flexible work arrangements with travel as needed.

Qualifications

• Bachelor’s degree in actuarial science, mathematics, finance, statistics, economics, or a related field.
• 8+ years of actuarial pricing experience, including meaningful recent experience in long tail commercial lines pricing.
• Associate of the Casualty Actuarial Society (ACAS) Designation required.
• Primary or excess casualty pricing experience with deep knowledge of commercial auto, general liability and construction risks.
• Experience in scripting or programming language (SQL and R or Python).
• Experience working with both admitted and non-admitted products a plus.
• Experience with predictive analytics a plus.
• Strong communicator with proven track record of collaborating with underwriters and portfolio leaders.

Responsibilities

• Deeply engage with the Excess Casualty and Primary GL underwriting teams at both front line and leadership level.
• Proactively identify opportunities for profitable growth or areas of underwriting concern.
• Build, maintain, and scale rating and pricing models to support the Casualty business units.
• Ensure consistency in pricing practices across the Casualty business units as appropriate.
• Engage with Underwriting teams to price large accounts.
• Deep engagement and collaboration with the broader Insurance pricing team, currently comprised of 15 pricing actuaries working across all products offered by Vantage Insurance.
• Pricing support and portfolio monitoring for a public entity liability portfolio with whom Vantage has a delegated authority relationship.
• Perform other actuarial services including, but not limited to monthly rate monitoring, profitability and rate adequacy studies, portfolio segmentation analysis, rate filing support, competitor research, treaty reinsurance support, and working with underwriters to communicate the health of the business to company leadership.
• Find innovative and creative ways to leverage data and analytics to support the pricing and underwriting functions.
• Combine the best of actuarial pricing techniques, data science and technology, by partnering closely with colleagues from our Data, Analytics & Technology team.
• Ensure actuarial best practices in all work by staying current on industry trends, tools, and actuarial techniques.

Skills

Pricing models

Data analysis

Communication

SQL

Python

R

Education

ACAS designation

Bachelor’s degree in actuarial science, mathematics, finance, statistics, economics, or related field

Job description

Vantage Group Holdings Ltd. (Vantage) is seeking an experienced Pricing Actuary, Casualty to advance its pricing capability across the Casualty units in the US and Bermuda. You will partner with Underwriting, Data, Analytics & Technology, and pricing teams to develop models and monitor performance.

The ideal candidate holds ACAS designation, 8+ years of long-tail pricing experience, and strong SQL/Python/R skills. The role offers flexible work arrangements with travel as needed.