Senior Pricing Analyst

HINCX Hiscox Inc.; New York (NY); Hybrid; USD 110,000 - 160,000; Full time

Benefits offered by this job

401(k) with company matching

Health insurance

Paid time off

Job summary

Hiscox USA is seeking a Senior Pricing Analyst to join the actuarial pricing team. The role involves developing rate strategies, conducting independent analysis, and supporting pricing processes across multiple lines of business including Professional Liability, General Liability, BOP and Cyber.

You will partner with pricing managers to drive profitable growth and build pricing tools and dashboards. Ideal candidates have 3+ years in P&C actuarial pricing, 5+ CAS exams, a quantitative degree, and

Qualifications

• 3+ years of P&C actuarial pricing experience
• 5+ CAS exams pursued with ACAS/FCAS in view
• Bachelor's degree in actuarial science, mathematics, statistics, economics or related field
• Hands-on experience preparing rate filings and handling DOI objections
• SQL proficiency; familiarity with Python, R or VBA

Responsibilities

• Design pricing frameworks for new products; select rating variables, base rates, and reliabilities
• Prepare state filings, actuarial memoranda, and exhibits for product approvals
• Maintain rate change processes, indications, competitor comparisons and rate filings
• Collaborate with IT to update raters and policy administration systems; monitor post-change metrics
• Perform profitability reviews and translate findings into pricing and underwriting recommendations
• Partner with Product, Underwriting and Distribution on segment pricing strategy and planning
• Monitor market activity, regulatory developments, and pricing trends
• Build SQL queries, validation routines, and dashboards for pricing insights
• Apply actuarial methods including GLMs; contribute to model governance and documentation
• Present findings to technical and non-technical stakeholders

Skills

P&C pricing

CAS exams

SQL

Python or R

VBA

communication

project management

Education

Actuarial degree or quantitative field

Tools

Python

R

VBA

Job description

Job Type: Permanent. Build a brilliant future with Hiscox Senior Pricing Analyst Actuarial Pricing — Hiscox USA.

Role & Team: The Senior Pricing Analyst role is an associate-level position for a critical thinker who enjoys applying analytical skills & innovative thinking to support pricing processes, tools, and strategies in partnership with multiple teams within Hiscox. This role will work across several lines of business that include Professional Liability, General Liability, BOP, Management Liability, Cyber and other specialty commercial products. The primary function of this role will be to assist in developing and implementing rate strategies through deep independent analysis in partnership with fellow pricing analysts and managers. This role reports to a Pricing Manager, with the primary objective of creating sustainable and profitable growth for Hiscox USA. This is a fantastic opportunity to join Hiscox USA, a growing business where your actions will directly and substantially impact the profitability of the company. You will become part of a team that is leading innovation within the company, working to develop and deploy strong pricing capabilities, and building a best-in-class pricing framework.

Key Responsibilities

• Rating plan design: Develop pricing frameworks for new products, including selection of rating variables, base rates, relativities, and tiering appropriate for small business commercial risks.
• Launch filings & monitoring: Prepare state filings, actuarial memoranda, and supporting exhibits for new product approvals; track early performance against pricing assumptions and recommend adjustments as experience emerges.
• Rate review & filings: Create, maintain, and streamline the rate change process, including rate indications, factor reviews, competitor comparisons, impact analysis, rate filings, and handle DOI objections.
• Implementation & monitoring: Partner with IT to update raters and policy admin systems, support QA and UAT, and track post-change impacts on premium, mix, retention, hit ratios, and loss ratio.
• Profitability reviews: Perform product, class, segment, and portfolio profitability reviews, translating findings into actionable pricing and underwriting recommendations.
• Strategy & planning: Partner with Product, Underwriting, and Distribution leadership on segment-level pricing strategy — risk selection, tiering, and mix management — and contribute to annual planning discussions.
• Market monitoring: Track competitor rate activity, market cycle indicators, and regulatory developments, and assess implications for the book.
• Data & tools: Build SQL queries, validation routines, and reusable tools, templates, and dashboards that give the team and business partners faster access to pricing insights.
• Actuarial methods & governance: Apply standard actuarial techniques including GLMs and other multivariate approaches; contribute to model documentation and peer review protocols.
• Communication: Present findings to technical and non-technical stakeholders.

Person Specification

Required:

• 3+ years of P&C actuarial pricing experience, preferably in small business commercial and/or personal lines.
• 5+ CAS exams passed, with clear intent to pursue ACAS/FCAS; bachelor's degree in actuarial science, mathematics, statistics, economics, or a related quantitative field (or equivalent experience).
• Hands-on experience preparing and managing rate filings and handling DOI objections.
• SQL proficiency required; working knowledge of at least one of Python, R, or VBA.
• Project management and workstream ownership experience across multi-team initiatives; strong written and verbal communication and analytical skills.

Preferred:

• Direct experience contributing to a US P&C new product launch or material rating plan overhaul.
• Experience with GLM-based rating plans or other multivariate pricing models; familiarity with SERFF and specialty commercial lines (Professional Liability, Management Liability, Cyber, GL, BOP).

Hiscox Values

• At Hiscox our spirit is in Challenging Convention and everything we do is guided by our Values.
• Courage: Dare to take a risk
• Ownership: Passionate, commercial and accountable
• Integrity: Do the right thing, however hard
• Connected: Together, build something better
• Human: Clear, fair and inclusive

What Hiscox USA Offers

• Competitive salary and bonus (based on personal & company performance)
• 401(k) with competitive company matching
• Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)
• Company paid group term life, short-term disability and long-term disability coverage
• 24 Paid time off days, 2 Hiscox Days, 10 paid holidays, and ability to purchase 5 PTO days
• Paid parental leave
• 4 week paid sabbatical after every 5 years of service
• Financial Adoption Assistance and Medical Travel Reimbursement Programs
• Annual reimbursement up to $600 for health club membership or fees associated with any fitness program
• Company paid subscription to Headspace to support employees’ mental health and wellbeing
• Recipient of 2024 Cigna’s Well-Being Award for having a best-in-class health and wellness program
• Dynamic, creative and values-driven culture
• Modern and open office spaces, complimentary drinks
• Salary Range: $110-$160k

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. **Please note that this position is hybrid and requires two (2) days in our office weekly**

About Hiscox USA: Hiscox USA underwrites small- to mid-market commercial risks through brokers, other insurers and distribution partners and directly to businesses. In 2026, gross written premiums for the segment will represent over $1bn. Circa 50% of the portfolio comprises small commercial business sold either online or through intermediaries, and the remaining 50% represents traditionally traded business intermediated through broking partners including Professions, Crisis Management and Specialist lines such as Media & Entertainment. Hiscox USA has built the digital business since 2010 through ongoing investment in the brand, technology and operational capabilities. The business has pursued an omni-channel approach since inception, and so are less constrained by the channel conflict which affects some competitors. Customers have a choice of buying policies online end-to-end, by connecting with a Hiscox agent over the telephone, or alternatively through a third‑party broker or insurance carrier partner. The business follows an ‘all roads lead to Hiscox’ philosophy, ensuring it is available to do business with target customers whichever way they choose.

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Work with amazing people and be part of a unique culture If you want to help build a brilliant future; work with amazing people; be part of a unique company culture; and, of course, enjoy great employee benefits that take care of your mental and physical wellbeing, come and join us.

We’re a global, specialist insurer headquartered in Bermuda and listed on the London Stock Exchange. With 3,000 employees and 32 offices in 12 countries we’re a business with lots of opportunity for people with talent, spark and lots of ambition. If you want to build a great career with a company that prioritises strong values – such as integrity and courage – where our people always pull together to do the right thing for each other and our customers, then we’d love to hear from you.