VP & Actuary

National African-American Insurance Association (NAAIA); Philadelphia (Philadelphia County); On-site; USD 150,000 - 200,000; Full time

Job summary

A leading company is seeking a Vice President & Actuary to spearhead the actuarial strategy for their pet insurance segment. This role involves driving profitability, risk management, and innovation while leading a high-performing team. The VP will provide strategic oversight and collaborate with various teams to ensure compliance and enhance product offerings.

Qualifications

• 10+ years of actuarial experience in health, pet, or personal lines insurance.
• Proven success in managing P&L-impacting actuarial strategies.

Responsibilities

• Lead the actuarial strategy for the pet insurance segment.
• Oversee pricing models, underwriting frameworks, and product segmentation.
• Build and lead a high-performing actuarial team.

Skills

Leadership

Analytical Skills

Problem-Solving

Communication

Education

FSA/FCAS, ASA/ACAS

Job description

Description

Position Overview:

We are seeking a visionary and experienced Vice President & Actuary to lead the actuarial strategy for our pet insurance segment. This position will drive the long-term profitability, risk management, and innovation of our product portfolio. The VP will lead a high-performing actuarial team, provide strategic leadership across the business, and serve as a key voice in guiding enterprise-level decisions.

Key Responsibilities:

• Set the actuarial vision and strategy for the pet insurance business, aligning with corporate goals for growth, profitability, and market leadership.
• Lead actuarial functions such as pricing, filings, and management reporting for the pet insurance line.
• Work closely with the Finance team on the annual planning process, providing loss ratio projections and planning support documents; monitor and revisit loss ratios monthly throughout the year through re-bridging.
• Oversee the development and enhancement of pricing models, underwriting frameworks, and product segmentation strategies.
• Collaborate with the Analytics team in developing new models to support product development, pricing, claim analytics, and distribution strategies, ensuring two-way communication, thorough model review, and successful implementation upon delivery.
• Provide strategic oversight on actuarial inputs to product development, market expansion, and distribution strategy.
• Serve as a key member of the leadership team, offering thought leadership on business planning, risk appetite, and capital efficiency.
• Build and lead a high-performing actuarial team, fostering a culture of innovation, accountability, and professional growth.
• Represent the company in discussions with regulators, reinsurers, partners, and other external stakeholders.
• Ensure actuarial compliance with regulatory standards (ASOPs, NAIC, etc.) and company governance.

Qualifications

Qualifications:

• 10+ years of actuarial experience, with substantial leadership in health, pet, or personal lines insurance.
• FSA/FCAS, ASA/ACAS or equivalent industry qualifications required.
• Demonstrated success in managing P&L-impacting actuarial strategies and cross-functional initiatives.
• Expertise in actuarial modeling, insurance product strategy, and enterprise risk.

Preferred Skills & Characteristics:

• Strong executive presence and communication skills.
• Strategic mindset with deep financial and operational acumen.
• Experience scaling or modernizing actuarial teams and technologies.
• Collaborative leadership style with a focus on outcomes and innovation.
• Excellent analytical and problem-solving skills.
• Strong organizational and documentation skills.
• The ability to prioritize multiple competing deliverables and manage time effectively.