Our Northern California Insuretech client is seeking a Lead Actuary to sit in Silicon Valley and report to the head of actuarial, underwriting, risk management, and product management. In this role, you will be setting the strategy and taking a hands on approach to create new insurance products, manage pricing strategies and profitability.
This role is ideal for someone who is currently in a product or underwriting role, perhaps you even tried out being an actuary in a traditional environment and determined it wasn't the right fit. Since you'll be #2 in command, having a strong vision of how risk management flows and engaging your team will be critical. This is a start-up environment, so it's paramount to produce good work quickly that is error free, which no doubt you'll have under control because you'll be #2!
You will create frameworks and conduct thorough analyses for pricing and underwriting profitability reviews which will include robust, analytical, demonstration of knowledge in trends, competitive intelligence and risk management
You will have a strong understanding of the products and geographies you support which translates into managing the portfolio, design and rate filings in ways that maintain profitability and expand the current offerings
You will be up to data on regulatory requirements to ensure pricing guidelines and filings are in compliance
You will manage close relationships with your team and actuarial vendors, providing regular guidance and inspiration
You have the tact to work well with others in different departments, for example: Sales, Marketing, Finance, Compliance, Technology, Operations teams
You believe in using the best modeling and data science techniques influenced by data both internally and externally, to support underwriting and pricing in the filing process
You will always have process efficiency top of mind, leveraging technology that supports scalability in a lean environment
Qualified candidates should have at least 7 years of experience in the insurance actuarial field, demonstrated people management and leadership skills, detailed understanding of pricing and trends, project management and problem solving experience, proficiency in languages like R, SAS, STATA, Homeowners experiences is a plus
Additional Salary Information: Equity
Internal Number: 42798
About Galecki Search Associates
Galecki Search Associates is a boutique search firm offering a customer-centric, bespoke recruitment experience to actuaries, data scientists, analytics professionals, and to those that hire them. We do this by forging meaningful relationships with companies and candidates through unparalleled market knowledge and understanding of the recruitment process from multiple perspectives. We can be reached at (844) GALECKI (425-3254) or email@example.com.
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