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Lead Assistant Manager

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Discussion
  • Develop and maintain renewal pricing and actuarial analyses for Commercial Lines insurance portfolios using HX Renew and related pricing platforms
  • Perform independent research, data analysis, and portfolio reviews to support renewal pricing strategies and business objectives
  • Work closely with actuarial, underwriting, product management, and client teams to evaluate renewal performance and recommend pricing actions
  • Analyze renewal retention, rate adequacy, profitability trends, and policyholder behavior across Commercial Lines portfolios
  • Support pricing model implementation, testing, validation, and deployment within HX Renew and associated rating systems
  • Prepare detailed documentation, actuarial reports, pricing recommendations, and management presentations
  • Assist in monitoring competitor pricing activities, market trends, emerging risks, and underwriting actions to support strategic decision-making
  • Collaborate with underwriting, product, and technology teams on pricing enhancements, workflow improvements, and regulatory initiatives
  • Support state filing activities, pricing governance reviews, model validation exercises, and audit requirements
  • Contribute to development and maintenance of rating algorithms, pricing models, renewal optimization frameworks, and actuarial tools
  • Strong understanding of Commercial Lines rating structures, rate tables, pricing algorithms, and renewal pricing methodologies
  • Experience working with HX Renew and insurance pricing and rating platforms
  • Analyze renewal business performance including retention, premium change, rate change, loss ratio, renewal conversion, and profitability metrics
  • Interact with clients and business stakeholders regularly to gather requirements and translate them into actuarial and pricing solutions
  • Support rate reviews, pricing indications, renewal monitoring, and portfolio management initiatives
  • Perform pricing model testing, validation, implementation support, and post-deployment monitoring
  • Conduct advanced data analysis, including trend studies, predictive insights, segmentation analysis, and profitability assessment
  • Work with underwriting and product teams to evaluate impacts of pricing changes on customer retention and profitability
  • Ensure pricing solutions comply with regulatory requirements, governance standards, and actuarial best practices

Excellent written and verbal communication skills with ability to explain complex actuarial concepts to non-technical audiences

  • Bachelor's/Master's degree in Actuarial Science, Mathematics, Statistics, Economics, Engineering, Data Science, or a related quantitative discipline
  • Affiliation with IAI, IFOA, CAS, or other recognized actuarial bodies with progress in actuarial examinations
  • 3-5 years of experience in Commercial P&C actuarial pricing, renewal analytics, portfolio management, or predictive modeling
  • Exposure to US Commercial Lines insurance markets, including products such as BOP, CPP, Commercial Auto, Workers Compensation, and General Liability
  • Strong understanding of actuarial pricing concepts including rate indications, loss cost modeling, retention analysis, and profitability management
  • Experience with HX Renew or comparable insurance pricing and rating platforms is highly preferred
  • Proficiency in Excel and at least one programming language/tool such as Python, SAS, R, SQL, or VBA
  • Strong analytical, problem-solving, and data interpretation skills
  • Ability to manage multiple priorities in a fast-paced and evolving environment
  • Excellent stakeholder management and client-facing communication skills
  • Experience working in cross-functional and global teams
  • Excellent time and work management skills with a strong focus on quality and delivery
  • Self-driven individual with the ability to take ownership of complex actuarial and pricing initiatives

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