AVP Insurance Pricing

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Job Description:

  • Formulate pricing strategy in line with corporate objectives
  • Establish key profitability metrics and deliver performance summaries to senior leadership, including identification of trends and comparison of actual and expected results
  • Serve as expert on actuarial pricing work, providing clear explanations of methodologies and results
  • Accountable for the preparation of rate level indications and actuarial support for state filings in line with actuarial standards of practice, internal governance protocols, and state laws and regulations
  • Accountable for rate impact analysis that supports decision-making and rate testing that underlies accurate and efficient rate deployment
  • Work closely with Product & Design teams to inform the design of pricing data management and lead the design and maintenance of tools related to performance monitoring and deployment
  • Work closely with State Management to support data-driven state pricing decisions
  • Collaborate with data scientists and modelers to continuously improve rate segmentation and our understanding of the impact of rate changes
  • Advise Finance on profitability projections
  • Mentor and grow a high-performing team of pricing managers and analysts
  • Promote innovation in pricing data and methodologies, as well as continuous modernization of work products
  • Perform other duties as assigned
  • Conform with all company policies and procedures

Requirements:

  • Bachelor’s Degree or equivalent experience required
  • 8+ years of Actuarial or pricing experience within the property & casualty insurance industry, including at least 4 years in private passenger automobile pricing
  • 3+ years leading direct reports consisting of actuaries, pricing analysts and/or data scientists required
  • Associateship (ACAS) or fellowship (FCAS) with Casualty Actuarial Society required

Benefits:

  • Generous benefits package available on day one to include: 401K matching
  • bonding leave for new parents (12 weeks, 100% paid)
  • tuition assistance
  • training
  • GM employee auto discount
  • community service pay
  • nine company holidays
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About United Kingdom

The United Kingdom is an island nation located on the northwest coast of Europe. The United Kingdom includes the entire island of Great Britain, which includes England, Wales, and Scotland, as well as the northern part of the island of Ireland. The name Great Britain is sometimes used to refer to the United Kingdom as a whole. The capital is London, which is one of the business, financial, and cultural centers of the world. Other major cities are Birmingham, Liverpool, and Manchester in England, Belfast and Londonderry in Northern Ireland, Edinburgh and Glasgow in Scotland, and Swansea and Cardiff in Wales.

Common Interview Questions

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  • What would your first few months look like in this role?
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  • Sell me this pen.
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Educational Qualification

Candidates Who Have Passed Graduate or its Equivalent from a Recognized Board or University Are Eligible For this recruitment. Kindly check the Official Notification for more qualification details. Notification Link Is Given Below.

Document Required

Required Documents for This recruitment: Candidate should have these documents before applying online. Candidates are suggested to read the official notification before applying.

  • Qualification certificate with mark sheets.
  • Passport size photographs.
  • Signature.

How to Apply

All the eligible candidates can apply for this job as mentioned below:

  • Read official notification carefully from the official website.
  • Read notification carefully before applying.
  • Fill the application form (link is given below).
  • Attach required documents and passport size photo with signature.
  • Then submit. Done.