Director & Actuary - GS Professional Liability E&O

Director & Actuary - AM06BE
We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

Overview of the Position:

The position is part of the Global Specialty US Actuarial Pricing team supporting the Financial Lines portfolio. As the lead pricing actuary for Professional Liability E&O, this individual will play a key role in developing pricing strategies, evaluating profitability, and supporting profitable growth. The role partners closely with Underwriting, Finance, Claims, IT, and other actuarial teams and communicates analyses and recommendations to senior leaders. This position also manages two actuarial analysts or associates.

Responsibilities:

As a key member of the Global Specialty Actuarial team, this individual will lead or support rate development, price monitoring, loss-ratio planning, profitability studies, and rate filings, where applicable. The role may also support semiannual reserve studies.

• Develop, enhance, and maintain rating and pricing models.
• Identify and analyze key pricing and profitability benchmarks.
• Develop sophisticated pricing strategies that support profitable growth.
• Analyze internal pricing performance, market trends, and competitor information.
• Develop and maintain price-monitoring tools and reporting.
• Support financial planning through loss-ratio forecasting.

• Collaboration: Share knowledge and work across functions to solve complex business problems.
• Innovation: Identify and implement new approaches, including the use of AI, to improve processes and analytical capabilities.
• Communication: Present actionable analyses and recommendations that support business decisions.
• Leadership and people management: Demonstrate ownership while leading, coaching, and developing two direct reports.

• Undergraduate degree with a major in Mathematics, Actuarial Science or related field of study.
• FCAS preferred.
• Minimum 5 years of Property and Casualty Insurance Actuarial experience.
• Financial Lines (E&O, D&O, EPL, Cyber) experience is preferred, but other experience in supporting lower frequency/higher severity products may also be applicable.
• Effective oral and written communications skills.
• Independently motivated; constantly looks for areas to add value.
• Teamwork skills including ability to effectively collaborate with and influence individuals at different organizational levels.