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Urgent! Senior Actuarial Consultant, Pricing (Small Business) Job Opening In Chicago – Now Hiring The Jonus Group

Senior Actuarial Consultant, Pricing (Small Business)



Job description

Job Description

Job Title: Senior Actuarial Consultant, Pricing (Small Business)

Our client is seeking a Senior Actuarial Consultant, Pricing (Small Business) to join their growing team.

The Senior Actuarial Consultant will develop and recommend actuarial pricing and rating plans of a complex nature for the Small Commercial Business Owners' product.

In this role you will provide insights and analysis for the countrywide book of business influencing pricing decisions and long term pricing strategies.

You will collaborate with business partners at all levels and Actuarial senior leaders and serve as a trusted advisor.

Strongly prefer pricing experience.

Hybrid work schedule (1-2 days in office) at one of the office locations including Chicago, IL; Radnor, PA; Warren, NJ; New York City, NY and Walnut Creek, CA.

Responsibilities:

  • Provide actuarial guidance and establish relationship with business partners and functional subject matter experts

  • Build strong relationships with peers, business partners and leaders in order to influence a specific segment's strategy through the use of actionable insights and analytics.

  • Provide analyses and insights to assist in determining pricing strategy for Small Commercial Business Owners’ product.

    May create and modify existing tools/analytics as needed.

  • Proactively monitor profitability and claim trends for Small Commercial Business Owners’ product and share results with recommendations to leaders and underwriting partners/ claim, underwriting and pricing business partners.

  • Produce highly technical actuarial analyses and reports.

    Communicate findings to other analytical staff and management.

  • Stay up to date in actuarial expertise and industry trends and development.

  • Drive innovation in processes while maintaining clear documentation of methods.

  • Continually improve processes and maintain clear documentation of methods.
  • Qualifications, Education, & Experience:

  • Bachelor’s Degree in a relevant discipline or equivalent.

  • Minimum of seven years of related work experience.

  • ACAS or FCAS designation.

    Must have ACAS as a minimum 

  • Strong knowledge of core functions of an insurance company and actuarial and statistical concepts preferably from a carrier

  • Advanced actuarial technical expertise and product specific knowledge.

  • Ability to effectively communicate and influence using analyses at various levels, including senior leadership.

  • Strong analytical, critical thinking and problem solving skills with the ability to effectively resolve complex situations and issues.

  • Solid project management skills with ability to manage multiple priorities effectively and lead teams.

  • Ability to make critical business decisions effectively within scope of authority.

  • Ability to creatively and effectively manage through ambiguous and challenging problems, leads through change.
  • Compensation Package:

  • Salary range: $130K - $190K, plus bonus 

  • Great health benefits, 401k with company match, flexible PTO

  • Opportunities for career growth and professional development.
  • Disclaimer: Please note that this job description may not cover all duties, responsibilities, or aspects of the role, and it is subject to modification at the employer's discretion.



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    Required Skill Profession

    Mathematical Science Occupations



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