PURE Group of Insurance Companies

Associate Actuary

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years of actuarial pricing experience in P&C insurance, focused on Personal Home and/or Auto lines.
  • ACAS designation from the Casualty Actuarial Society.
  • Strong understanding of actuarial ratemaking methodologies.
  • Proficient with analytical tools like SAS, SQL, R, or Python.
  • Ability to communicate complex technical information to various audiences.
  • Team player with leadership capabilities.

Responsibilities

  • Develop internal pricing indications for home and auto, supporting strategic decisions.
  • Refine pricing methodologies to enhance actuarial processes.
  • Conduct comprehensive pricing studies and analyses for strategic guidance.
  • Align pricing strategies with product management and company objectives.
  • Manage state-level pricing and ensure compliance in filings.
  • Create tools and processes for efficient pricing operations.
  • Communicate results and recommendations effectively to stakeholders.

Benefits

  • Comprehensive health insurance packages.
  • 401(k) plan with company match.
  • Flexible work schedules and remote work options.
  • Professional development opportunities.
  • Employee assistance programs for well-being.
Full Job Description
About the role:

We are seeking an Associate Actuary of Pricing who will play a central role in shaping PURE's pricing strategy across Homeowners, Auto, Excess Liability, and other lines of business. This position is ideal for someone who enjoys analytical work, building sound methodologies, and balancing countrywide pricing strategy with state-level execution.

You will be a key contributor to the Actuarial Pricing team, working closely with actuaries, analysts, and product managers. Your work will help ensure that PURE's pricing remains competitive, compliant, and aligned with our long-term objectives.

What you'll do:
  • Develop internal home and auto indications to support strategic decision-making and state rate filings.
  • Refine pricing methodologies to strengthen PURE's actuarial framework.
  • Conduct countrywide pricing studies and ad-hoc analyses that guide strategic decision-making.
  • Partner with product and actuarial teams to align pricing approaches with PURE's goals and member needs.
  • Oversee state-level pricing and filing responsibilities, ensuring accuracy and regulatory compliance.
  • Build tools and processes that enhance efficiency and consistency across pricing work.
  • Clearly communicate results, recommendations, and timelines to management and key stakeholders.
  • Maintain awareness of industry trends, regulatory developments, and market dynamics that influence pricing.


What you'll need:
  • 3-5 years of actuarial pricing experience in P&C insurance, preferably in Personal Home and/or Auto lines of business.
  • ACAS designation within the Casualty Actuarial Society.
  • Strong knowledge of actuarial ratemaking methodologies and best practices.
  • Proven ability to apply analytical and quantitative skills to complex problems.
  • Experience with SAS, SQL, R, Python, or other data analysis tools.
  • Strong communication skills, with the ability to explain technical findings to both actuarial and non-actuarial audiences.
  • Ability to lead and collaborate in a team-oriented environment.


The base salary for this role can range from $95,000 to $110,000 based on a full-time work schedule. An individual's ultimate compensation will vary depending on job-related skills and experience, geographic location, alignment with market data, and equity among other team members with comparable experience.

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About PURE Group of Insurance Companies

PURE Group of Insurance Companies is a property and casualty insurance company that specializes in high net worth insurance. The company was founded in 2006 and is headquartered in White Plains, New York. PURE offers coverage for homes, automobiles, jewelry, art, personal liability, and watercraft. The company is known for its focus on risk management and loss prevention, and offers a range of services to help policyholders protect their assets. PURE has received numerous awards for its customer service and claims handling, and has been recognized as one of the fastest-growing companies in the United States.
Learn more about PURE Group of Insurance Companies
Size
900 employees
Industry
Net Income
$50 million
Founded
2006
5 Year Trend
+20%
Revenue
$1 billion

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