Pricing Manager, Actuary

Generali Global Assistance

$150K — $200K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4+ years of related experience
  • 2+ years in a leadership role
  • Extensive knowledge of industry concepts and practices
  • Bachelor's degree from an accredited institution
  • ACAS preferred

Responsibilities

  • Perform profitability analysis at product and account levels
  • Manage the company's pricing segmentation methodology
  • File and secure approval for rating structures
  • Monitor and advise on underwriting profitability
  • Collaborate with various teams on market trends
  • Support the budget and forecasting process
  • Lead staff in refining pricing methods and models

Benefits

  • Hybrid work schedule with 2-3 days in the office
  • Flexible working hours during the week
  • Opportunities for professional development
  • Supportive culture for diversity and inclusivity
  • Involvement in product innovation and development
Full Job Description
Pay Range: $150,000.00 - $200,000/yr

Your Role on the Expedition:

This position is responsible for managing the Pricing function and directs the work of junior and senior actuarial analysts. This position is a technical expert on pricing, monitoring underwriting results, and other actuarial valuation functions. Responsible for planning and directing complex financial and actuarial activities in conjunction with product implementations by performing the duties listed below, personally or through staff. This position works with all management levels across the organization, and is a direct report to the Chief Insurance Officer.

Chart Your Course:
  • Performs analysis on profitability at a product and account level resulting in recommended actions to achieve company targets
  • Responsible for the company's rate level indication and pricing segmentation methodology. Works with Chief Insurance Officer in improving such methodology and quality of calculations by researching, developing and adopting most appropriate actuarial techniques for the company's type of business
  • Files and gains approval of rating structure and rate levels of all products
  • Tracks the underwriting profitability of lines of business and accounts. Advises Chief Insurance Officer when lines of business are performing poorly, identifying root causes and recommending strategies and tactics to improve performance
  • Coordinates with Management Team, Sales, Product and Finance to respond to product, account and market trends
  • Supports the budget and forecasting process as needed by assessing impacts of changing rate levels
  • Directs staff to continuously refine methods and models to determine pricing and profitability more accurately
  • Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculation in insurance and services
  • Work with product implementations to develop and price new product features
  • Assist in the Identification and recommendation of product features for prospective accounts
  • Oversees the installation and initial quality assurance testing of product parameters, prices and commission models into Company's operating system
  • Coordinates with Business Excellence, IT, Reconciliation and Product Team to develop creative solutions to implementation challenges in order to meet customer needs
  • Build and maintain a high performance team based culture through effective performance management, career development, communication and coaching of staff
  • Manage all personnel activities of staff (i.e., hires, trains, rewards, motivates, disciplines, terminates, performance reviews, and pay discussions)

Your Ticket to Success:

Required Qualifications:
  • Four or more years related experience
  • Two or more years in a leadership or management position
  • Extensive knowledge concepts, practices and procedures in the field

Education/Certification:
  • High School Diploma or Equivalent (GED) required.
  • Bachelor's degree (B. A.) from four-year college or university
  • ACAS (Preferred)

Position Coordinates:

This is a hybrid role based out of our San Diego, CA office. As a hybrid role, you will be working onsite 2-3 days a week and working from home 2-3 days a week.

Time for Take-off:

While there is some flexibility in the hours, this position will be Monday-Friday during regular business hours (approximately 8:00am-5:00pm). Occasional overtime may be required according to business need.

Position Coordinates:

This is a hybrid role based out of our _ office. As a hybrid role, you will be working onsite 2-3 days a week and working from home 2-3 days a week.

One team. Every destination.

Generali Global Assistance is proudly part of the Europ Assistance Group and our products utilize a number of corporate and product brands. The brands for our North American team include the following:
  • CSA: US travel insurance brand for retail, tour operator, cruise and lodging partners. Learn more here .
  • Generali Global Assistance (GGA): The primary Corporate brand in the United States for our travel insurance, travel assistance, identity and cyber protection, and beneficiary companion products. Learn more here .
  • GMMI: the industry standard for global medical cost containment and medical risk management solutions. Learn more here .
  • Iris, Powered by Generali: identity and digital protection solution. Learn more here .


Explore new horizons • apply today!

Don't meet every single requirement? At Generali Global Assistance, we are dedicated to building a diverse, inclusive and enriching workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.

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