Job Type:
Permanent

Pricing Manager

Role & Team:

The Pricing Manager role is a high impact position for a critical thinker who enjoys applying analytical skills, and innovative thinking to develop, implement, and maintain pricing processes, tools, and strategies in partnership with multiple teams within the organization. This role will work across several lines of business that includes Professional Liability, General Liability, BOP, Management Liability, Cyber and other specialty commercial products.

The primary function of this role will be to assist in developing and implementing rate strategies through deep analysis and managing a rate fling process. This role will manage a small team of analysts that will assist in the execution and implementation of the rate strategy. This role reports directly into the Head of Pricing with the primary objective of creating sustainable and profitable growth for Hiscox USA.

This is a fantastic opportunity to join Hiscox USA, a growing business where your actions will directly and substantially impact the profitability of the company. You will become part of a team that is leading innovation within the company, working to develop and deploy strong pricing capabilities, and building a best-in-class pricing framework.

Key Responsibilities:

• Create, maintain, and streamline a rate filing process that includes rate indications, factor reviews, competitor comparisons, recommendations, impact analysis, and rate filing exhibits.

• Execute on the rate strategy through the management of a team of analysts.

• Manage the implementation of the rate filing by partnering with IT, updating raters, supporting QA, and monitoring post change impacts.

• Support the quarterly rate indication process.

• Understand, communicate, and apply standard actuarial techniques and methodologies.

• Communicate product concerns and recommendations to relevant teams within the organization.

• Develop data processes that include understanding data structures, creating SQL queries, building validation processes, and addressing inconsistencies within the data.

• Function as the primary liaison for several lines of business within the organization for all pricing responsibilities, including product rate adequacy, new product development, strategic change initiatives, rate filings, and other regulatory requirements.

Person Specification:

• 5+ years of actuarial pricing experience preferably in small business commercial or personal lines.
• 5+ CAS exams or already attained the ACAS credentials.
• Education equivalent to a college degree in actuarial science, mathematics, statistics, economics or related field, or the equivalent in related work experience.
• Team leadership experience with project management skills.
• Experience handling and managing rate filings.
• Coding skills in SQL, VBA, and/or R.
• Excellent written and verbal communication skills.
• Strong math, analytical and problem-solving skills.

What Hiscox USA Offers:

• Competitive salary and bonus (based on personal & company performance)
• 401(k) with competitive company matching
• Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)
• Company paid group term life, short- term disability and long-term disability coverage
• 24 Paid time off days, 2 Hiscox Days, 10 paid holidays, and ability to purchase 5 PTO days
• Paid parental leave
• 4 week paid sabbatical after every 5 years of service
• Financial Adoption Assistance and Medical Travel Reimbursement Programs
• Annual reimbursement up to $600 for health club membership or fees associated with any fitness program
• Company paid subscription to Headspace to support employees' mental health and wellbeing
• Recipient of 2024 Cigna's Well-Being Award for having a best-in-class health and wellness program
• Dynamic, creative and values-driven culture
• Modern and open office spaces, complimentary drinks

Salary Range: $140-$200k

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

**Please note that this position is hybrid and requires two (2) days in our office weekly**

About Hiscox USA:

Hiscox USA underwrites small- to mid-market commercial risks through brokers, other insurers and distribution partners and directly to businesses. In 2026, gross written premiums for the segment will represent over $1bn. Circa 50% of the portfolio comprises small commercial business sold either online or through intermediaries, and the remaining 50% represents traditionally traded business intermediated through broking partners including Professions, Crisis Management and Specialist lines such as Media & Entertainment. Hiscox USA has built the digital business since 2010 through ongoing investment in the brand, technology and operational capabilities. The business has pursued an omni-channel approach since inception, and so are less constrained by the channel conflict which affects some competitors. Customers have a choice of buying policies online end-to-end, by connecting with a Hiscox agent over the telephone, or alternatively through a third-party broker or insurance carrier partner. The business follows an 'all roads lead to Hiscox' philosophy, ensuring it is available to do business with target customers whichever way they choose.

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