Your Role on the Expedition: This position will play a pivotal role in shaping the pricing and regulatory filing strategy for the company's countrywide travel insurance portfolio and associated commercial insurance programs. The Rate Development Manager will lead complex, multi-state rate development and filing initiatives while partnering closely with Product Development and Underwriting to deliver innovative, market-ready solutions for our partners. The position requires strong GLM modeling and ratemaking expertise, and the ability to apply rigorous actuarial analysis and first-principles to a specialized line of business. This position collaborates with leadership and stakeholders across the organization, may supervise other Actuarial staff, and reports to the VP, Product Development & Analytics.
Chart Your Course: - Own, manage, and continuously improve the end-to-end rate development and rate filing process.
- Lead ratemaking analyses, rate indications, experience studies, and GLM modeling to support the development and ongoing updates to the company's countrywide rate manuals.
- Develop rates for new coverages, perils, and programs, including offerings that may not currently exist in the market.
- Conduct, manage, and present dislocation and rate manual calibration analyses to support stakeholder alignment and stakeholder approval to file proposed rates and rate changes.
- Oversee the preparation of actuarial memoranda, exhibits, and rate manuals for 50-state filings.
- Manage filing timelines and communicate progress, risks, and mitigating solutions to stakeholders throughout the filing and approval process.
- Manage and enhance rating tools used by the Underwriting team to price new opportunities based on approved state rate manuals, including supporting documentation and training materials.
- Perform regular market and competitor intelligence analyses to inform the company's product development and pricing strategies
Your Ticket to Success: Requirements:
- Proven Insurance FP&A experience in Insurance.
- 8+ years of audit/financial reporting experience in the Insurance Industry.
- 5+ years in Finance related field.
- 5+ years of team management.
- Strong knowledge of cost control, budgeting, accounting, and finance principles including Generally Accepted Accounting Principles.
- Strong analytical thinking and a detail-oriented mindset.
- Strong technical skills including IFRS 17 and US GAAP?experience.
- Strong skills with managerial reporting (instead of statutory reporting).
- Strong skills with Power Point presentation and report creation (from excel cube base) are a must.
- Experience with multiple accounting and financial reporting systems.
Preferred:
- Public accounting (Big Four) and experience with multi-national publicly-traded company is a plus.
- Proficient with IFRS and NAIC (Association Insurance Commissioners) requirements.
- National US GAAP and local US reporting requirements are a plus.
Education/Certifications: - High School Diploma or Equivalent (GED) required.
- B.A. or B.S. degree in finance/economics/accounting.
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.
One team. Every destination. Redion is proudly part of the Generali Group and our products utilize a number of corporate and product brands. The brands for our North American team include the following:
- Redion Insurance Services, Inc.: US travel insurance brand for retail, tour operator, cruise and lodging partners. Learn more here .
- Redion US Holdings: 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 .
- Redion Medical Management, Inc.: 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 Redion, 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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