TEAM: ACTUARIAL & ANALYTICS SERVICES – NORTH AMERICA

TITLE: VICE PRESIDENT, HEAD OF PRICING & GROWTH ANALYTICS

REPORTING STRUCTURE: SVP, CHIEF ACTUARY, HEAD OF ACTUARIAL & ANALYTICS SERVICES 

JOB LOCATION: REMOTE U.S.A

 ABOUT US

Xceedance is a global provider of strategic consulting and managed services, technology, data sciences, and blockchain solutions to insurance organizations. Domiciled in Bermuda, with offices in the United States, United Kingdom, Liechtenstein, Switzerland, Poland, India, and Australia, Xceedance helps insurers launch new products, drive operations, implement intelligent technology, deploy advanced analytic capabilities, and achieve business process optimization.

 Led by the Chief Actuary, Xceedance recently announced the expansion of global Actuarial and Analytics (A&A) Services to better align with the strategic objectives and commitments of insurance organizations. The expanded capabilities, featuring advisory, consulting, and enablement services, include:

• Staff Enablement
• Technology Enablement
• Pricing and Growth Analytics
• Reserving and Claims Analytics
• Data Sciences
• Admitted Market Management

 ROLE AND RESPONSIBILITIES

This role reports directly to the Chief Actuary and is responsible for overseeing the Pricing and Growth Analytics (P&GA) function in North America.  In addition to working independently and in teams on internal initiatives, this role also participates in client engagements, relationship management

 Manages team members through global matrix organizational structure

• Works collaboratively with the A&A Account Executive on client engagements and drive usage of A&A services
• Peer reviews work done by other A&A team members
• Leads P&GA R&D initiatives
• Demonstrate leadership in the insurance industry via
  • Thought leadership articles and white papers
  • Presentations at industry events
  • Participate in podcast/blog discussions
  • Contributing to actuarial literature
• Represent Xceedance at industry events
• Brings technical and subject matter expertise to all P&GA related discussions
• Implement ISO rating plans as well as develop proprietary rating plans for clients
• Provide support for rate/rule filings and engage with DOIs as needed to get approval
• Oversees the development and enhancement of pricing tools

  WHO YOU ARE

• Self starter
• Collaborative
• Teacher
• Leader
• Loves to learn
• Passionate about process improvement and technology
• See's insurance as a means to making the world a better place
• Comfortable working in a matrix organization
• Can effectively collaborate with C-Suite
• R&D oriented, bringing creative and actuarial sound solutions
• In constant pursuit of a better way
• Thrives in fast pace environment
• Project and process oriented

 EXPERIENCE & QUALIFICATIONS

• FCAS
• Strong research and analytical skills
• 15 years+ of insurance industry experience
• Effective verbal and writing communication skills
• Experience in Personal Homeowners & Auto, Commercial Prop, GL, Auto. Exposure to other LOBs and specialty lines preferred
• Performed profitability studies, competitor analysis, and price monitoring
• Supported UW in Individual/large account pricing
• Determining the appropriate profit & contingencies load for a given LOB
• Created and presented management reports, including at the distribution/agency level
• Interfaced with UW, Product Development, and IT on technology initiatives
• Worked with reserving team to reconcile differences in actuarial assumptions
• Capital Allocations (preferred)
• Consulting experience (preferred)
• Experience with pricing predictive modeling methodologies and best practices (preferred)
• Reinsurance experience (preferred)
• Marketing analytics experience (preferred)
• Demonstrated leadership in the insurance industry and/or Actuarial Society Committee (preferred)

 LOCATION

• Work from anywhere in the U.S with access to virtual workspace
• Ability to travel 15% to 30% of the time with occasional international trip

 COMPENSATION STRUCTURE

• Base Salary
• Bonus
• Paid Time Off
• Full benefits package - Medical, Dental, Vision
• Short & Long-term Disability
• Life Insurance