Ratemaking Actuary

February 19

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Logo of Next Insurance

Next Insurance

Next Insurance is an innovative insurance provider specializing in offering tailored insurance solutions for small businesses. They leverage technology to simplify the process of getting insured, making it more accessible and efficient for entrepreneurs. Next Insurance aims to provide transparent, affordable, and easy-to-understand insurance policies that meet the unique needs of small business owners.

Insurance β€’ Small Businesses β€’ InsureTech β€’ insurtech β€’ Entrepreneurs

501 - 1000 employees

Founded 2016

πŸ’Έ Finance

🀝 B2B

πŸ“‹ Description

β€’ Be the subject matter expert at Next on rate indications and pricing strategies for multiple lines of business, ensuring pricing adequacy and profitability β€’ Evaluate loss trends, frequency, and severity across lines of business to provide actionable recommendations to leadership. β€’ Conduct competitor and market research to guide strategic pricing decisions and maintain competitive positioning. β€’ Provide senior management with clear, data-driven recommendations on pricing adequacy, loss ratios, and emerging trends. β€’ Provide ad hoc support to other business partners, including but not limited to reinsurance, finance, distribution, claims, and growth teams. β€’ Develop high-quality, efficient processes that can adapt and scale to meet evolving business needs.

🎯 Requirements

β€’ FCAS (preferred) / ACAS credentials mandatory β€’ 6+ years of actuarial experience; ideally in commercial insurance pricing β€’ Accountability and pride in own work product - instill confidence in leadership β€’ Communication and collaboration - work effectively with cross functional partners β€’ Gritty, self-driven personality - embrace challenges and are excited about unexplored possibilities β€’ Intellectual curiosity - dig deep and solve complex business problems β€’ Leadership mindset - identify business needs and drive solutions to meet them β€’ Expertise with some or all of the following software: Tableau, SQL, Python, MS Office, Google Suite

πŸ–οΈ Benefits

β€’ Partially subsidized medical plan β€’ Fully subsidized vision/dental options β€’ Life insurance β€’ Disability insurance β€’ 401(k) β€’ Flexible paid time off β€’ Parental leave β€’ Equity incentive program

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