Job Description

• Develop and maintain renewal pricing and actuarial analyses for Commercial Lines insurance portfolios using HX Renew and related pricing platforms
• Perform independent research, data analysis, and portfolio reviews to support renewal pricing strategies and business objectives
• Work closely with actuarial, underwriting, product management, and client teams to evaluate renewal performance and recommend pricing actions
• Analyze renewal retention, rate adequacy, profitability trends, and policyholder behavior across Commercial Lines portfolios
• Support pricing model implementation, testing, validation, and deployment within HX Renew and associated rating systems
• Prepare detailed documentation, actuarial reports, pricing recommendations, and management presentations
• Assist in monitoring competitor pricing activities, market trends, emerging risks, and underwriting actions to support strategic decision-making
• Collaborate with underwriting, product, and technology teams on pricing enhancements, workflow improvements, and regulatory initiatives
• Support state filing activities, pricing governance reviews, model validation exercises, and audit requirements
• Contribute to development and maintenance of rating algorithms, pricing models, renewal optimization frameworks, and actuarial tools
• Strong understanding of Commercial Lines rating structures, rate tables, pricing algorithms, and renewal pricing methodologies
• Experience working with HX Renew and insurance pricing and rating platforms
• Analyze renewal business performance including retention, premium change, rate change, loss ratio, renewal conversion, and profitability metrics
• Interact with clients and business stakeholders regularly to gather requirements and translate them into actuarial and pricing solutions
• Support rate reviews, pricing indications, renewal monitoring, and portfolio management initiatives
• Perform pricing model testing, validation, implementation support, and post-deployment monitoring
• Conduct advanced data analysis, including trend studies, predictive insights, segmentation analysis, and profitability assessment
• Work with underwriting and product teams to evaluate impacts of pricing changes on customer retention and profitability
• Ensure pricing solutions comply with regulatory requirements, governance standards, and actuarial best practices

Excellent written and verbal communication skills with ability to explain complex actuarial concepts to non-technical audiences

• Bachelor's/Master's degree in Actuarial Science, Mathematics, Statistics, Economics, Engineering, Data Science, or a related quantitative discipline
• Affiliation with IAI, IFOA, CAS, or other recognized actuarial bodies with progress in actuarial examinations
• 3-5 years of experience in Commercial P&C actuarial pricing, renewal analytics, portfolio management, or predictive modeling
• Exposure to US Commercial Lines insurance markets, including products such as BOP, CPP, Commercial Auto, Workers Compensation, and General Liability
• Strong understanding of actuarial pricing concepts including rate indications, loss cost modeling, retention analysis, and profitability management
• Experience with HX Renew or comparable insurance pricing and rating platforms is highly preferred
• Proficiency in Excel and at least one programming language/tool such as Python, SAS, R, SQL, or VBA
• Strong analytical, problem-solving, and data interpretation skills
• Ability to manage multiple priorities in a fast-paced and evolving environment
• Excellent stakeholder management and client-facing communication skills
• Experience working in cross-functional and global teams
• Excellent time and work management skills with a strong focus on quality and delivery
• Self-driven individual with the ability to take ownership of complex actuarial and pricing initiatives