Job Description

Pricing Actuary

Fortegra is seeking a talented pricing actuary to assist with a wide variety of projects. This role offers an exciting opportunity to apply your expertise while broadening your skill set through diverse pricing and reserving tasks.

This position is ideal for an actuary eager to make an impact and expand their professional horizons.

Key Responsibilities

• Assist senior actuaries in review of new program opportunities.
• Identify areas of strong profitability for growth and underperforming segments for contraction or exit.
• Collaborate with the CAT modeling and reinsurance team to assess and address segments driving PMLs.
• Clearly and concisely present findings and recommendations to a range of stakeholders, including senior actuarial management, underwriting teams, compliance officers, external MGA partners, and regulators.
• Perform regular rate indications for all states and programs using standard actuarial methods.
• Recommend rate actions with a focus on profitability while considering market conditions and regulatory constraints.
• Research peer company filings and develop adequate and supportable rates where no data is available.
• Prepare rate filing analyses and exhibits, ensuring alignment with state-specific requirements and filing checklists.
• Address DOI objections strategically, promptly and effectively.
• Coordinate with compliance to ensure timely filing submissions.
• Support additional initiatives, such as reserve reviews for assigned segments, and data calls.

The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.

Qualifications

• 5+ years of experience.
• 5+ actuarial exams completed, with a commitment to pursuing CAS designation; other insurance designation (CPCU, ARe etc.) a plus.
• Proficiency in MS Excel.
• Knowledge of SQL, Python or other programming languages is preferred.
• A proactive, creative approach to problem-solving.
• Exceptional interpersonal skills, with the ability to communicate complex results to diverse audiences.
• Strong organizational and prioritization skills.
• Ability to think creatively, highly-driven and self-motivated.
• Familiarity with MGA business a plus.

Salary Range $140,000 – $160,000 base salary, commensurate with experience.
Additional Information:
Full benefit package including medical, dental, life, vision, company paid short/long term disability, 401(k), tuition assistance and more
Job Posting Disclaimer:
Fortegra has recently been made aware of unauthorized communications regarding career opportunities by individuals not associated with Fortegra or our recruitment team. Fortegra will only contact you from the Fortegra domain address (@fortegra.com). If you receive a message from someone posing as a Fortegra recruiter via text message, WhatsApp, Telegram or other messaging platform, please report it as phishing and block the sender.
Fortegra is not accepting unsolicited resumes from search firms for this position.
Internal Notice: As part of our commitment to talent development, this position is open for internal promotion applications at the time of public posting.
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