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Vice President, Chief Pricing Actuary - US

JOB SNAPSHOT: 
Employee Type:  Full-Time
Location: 

Chicago, IL, US, 60606

Job Type:  Administrative
Secondary Location: 
Years of Experience: 

Ryan Specialty is looking for a Vice President, Chief Pricing Actuary - US to join our Chicago, IL team. We are a fast paced, energetic and rapidly growing organization that offers a great opportunity for someone interested in further developing their career. Ryan Specialty has been named one of America’s Most Loved Workplaces by Newsweek, and has been named 2023 Top Insurance Employer by Insurance Business America.  

Position Summary:

This role would be involved in all aspects of leading pricing actuarial support for Ryan Specialty. It is expected that this role will provide support for a number of business units as required. This is a highly visible position in an area of strategic importance for Ryan Specialty.

Essential Functions:

  • Responsible for developing and managing relationships with key stakeholders throughout Ryan Specialty including internal and external stakeholders
  • Leading projects and initiatives
  • Managing and directing the activities of the pricing actuarial team
  • Recruitment, development, and training of the pricing actuarial team, as needed.
  • Ongoing responsibility for the projects listed below in addition to other projects that will be assigned to help meet business objectives
    • Strategic analyses and business partnership to help business unites achieve target loss ratios, including underwriting improvement plans.
    •  Product development – industry, peer, and market analyses to support new initiatives
    • Produce and communicate regular portfolio management analytics across business units
    • Pricing and Rating tool development for new programs
    • maintenance of pricing and rating tools for existing programs
    • Develop portfolio tools for identifying and monitoring aggregation of coverage for certain classes or specific exposures
    • Will play a key role in driving strategy around the use of technology and the collection and organization of enterprise data
    • Will work to develop tools for presentation of results to business units and Ryan Specialty management
    • Liaise with carrier partners on matters of program and portfolio underwriting performance
    • Other relevant duties as assigned

Education/Experience/Skills:

  • Bachelor's degree in actuarial science, mathematics, finance, statistics, economics or related field
  • 15+ years of experience
  • Fellow of Casualty Actuarial Society preferred, will consider ACAS
  • Excellent technical aptitude, including:
  • Actuarial skills – pricing, product development, reserving, stochastic models, experience with catastrophe modeling / predictive analytics considered a plus
  • Technology skills – Microsoft Office, programming, data manipulation, presentation tools (Excel, Access, SQL, Tableau, etc).
  • Breadth of experience across commercial lines products and lines of businesses, across property and casualty
  • Strong understanding of the insurance business (including insurance accounting)
  • Outstanding interpersonal skills (written and verbal)
  • Leadership ability
  • Committed team player, client-focused, leadership qualities, highly-motivated
  • Strong attention to detail, ability to multi-task and meet deadlines
  • Ability to solve problems by asking questions and exploring solutions
  • Willingness to get involved at all levels / all aspects of the process as necessary
  • Ability to manage workload without supervision.
  • May be required to have and maintain a valid driver’s license.

Disclaimer

Ryan Specialty is an Equal Opportunity Employer.


Nearest Major Market: Chicago

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