GM Financial
Teamwork | Excellence | Integrity | Diversity, Equity and Inclusion | Community Investment
AVP Insurance Pricing
Location
United States
Posted
100 days ago
Salary
$137K - $246K / year
Bachelor Degree8 yrs expEnglish
Job Description
• Formulate pricing strategy in line with corporate objectives
• Establish key profitability metrics and deliver performance summaries to senior leadership, including identification of trends and comparison of actual and expected results
• Serve as expert on actuarial pricing work, providing clear explanations of methodologies and results
• Accountable for the preparation of rate level indications and actuarial support for state filings in line with actuarial standards of practice, internal governance protocols, and state laws and regulations
• Accountable for rate impact analysis that supports decision-making and rate testing that underlies accurate and efficient rate deployment
• Work closely with Product & Design teams to inform the design of pricing data management and lead the design and maintenance of tools related to performance monitoring and deployment
• Work closely with State Management to support data-driven state pricing decisions
• Collaborate with data scientists and modelers to continuously improve rate segmentation and our understanding of the impact of rate changes
• Advise Finance on profitability projections
• Mentor and grow a high-performing team of pricing managers and analysts
• Promote innovation in pricing data and methodologies, as well as continuous modernization of work products
• Perform other duties as assigned
• Conform with all company policies and procedures
Job Requirements
- Bachelor’s Degree or equivalent experience required
- 8+ years of Actuarial or pricing experience within the property & casualty insurance industry, including at least 4 years in private passenger automobile pricing
- 3+ years leading direct reports consisting of actuaries, pricing analysts and/or data scientists required
- Associateship (ACAS) or fellowship (FCAS) with Casualty Actuarial Society required
Benefits
- Generous benefits package available on day one to include: 401K matching
- bonding leave for new parents (12 weeks, 100% paid)
- tuition assistance
- training
- GM employee auto discount
- community service pay
- nine company holidays
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