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Honeycombinsurance
Honeycombinsurance

Director of Actuarial

otherfull-timeEast Coast - Remote; Midwest - Remote; West Coast - Remote
SALARY
$200k – $225k/yr
WORK TYPE
remote
JOB TYPE
full-time
INDUSTRY
general
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About the role

What You’ll Do

  • Conduct regular rate indication analyses and make recommendations to the CUO and Underwriting team for rate adjustments
  • Analyze loss performance of Honeycomb’s product and make recommendations to drive growth and improve profitability
  • Conduct quarterly reserves to develop ultimate loss ratios by line of business
  • Act as a liaison to Honeycomb’s capital and reinsurance partners to align profitability performance and goals
  • Act as the data owner for the Underwriting team to ensure that the team has high quality data and the right access to drive decisions
  • Establish key performance indicators and develop reporting to ensure the health of Honeycomb’s business
  • Assist the Underwriting team with product filings to ensure successful rate and product approvals with state Departments of Insurance for admitted products
  • Drive business and pricing segmentation initiatives to leverage pricing as a key product differentiator and competitive advantage

What You Bring

  • 10 years+ of actuarial experience related to pricing or reserving with an insurance carrier or MGA
  • Bachelor's degree
  • Fellow of the Casualty Actuarial Society (FCAS) highly preferred
  • Excellent analytical skills
  • Good presentation skill and the ability to communicate across all levels of the organization
  • Ability to distill key actuarial concepts to others in non-technical terms
  • Ability to understand the business holistically and think strategically

Benefits

  • Salary: $200,000 - $225,000
  • Bonus: 15%
  • ISO stock options
  • Medical, dental, and vision coverage for you and your dependents
  • HSA with company contributions
  • 401(k) with employer match
  • Flexible time off
  • 10 company-paid holiday
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Director of Actuarial at Honeycombinsurance — Remote