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Actuarial Director, Pricing

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Oliver James Group
Full Time, Part Time position
Listed on 2026-10-04
Job specializations:
  • Insurance
    Actuary, Risk Manager/Analyst, Insurance Analyst, Financial Analyst
  • Finance & Banking
    Actuary, Risk Manager/Analyst, Financial Analyst
Salary/Wage Range or Industry Benchmark: 130000 - 180000 USD Yearly USD 130000.00 180000.00 YEAR
Job Description & How to Apply Below
Director, Actuary
- Programs Pricing

Location:

Chicago, IL | New York, NY | Jersey City, NJ | St. Paul, MN | Hartford, CT

Work Arrangement:
Hybrid - 3 days per week in office

Compensation: $130,000-$180,000 base + bonus

A leading global specialty P&C insurer is seeking a Director, Actuary
- Programs Pricing to join its growing US Insurance Actuarial team. This is a high-impact opportunity for an experienced actuary to take ownership of pricing strategy across a portfolio of specialty Programs, working closely with Underwriting, Program Managers, Analytics and senior leadership.

The Role

As the lead actuary for approximately 5-6 specialty Programs, you will provide actuarial and commercial insight across the portfolio and play a key role in strategic business decisions.

Key responsibilities include:

  • Own pricing and profitability analysis across a portfolio of specialty Programs.
  • Monitor rate adequacy, rate changes, underwriting mix and segmentation.
  • Advise the business on where to grow, maintain, reprice or pull back based on portfolio performance.
  • Evaluate new specialty Programs and external partnerships from an actuarial and commercial perspective.
  • Develop pricing studies, segmentation analyses and monitoring tools.
  • Improve pricing methodologies and analytical processes using tools such as Python, SQL and VBA.
  • Partner closely with Underwriting, Program Managers and Predictive Modeling teams.
  • Present actuarial findings and recommendations to senior leadership.
  • Translate complex actuarial analysis into clear, actionable commercial recommendations.
What They're Looking For
  • 6+ years of P&C actuarial experience.
  • ACAS or FCAS.
  • Strong pricing and rate making experience.
  • Experience with in Commercial or Specialty P&C preferred.
  • Strong analytical and technical capabilities, ideally including Python, SQL and/or VBA.
  • Experience with profitability analysis, segmentation and portfolio monitoring.
  • Strong communication and stakeholder management skills.
  • Commercial mindset with the ability to influence underwriting and business decisions.
Why Consider the Opportunity?
  • Director-level ownership across 5-6 specialty Programs.
  • Exposure to approximately $1B of specialty Programs business across the broader team.
  • Genuine actuarial influence on underwriting and commercial strategy.
  • Work directly with high-performing Underwriting, Analytics and Program teams.
  • Opportunity to evaluate new products, Programs and external partnerships.
  • Collaborative, high-performance actuarial culture with strong senior actuarial leadership.
  • Broad US actuarial organization with significant opportunities for professional development and progression.
  • Competitive compensation of $130K-$180K base + bonus.

This opportunity would suit an experienced ACAS/FCAS pricing actuary who wants to move beyond traditional rate indications and play a meaningful role in portfolio strategy, underwriting decisions and the growth of a specialty insurance business.

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