Lead Pricing Actuary
Farmers Insurance
Lead Pricing Actuary
United States · Hybrid · 1w ago
Personal AutoCommercial AutoPersonal Property HomeownersCommercial Property
- Salary
- $180k - $341k
- Experience
- 10+ Years
Role Summary
Role type
Pricing partner to underwriting
Closer to a pricing partner than a modelling-heavy IC: success depends on influencing Product, Underwriting, and executives, not just building models.
Senior P&C pricing leadership role in the United States, covering Personal and Commercial products including auto and property. The Lead Pricing Actuary will set pricing strategy, guide rate indications, interpret portfolio performance, and advise executive stakeholders while leading an actuarial organization. The role is hybrid for employees near a Farmers office, with at least three days onsite.
Requirements
Must have
- FCAS designation
- Minimum of 10 years of actuarial experience
Strongly preferred
- Deep expertise in Personal Lines pricing
- Bachelor's degree in actuarial science, Mathematics, Statistics, Finance, Economics, or related quantitative discipline
- Proven experience developing rate indications, pricing strategies, and profitability improvement initiatives
- Strong understanding of loss trends, claims performance, reserving impacts, and rate adequacy analysis
- Experience leading actuarial teams and developing talent
- Strong knowledge of state rate filings, regulatory requirements, and actuarial standards of practice
- Advanced proficiency in SAS and SAS Macros
Skills & Domain
ToolsExcelPower_BI
DomainPersonal Lines pricingPersonal Auto pricingRate indications and pricing strategiesLoss trends and rate adequacy analysis
