Description
Ledgebrook is an AI-native specialty insurance platform. When a business needs coverage that is custom and complex, its broker comes to us, and our underwriters give them an answer, often in hours rather than weeks. We built our technology from scratch, with AI in it from the first line of code. The technology helps price the risk; the underwriter uses their judgment to decide. There are always two hands on the wheel. We are insurance industry insiders, and we eat our own cooking: Ledgebrook writes the policy and shares the risk through our own carrier, Ledgebrook Specialty, rated A- (Excellent) by AM Best. We work exclusively through wholesale brokers. Our vision: to make the wheels of insurance spin faster. At Ledgebrook, everything we do is driven by our culture: Care, Strive, Thrive Together. To succeed in modernizing the industry, we must first succeed in changing the way we do business. Talent density is our north star - fewer, better people working together as one. To that end we’ve replaced all individual incentives with generous equity packages - we play as a team, we win as a team. Everyone benefits handsomely from Ledgebrook’s success.
About the Role
Ledgebrook is seeking an AVP, Property Pricing Actuary to join our Product & Data team. In this high-impact role, you will be instrumental in driving data-informed decision-making across our Property and Inland Marine portfolios. You will work closely with our underwriters to develop and maintain our Property and Inland Marine pricing.
As AVP, Property Pricing Actuary, you will:
- Develop Analytical Solutions: Help design and build predictive pricing models using a combination of machine learning and traditional actuarial methods. You will also create and implement analytical reports and processes that provide valuable business insights.
- Drive Data Strategy: Work closely with our data and AI/ML engineers to define data requirements for advanced models and tools. You will ensure data integrity and accuracy and incorporate third-party data into projects.
- Communicate and Collaborate: Partner closely with underwriting, claims, finance, and other business stakeholders to translate complex actuarial findings into actionable business strategies. Your ability to communicate effectively will be crucial to the successful adoption of new insights and models.
- Own Technical Pricing: Own technical pricing for our Property and Inland Marine portfolios. You will collaborate with other teams to make sure your models and pricing tools are seamlessly integrated and maintained.
- Mentor and Grow: Partner with other actuaries and data scientists on the team to build out our capabilities and foster a culture of continuous improvement and innovation.
The level of this role will be adapted to match the candidate’s experience and skill set.
About you
We are looking for candidates with a strategic mindset, strong actuarial pricing and/or insurance modeling experience, and a passion for using data to drive business value.
- You’re a Technical Leader: You are a credentialed actuary with experience in Commercial Property and/or Inland Marine pricing in the P&C insurance or reinsurance market. E&S experience is a plus.
- You’re an Excellent Communicator: You have strong communication and presentation skills and the ability to “sell” your pricing models to stakeholders. You build relationships that create trust across the team.
- You’re a Problem Solver: You are proficient in Excel and SQL, with a strong desire to learn and innovate. You thrive in a fast-paced startup environment and look for new ways to solve business problems.
- You’re a Team Player: Culture is the backbone of our company. Your passion and collaborative spirit will help us achieve our ambitious goals.
Requirements
We are looking for candidates with a collaborative approach, strong analytical skills, and a passion for using data to drive business outcomes. Specific experience and skills include:
Must Haves:
- Leading portfolio analyses, portfolio monitoring, and pricing reviews to support Commercial Property and Inland Marine business
- Developing pricing recommendations and partnering closely with underwriting and product to help drive portfolio decisions
- Deep Commercial Property and Inland Marine pricing experience
- Advanced SQL, Excel, and Power BI for investigation, data modeling, and reporting
- Excellent communication and presentation skills for collaborating with stakeholders across the organization
- Comfort integrating AI tools into day-to-day workflows to drive efficiencies
- A self-starter who takes accountability, thrives in a fast-paced environment, and handles ambiguity well
- Associate of the Casualty Actuarial Society (ACAS)
Nice to Haves:
- Fellow of the Casualty Actuarial Society (FCAS)
Benefits
- Full remote flexibility and asynchronous work culture.
- Unlimited PTO and fully paid sick leave.
- Comprehensive health benefits, including medical, dental, and vision coverage, plus HSA and FSA options.
- Additional financial protection and retirement benefits, including a 401(k), company-paid life insurance, and disability coverage.
Compensation
- The base salary range for this position is [$165,000 - $240,000 USD] This is a good-faith compensation range based on what Ledgebrook reasonably expects to pay for this position at the time of this posting. Actual compensation may vary based on a variety of relevant factors including but not limited to experience, qualifications and geographic location.
- Employees in this position are eligible to participate in Ledgebrook’s equity incentive program.
