Lead P&C Actuary (Retail Pricing)

• Lead and manage the P&C actuarial team across multiple functional areas (pricing, reserving, reinsurance, capital modeling, etc.).
• Develop and implement actuarial strategies aligned with business goals.
• Advise executive leadership on product pricing, portfolio optimization, and profitability.
• Pricing & Product Support
• Oversee development and maintenance of rating models for P&C products.
• Collaborate with underwriters and product teams to ensure accurate and competitive pricing strategies.
• Provide actuarial input in new product development and enhancements.

• Direct the preparation and analysis of loss reserves and technical provisions in accordance with IFRS, GAAP, and/or Solvency II (as applicable).
• Present reserve estimates to senior management and external stakeholders, including auditors and regulators.
• Monitor reserve adequacy and trends; conduct deep-dive reviews and diagnostics.

• Guide the development and validation of internal models (e.g., Solvency II, RBC) to assess capital requirements.
• Contribute to risk appetite frameworks, stress testing, and ORSA processes.
• Provide insights on risk-adjusted performance measures and support economic capital allocation.

• Build and mentor a high-performing actuarial team; oversee recruitment and professional development.
• Ensure compliance with actuarial standards of practice, regulatory requirements, and internal governance policies.
• Liaise with regulatory bodies and external auditors as the actuarial point of contact.

• Technology Integration: Partner with the IT and data teams to ensure that actuarial models and risk assessments are supported by robust digital infrastructure, including cloud-based analytics platforms and real-time data pipelines.
• Collaboration with Business Units: Work closely with business development, marketing, and product teams to ensure that pricing models and risk assessments align with company objectives and customer demands.
• Regulatory & Compliance: Ensure that all actuarial processes and models comply with relevant healthcare regulations, such as HIPAA and ACA, while also leveraging digital tools for regulatory reporting and compliance tracking.

• Continuous Innovation in Actuarial Practices: Lead efforts to continuously enhance actuarial methodologies, incorporating the latest in digital tools and industry best practices.
• Data-Driven Process Improvement: Identify areas where digital tools and automation can improve efficiency, reduce errors, and provide deeper insights into risk and pricing models.

• Actuarial Team Management: Lead, mentor, and develop a high-performing actuarial team, fostering a culture of innovation and continuous learning, particularly in digital actuarial techniques and analytics.
• Talent Development: Build and develop skills in the team related to data, machine learning, and digital tools, ensuring the team remains at the forefront of actuarial and digital health trends.

Michael Page