Coalition

Lead Actuary, Product & Pricing Innovation

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Any location, Canada

7h ago

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Job Description

Remote

About us

Coalition is the world's first Active Insurance provider designed to help prevent digital risk before it strikes. Founded in 2017, Coalition combines broad insurance coverage with a digital risk assessment and continuous security monitoring to help organizations protect themselves in today’s hyper-connected world.

Opportunities to make an impact with bold thinking are real - and happening daily.

About the role

Coalition is looking for a seasoned insurance pricing leader to help build out our world-class actuarial pricing team. This role comes with a significant amount of ownership and demands a high level of technical skills paired with strong communication and leadership skills.

You will be responsible to elaborate, implement and monitor outstanding insurance pricing solutions and adaptive pricing framework that will allow us to crush our competition and better support the evolving needs of our clients. You will consistently strive for the best data-driven solutions to support our business objectives while always seeking for the enhancement of our operational efficiency.

We’re looking for someone who will roll up sleeves to always push the boundaries and provide the best to our customers and who can bring unique ideas to the table, explore new methods/technologies and always seek for the next best improvement.

Responsibilities

Lead cross-functional team initiatives, building out strategic workplan, roadmap, business case and OKRs and providing support and coaching to more junior actuarial analysts
Develop a deep understanding of the dynamics of the insurance market place and use this knowledge to elaborate, manage, implement and monitor new innovative insurance solutions
Work closely with the business to develop standardized monitoring dashboards to assess business performance and market trends and provide recommendations on the next best pricing actions
SME to support the creation and maintenance of appropriate pricing risk governance controls
Act as a peer-reviewer for complex pricing initiatives such as new pricing rating structure, capping structure, new risk signals proposals, etc
Responsible to provide pricing transparency and rate review support for non-technical audience with innovative monitoring tools and strong communication channels.
Responsible for providing actuarial expertise support for the rating plan implementation process, automation & standardization initiatives
Straddle the worlds of insurance, data science, engineering and security experts to shape the most suitable data-driven solutions
Act as an ambassador for the actuarial team, fostering a solutions-driven approach and demonstrating a strong commitment in meeting the needs of our stakeholders.

Skills and Qualifications

10+ years of experience in Insurance pricing
ACAS or FCAS certification
Demonstrated ability to lead complex initiatives
Undergraduate degree in Actuarial Science or any other related field
Strong understanding of actuarial pricing & reserving concepts
Strong understanding of the the cyberinsurance product, coverages and underwriting processes
Excellent communication skills including ability to convey clear information to manager and team members, and ability to vulgarize complex technical concepts to non-technical audience
Ability to work efficiently in a fast paced environment, and consistently meet deadlines
Ability to take ambiguous problems and solve them in a structured data-driven way
Ability to think long-term strategically and operationally, striking the right balance between short-term deliveries and long-term business outcomes
Ability to influence partners and build strong relationships, creating win-win situations with them
Ability to develop, assess and monitor numerous business metrics and use the acquired knowledge to optimize our pricing proposals

Bonus Skills

Pricing experience in Cyber Insurance
Pricing experience in Directors and Officers (D&O) insurance and/or any other relevant commercial pricing lines.
Experience in building and monitoring advanced pricing framework
Experience working with external regulators
Ability to build UI/UX design

Compensation

Our compensation reflects the cost of labor across several US geographic markets. The US base salary for this position ranges from $129,000/year in our lowest geographic market up to $190,000/year in our highest geographic market. Consistent with applicable laws, an employee's pay within this range is based on a number of factors, which include but are not limited to relevant education, skills, job-related knowledge, qualifications, work experience, credentials, and/or geographic location. Your recruiter can share more on target salary for your location during the interview process. Coalition, Inc. reserves the right to modify this range as needed.

Perks

100% medical, dental, and vision coverage
Flexible PTO
Annual home office stipend and WeWork access
Mental & physical health wellness programs like Headspace, Lumino, and more!
Competitive compensation and opportunity for advancement

Why Coalition?

We’re a remote-first, mission-driven team committed to building a more inclusive culture with people of all different backgrounds. We trust our team members to take responsibility, share ownership, and put in the work to help us in our pursuit to solve digital risk.

Coalition’s exceptional growth stems from its ability to address real-world problems for organizations of all sizes and remain true to our founding values of character, humility, responsibility, purpose, authenticity, and inclusion.

We’re always looking for collaborative, inquisitive individuals to join #OurCoalition.

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Privacy Notice

Coalition is committed to protecting your privacy and handling your personal information responsibly. We collect, use, and store personal information as necessary for the recruitment process and in compliance with applicable privacy laws and regulations in all regions where we operate. We want you to understand what personal information we collect, how we use it, and your rights regarding access, correction, and deletion of your data where applicable. Information submitted, collected, and processed as part of your application is subject to Coalition's Privacy Policy. For further details, please review our full Privacy Policy or contact us with any questions regarding how your information is handled.

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Anti-Discrimination Notice

Coalition is proud to be an Equal Opportunity employer. Our policy is to provide equal employment opportunities to all individuals, without discrimination or harassment on the basis of any characteristic protected by applicable laws in each country where we operate. This commitment includes, but is not limited to, ensuring equal treatment in recruitment, selection, training, promotion, transfer, compensation, and all other aspects of employment. Coalition does not tolerate discrimination or harassment of any kind, and we are dedicated to fostering an inclusive and supportive workplace.

Accommodations

Coalition is committed to providing reasonable accommodations to qualified individuals with disabilities, including applicants and employees, in accordance with applicable laws and regulations in each country where we operate. Our policy is to support equal opportunity in the hiring process by considering qualified applicants regardless of disability or other protected characteristics, unless providing accommodation would impose an undue hardship or disproportionate burden. If you require accommodation to complete an application, interview, pre-employment testing, or participate in the selection process, please contact us at candidateaccommodations@coalitioninc.com. We also consider all qualified applicants, including those with criminal histories, in line with applicable laws and regulations in each jurisdiction.

To all recruitment agencies: Coalition does not accept unsolicited agency resumes. Do not forward resumes to our email alias, employees, or other physical or virtual organization locations. Coalition is not responsible for any fees related to unsolicited resumes.