AVP, Commercial Actuarial

Overview:
SageSure, a tech-forward managing general underwriter, is enhancing its commercial insurance coastal product offerings with SageSure’s first ever commercial package policy while expanding the footprint of its businessowners policy (BOP) product across additional states.  This AVP Commercial Actuarial role presents an opportunity to lead in an entrepreneurial environment, drive pricing strategy, and contribute meaningfully to SageSure’s growth in commercial insurance.

As a direct report to the VP (Chief Actuary) of Commercial Actuarial, the AVP of Commercial Actuarial will oversee rating plan development, predictive modeling, and competitive pricing strategies to support profitability and growth.  This role will work collaboratively with teams across the organization, including Underwriting, Product, Implementation, Data Science, Marketing, and Policy Services, as well as with third-party stakeholders, to shape market-leading products and support our strategic vision.

What you’d be doing:
•Develop and refine rating plans for BOP and other commercial insurance products including the development of a new Commercial Package Policy to optimize profitability and growth.
•Implement advanced predictive modeling techniques for accurate pricing, working closely with data scientists on hurricane and non-hurricane models.
•Conduct in-depth analysis on retention, competitive pricing, and profitability by industry/class, leveraging risk for competitive returns.
•Support regulatory filings, ensuring compliance and effective product enhancement.
•Manage a team, potentially with leaders or managers reporting in, to drive effective strategy and organizational growth aligned with SageSure’s long-term goals.
•Lead cross-functional collaboration to build and maintain product alignment across departments, escalating and adapting to shifting strategic landscapes to optimize outcomes.

Leadership & Strategic Influence:
•Demonstrate a comprehensive understanding of the business and financial goals to support strategic planning and achieve excellent financial performance.
•Take ownership of communicating to executive leadership when necessary, supporting department-level objectives and financial metrics.
•Proactively recruit, retain, and develop top talent, holding a high standard for retention and promoting internal mobility and talent management initiatives.

Decision Making & Collaboration:
•Collaborate with cross-functional teams and support building trust and transparency across departments, engaging as a strategic thought partner to drive key results across the organization.
•Exhibit a broad understanding of SageSure’s revenue drivers and financial processes such as budgeting and forecasting, encouraging a fiscally responsible and financially transparent environment.
•Promote bottom-up initiatives for social good within the company and community, fostering an inclusive, open environment with equal opportunities for team development and growth.

We’re looking for someone who has:
•12-15 years of experience in property and casualty (P&C) insurance, with a strong focus on pricing, product development, and leadership.
•ACAS designation or near completion, with a commitment to achieving FCAS.
•Proven experience in predictive modeling and actuarial techniques, particularly in commercial property.
•Demonstrated management and leadership experience, with the ability to proactively combat culture and morale challenges.
•Strong strategic decision-making, communication, and interpersonal skills, with experience collaborating cross-functionally and managing high-impact projects.
•High proficiency in Microsoft Excel, data analytics software, and a strong attention to detail.

Highly preferred candidates also have:
•Extensive knowledge in BOP, CMP, and Commercial Package products.
•FCAS designation.