VP, Head of Actuarial Pricing

Posted 18 Days Ago
Be an Early Applicant
4 Locations
In-Office
245K-275K Annually
Senior level
Insurance • Financial Services
The Role
The VP, Head of Actuarial Pricing will lead pricing strategies and modernization efforts, driving business growth through sophisticated data-driven approaches and strong team leadership in P&C pricing.
Summary Generated by Built In

About the role:

We are seeking a highly experienced and strategic VP, Head Pricing Actuary to lead and modernize our pricing function. This role is responsible for setting the enterprise pricing vision, advancing technical capabilities, and ensuring pricing is a key driver of sustainable growth.

The ideal candidate brings deep expertise in P&C pricing, particularly in personal lines, combined with a proven ability to lead high-performing teams and transform legacy pricing approaches into a sophisticated, data-driven, and technology-enabled function. This individual will operate as a senior leader, influencing business strategy and elevating pricing as a core competitive advantage.

What you'll do:

Strategic Leadership

  • Define and execute the enterprise pricing strategy, aligning with business objectives for growth, profitability, and risk selection
  • Lead, develop, and scale a high-performing pricing team, building strong technical and leadership capabilities
  • Act as a key advisor to senior leadership, translating pricing insights into actionable business decisions

Pricing & Portfolio Management

  • Oversee pricing across all products, with accountability for rate adequacy, segmentation, and overall portfolio performance
  • Apply advanced ratemaking and modeling techniques to enhance pricing sophistication and market competitiveness
  • Partner closely with underwriting and product teams to optimize portfolio mix and support profitable growth

Modernization & Innovation

  • Lead the modernization of the pricing function, including tools, data infrastructure, and operating model
  • Drive adoption of advanced analytics and machine learning to improve pricing accuracy and responsiveness
  • Establish scalable, efficient pricing processes and foster a culture of innovation and continuous improvement

What we're looking for:

Experience & Expertise

  • FCAS; 10+ years in P&C actuarial roles, including 5+ years leading pricing teams
  • Skilled in personal lines pricing: ratemaking, segmentation, portfolio management
  • Led major pricing transformation projects with measurable improvements
  • Strong knowledge of regulatory requirements and rate filings

Leadership & Business Acumen

  • Experienced in developing high-performing teams and leaders
  • Strategic, commercially focused; effective at stakeholder engagement
  • Proven change leader; streamlined processes and operating models

Technical & Analytical Skills

  • Expert in actuarial pricing, predictive modeling, machine learning
  • Familiar with modern data ecosystems and scalable tools
  • Proficient in Python/R

Preferred Qualifications

  • Actuarial Science, Mathematics, or related degree
  • Multi-product experience (homeowners, auto, umbrella)
  • Knowledge of new data sources and tech for insurance pricing

What We Do

We're a member-owned property and casualty insurer designed exclusively for financially successful families and driven by a purpose of doing what is right for our members.  Our reciprocal model focuses on service and doing what is right for the membership: we provide exceptional service, hospitality and care, we partner with our members to help prevent losses and we create smart insurance solutions at fair prices.


We aim for our members to love their insurance. It is our mission is to create a membership experience so compelling that ​our members never want to leave.


Who We Are

We want to be transparent about what we expect from each other.  From PURE, you can expect:

Opportunities to stretch and grow: your professional and personal development matters to us. We’re committed to providing experiences through on-the-job learning and professional development that increase your impact and rewards.

Clarity and kindness: you can rely on us to be open, honest and supportive, offering clarity on what success looks like.

Support in good times and bad: we believe in showing up for each other consistently, not only when it’s easy. You can expect a thoughtful partner, even when we disagree.

A community that cares: we are committed to sustaining a community in which each person feels cared for as an individual. We lift each other up, celebrate wins together and support one another through challenges in work and life.


Who You Are

All of the strongest relationships are a partnership- a two way street. So here’s what we ask of you:

  • Aim to bring your best every day: you’re here because you want to be part of a team that makes a real impact and aims high.

  • Be a student and a teacher: share your knowledge and talents and be willing to listen and learn from those around you.

  • Get comfortable being uncomfortable: we face tough moments and obstacles with a “courage over comfort” approach and a positive, solutions-oriented mindset.

  • Be a culture builder:  building a positive culture is everyone's responsibility, based on care, respect and openness to diverse perspectives.

The base salary for this role can range from $245,000 to $275,000 based on a full-time work schedule. An individual’s ultimate compensation will vary depending on job-related skills and experience, geographic location, alignment with market data, and equity among other team members with comparable experience

Want to Learn More?

  • [Our Values]
  • [Our Benefits]  
  • [Our Community Impact]
  • [Our Leadership]
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The Company
Chicago, IL
1,098 Employees

What We Do

PURE is a specialty property and casualty insurer dedicated to helping a membership of responsible people protect high value homes, jewelry, artwork and other fine assets. We opened for business more than 15 years ago with the goal of offering something different in the insurance space: a company focused on promoting transparency, alignment of interests and doing what’s right. Our focus helps to keep premiums fair and service astonishingly good. After growing at least 15% year over year since inception, we are the most awarded insurer in our category, offering coverage in all 50 states. Today, our membership is made up of more than 100,000 financially successful individuals and families and continues to grow sustainably. #LoveYourInsurance #JoinTheClub

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