Honeycomb Insurance - Director of Actuarial

Remote - East Coast - Remote; Midwest - Remote; West Coast$200k - $225k+ Equity1mo ago

Remote Director WW Insurance Telecommunications Fellow Director of Legal Honeycomb Reporting

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Requirements

• 10 years+ of actuarial experience related to pricing or reserving with an insurance carrier or MGA • Bachelor's degree • Fellow of the Casualty Actuarial Society (FCAS) highly preferred • Excellent analytical skills • Good presentation skill and the ability to communicate across all levels of the organization • Ability to distill key actuarial concepts to others in non-technical terms • Ability to understand the business holistically and think strategically

Responsibilities

• Conduct regular rate indication analyses and make recommendations to the CUO and Underwriting team for rate adjustments • Analyze loss performance of Honeycomb’s product and make recommendations to drive growth and improve profitability • Conduct quarterly reserves to develop ultimate loss ratios by line of business • Act as a liaison to Honeycomb’s capital and reinsurance partners to align profitability performance and goals • Act as the data owner for the Underwriting team to ensure that the team has high quality data and the right access to drive decisions • Establish key performance indicators and develop reporting to ensure the health of Honeycomb’s business • Assist the Underwriting team with product filings to ensure successful rate and product approvals with state Departments of Insurance for admitted products • Drive business and pricing segmentation initiatives to leverage pricing as a key product differentiator and competitive advantage

Benefits

• Salary: $200,000 - $225,000 • ISO stock options • Medical, dental, and vision coverage for you and your dependents • HSA with company contributions • 401(k) (non-matching) • Flexible time off • 10 company-paid holidays • Paid family leave • Honeycomb is committed to fair and equitable compensation practices. The base salary range listed in each job posting represents our good faith estimate of what we expect to pay for the role. Actual compensation may vary based on skills, experience, education, and location, as well as internal alignment and market factors.