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Actuarial Pricing Director - Commercial Lines

Verisk Analytics

Job Description

We are seeking an experienced Commercial Lines Actuarial Pricing Director to lead actuarial pricing strategy and transformation initiatives across our commercial lines portfolio. This role sits at the intersection of actuarial excellence, analytics innovation, and business leadership, with responsibility for advancing pricing methodologies, strengthening loss cost adequacy insights, and delivering high-impact pricing solutions to internal and external stakeholders.

In addition to core actuarial pricing responsibilities, the Director will play a critical leadership role in actuarial transformation, helping to advance technology and modernization efforts, improve processes, and deliver customer-facing analytics. This role partners closely with product, data, technology, and business leaders to ensure our Core Lines loss cost products are actuarially sound, operationally scalable, and aligned with market and regulatory dynamics across commercial auto, commercial property, general liability and other commercial lines of business.

This role is based in Jersey City, NJ, with a flexible hybrid work model.

Responsibilities

• Provide strategic direction and executive oversight for actuarial pricing activities across commercial lines, including experience reviews and loss cost indications, and other pricing analytics delivered to internal teams, insurer clients, and regulators.
• Lead or oversee the timely and accurate delivery of actuarial products such as loss cost filings, pricing studies, thought leadership publications, data compilations, and business intelligence dashboards focused on commercial lines markets.
• Drive complex, cross-functional initiatives by partnering with data science, product development, digital platform and technology teams to deliver actuarial insights that are analytically rigorous, user-friendly, and commercially impactful.
• Champion modernization of actuarial processes, tools, and analytics, including automation, data quality enhancements, and advanced visualization.
• Lead, mentor, and develop a high-performing actuarial pricing team of subject matter experts and developing analysts.
• Serve as a senior actuarial subject-matter expert for commercial lines pricing, responding to inquiries from insurance carriers, regulators, and internal leadership.

Qualifications

• Bachelor's degree in a quantitative discipline such as Actuarial Science, Mathematics, Statistics, or a related field.
• 10+ years of P&C insurance experience, with deep expertise in commercial lines rating.
• Successful completion of 5+ CAS exams.
• Strong leadership, analytical, problem-solving, and decision-making skills.
• Excellent written and verbal communication skills with executive presence.
• Working knowledge of SQL, R, Python, and BI tools such as Power BI, Sigma, Tableau or Thoughtspot.
• Advanced proficiency in Microsoft Excel, Word, and PowerPoint.
• Proven ability to manage multiple initiatives concurrently and adapt to changing priorities.

#LI-EA1

About Us

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you'll have the chance to use your voice and build a rewarding career that's as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.


For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work® for outstanding workplace culture in the US, the fourth consecutive year in the UK, Spain, and India, and the second consecutive year in Poland. In addition, we've been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World's Best Employer, testaments to the value we place on workplace culture.

We're 7,000 people strong. We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

Verisk Businesses

Underwriting Solutions - provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions - supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions - offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Specialty Business Solutions - provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Catastrophe and Risk Solutions - provides risk modeling solutions to help individuals, businesses, and society become more resilient to catastrophic events.

Marketing Solutions - delivers data and insights to improve the reach, timing,relevance, and compliance of every consumer engagement

Life Insurance Solutions - offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft - provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

Verisk invests in a benefits package for all employees that includes the following: Health Insurance, a Retirement Plan, Disability benefits, and a Paid Time Off program. We offer a competitive total rewards package that includes base salary determined based on role, experience, skill set, and location.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran's status, age or disability. Verisk's minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

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Vacancy posted 1 day ago
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