Vice President, Actuarial and Product Management

We are seeking a senior actuarial and product management leader to own and advance the discipline of pricing optimization, performance analytics, and product portfolio expansion across the organization, bringing a product management lens to segmentation, positioning, and lifecycle optimization. This role combines traditional actuarial leadership with modern analytics integration and product management oversight, ensuring pricing, underwriting strategy, analytics, and product suite are aligned with market needs, company objectives, and long-term profitability. Employees in this role are expected to be on-site three days a week, with the flexibility to work two days remotely, with remote candidates in California also considered and expected to be in the office 1-2 times per month. Responsibilities Performance and development of the actuarial and product management teams. Own technical pricing strategy, develop target pricing frameworks, and lead profitability and book performance analysis. Support predictive model development while serving as the primary liaison to the AFG Predictive Analytics team. Leads model deployment and monitors model performance to ensure effective risk segmentation and price optimization are maintained. Oversee all rate and product filings, identifying and implementing new product features, structures, and pricing innovations. Define product strategy and lead product lifecycle management. Analyze portfolio performance and claim trends to identify loss drivers and provide actionable recommendations to improve financial outcomes. Deliver insights to improve pricing and product design through collaboration with underwriting, claims, finance, distribution, and other AFG departments as appropriate. Own enterprise reporting and establish consistent metric definitions across departments. Build and maintain product and segment-level performance dashboards. Establish underwriting quality standards and best practices and monitor to ensure regulatory requirements and internal expectations are consistently met. Interface with insurance regulators and rating bureaus to ensure compliance with state regulatory requirements. Monitors legislative and regulatory changes impacting workers’ compensation. Qualifications Bachelor’s degree, preferably in actuarial science, mathematics, statistics or related field. Fellow or Associate of the Casualty Actuarial Society (FCAS strongly preferred; ACAS considered with relevant experience). Minimum of 10+ years of progressive actuarial experience in property & casualty insurance, with workers’ compensation experience strongly preferred. Minimum of 5 years of formal leadership experience, including prior experience leading or partnering closely with product management functions. Demonstrated expertise in pricing strategy and optimization with exceptional ability to communicate and translate actuarial findings into practical business recommendations. Experience integrating predictive analytics into pricing and underwriting strategies. Strong product management orientation and comfort working across multiple functions. Company RICA Republic Indemnity Company of America Salary Range $230,000.00 - $270,000.00 Benefits We offer competitive benefits packages for full-time and part-time employees. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy paid time off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits. Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at Excludes seasonal employees and interns. #J-18808-Ljbffr Republic Indemnity