Mission US · 1 month ago
Lead Actuary
Mission Underwriters is a company that provides capital and reinsurance access for Program Administrators. As the Lead Actuary, you will lead pricing and analytics for loss sensitive insurance programs, designing actuarial frameworks and mentoring analysts.
AccountingFinancial ServicesInsuranceRisk ManagementVenture Capital
Responsibilities
Develop and own experience rating and loss-sensitive pricing models for complex commercial programs
Produce loss picks, expected loss ratios, and risk loads across multi-year structures
Evaluate program features such as SIR layers, corridor terms, aggregate limits, profit-share, commutation triggers, and reinstatements
Document pricing assumptions and ensure adherence to internal pricing standards
Build monitoring dashboards for program performance vs. plan (loss emergence, frequency/severity trends, development, burn costs)
Conduct quarterly/annual rate adequacy and profitability reviews for loss-sensitive portfolios. Identify drivers of deviation (claims handling, attachment points, industry shifts, social inflation, etc.) and recommend corrective actions
Serve as actuarial lead in underwriting committee and deal review meetings
Translate technical outputs into clear business recommendations
Provide mentorship/training to analysts and underwriters on loss-sensitive mechanics
Qualification
Required
7–10 years of actuarial experience in P&C insurance
Practical, hands-on pricing experience in loss sensitive programs (umbrella/excess GL, excess auto liability, property and others)
Cat modeling experience, either through vendor models (e.g., RMS, AIR, CoreLogic) or advanced internal stochastic / scenario-based tail modeling
ACAS/FCAS (or international equivalent). Near-Fellow with strong relevant experience will definitely be considered
Advanced analytical skills in Excel and actuarial tooling; ability to build transparent, auditable models
Proven ability to communicate complex risk concepts clearly to underwriting and leadership
Preferred
Direct experience pricing loss sensitive programs
Experience with casualty catastrophe / clash / accumulation modeling
Proficiency in one or more of: Python, R, SQL, VBA, or modern actuarial platforms
Benefits
Medical, Dental, Vision
401K, 401K Match
Life and Disability Benefits
Unaccrued Paid Time Off
11 Paid Holidays
Employee Discounts
Employee Assistance Program
Educational Assistance Program
Employee Referral Program
Paid Parental Leave
Company
Mission US
Capital, Technology and Operational Resources to Help You Start Your Own Program.
Funding
Current Stage
Growth StageRecent News
Bishop Street Underwriters
2025-10-20
Reinsurance News
2024-02-09
Company data provided by crunchbase