Zenith Insurance Company (United States) · 10 hours ago
Pricing Actuary
Zenith Insurance Company is a team of Workers' Compensation Specialists dedicated to providing support for workplace injuries. They are seeking an experienced Pricing Actuary to lead pricing, modeling, and analytical initiatives focused on Workers’ Compensation.
Financial ServicesInsurance
Responsibilities
Develop, enhance, and maintain workers’ compensation pricing models, including class‑level, segment‑level, and account‑level pricing tools
Conduct rate adequacy studies, trend analyses, and loss cost reviews to support pricing decisions and regulatory filings
Partner with Underwriting, Product, and Finance teams to evaluate pricing strategies, portfolio performance, and profitability
Lead research initiatives to identify emerging trends, cost drivers, and competitive dynamics in the marketplace
Partner with the Large Commercial team to assist in the pricing of loss sensitive products (e.g. guaranteed cost, retro, large deductibles)
Build and automate data pipelines, dashboards, and analytical tools to improve pricing efficiency and accuracy
Establish benchmark pricing for WC TPA related services
Present findings and recommendations to senior leadership in a clear, concise, and business‑focused manner
Mentor junior analysts and contribute to best‑practice development across the actuarial function
Directly manage one direct report
Qualification
Required
High School Diploma Or equivalent required
Bachelor's Degree in Mathematics or comparable discipline required
Minimum 8 years of actuarial experience, with significant workers' compensation pricing experience strongly preferred
Knowledge of state regulatory environments, NCCI/independent bureau filings, and rate‑making processes
Ability to manage multiple projects and work effectively in a fast‑paced environment
Strong analytical, problem‑solving, and critical‑thinking skills
Ability to communicate complex technical concepts to non‑technical stakeholders
Experience with statistical learning concepts (e.g. GLMs)
Preferred
ACAS/FCAS or equivalent actuarial credentials (designation preferred but not required, depending on experience)
Proficiency in SQL for data extraction, transformation, and analysis
Experience with portfolio optimization, segmentation, or elasticity analysis
Understanding of insurance finance, including profitability metrics and capital considerations
Programming of statistical learning methods (e.g. GLMs) in R/Python
Benefits
Medical, Dental and Vision Insurance
Flexible Spending Accounts
Paid Parental Leave
Life, AD&D and Disability Insurance
401(k), Employee Share Purchase Plan (ESPP)
Education and Training Reimbursement
10 paid Company Holidays, 2 Personal Days, 2 Floating Holidays
Employee Assistance Program (EAP)
Company
Zenith Insurance Company (United States)
Zenith is the premier specialist in workers’ compensation nationally, and a leader in property and casualty insurance for the California agriculture industry.