GM Financial is hiring an AVP Insurance Pricing to be a thought leader in pricing data management and methodology design as we reinvent auto insurance. You will be responsible for rate level indications, state filings, and impactful analysis while mentoring a high-performing team.
What You'll Do
- Formulate pricing strategy in line with corporate objectives.
- Establish key profitability metrics and deliver performance summaries to senior leadership.
- Serve as the expert on actuarial pricing work, providing clear explanations of methodologies and results.
- Account for the preparation of rate level indications and actuarial support for state filings.
- Account for rate impact analysis and rate testing for accurate rate deployment.
- Work closely with Product & Design teams to inform pricing data management design.
- Work closely with State Management to support data-driven state pricing decisions.
- Collaborate with data scientists and modelers to improve rate segmentation.
- Advise Finance on profitability projections.
- Mentor and grow a high-performing team of pricing managers and analysts.
- Promote innovation in pricing data and methodologies.
- Conform with all company policies and procedures.
What We're Looking For
- Bachelor’s Degree or equivalent experience.
- 8+ years of Actuarial or pricing experience within property & casualty insurance, including at least 4 years in private passenger automobile pricing.
- 3+ years leading direct reports consisting of actuaries, pricing analysts, or data scientists.
- Associateship (ACAS) or fellowship (FCAS) with Casualty Actuarial Society.
- Strong actuarial foundation in ratemaking for private passenger automobile insurance.
- Solid understanding of financial performance metrics.
- Prior responsibility for rate indications, filings, and regulatory responses across multiple states.
- Familiarity with actuarial standards of practice and compliance frameworks.
- Knowledge of modern data practices and comfort with large, complex data environments.
- Experience managing relationships with upper management and presenting complex findings to non-technical audiences.
- Proven ability to lead and develop an actuarial pricing team, particularly in a remote environment.
- Exceptional interpersonal, communication, and cross-collaborating skills.
- Ability to meet expected delivery dates and adapt to rapidly changing business needs.
- Ability to use good judgment in making independent decisions.
- Strong in the use of Microsoft Office, data querying platforms (Databricks is a plus), and statistical programming tools such as Python.
Nice to Have
- Knowledge of predictive modeling and machine learning techniques used in pricing and underwriting.
- Knowledge of rating engines (Guidewire a plus) and rate testing and deployment protocols.
- Experience with pricing modernization initiatives.
Technical Stack
- Microsoft Office
- Databricks
- Python
- Guidewire
Team & Environment
This is a leadership role with direct reports, leading a team of pricing managers and analysts.
Benefits & Compensation
- 401K matching
- Bonding leave for new parents (12 weeks, 100% paid)
- Tuition assistance
- Training
Company Culture
We are building an Insurtech business that will reinvent auto insurance and leading the transformation of the auto insurance experience. We are serious about the safety and financial security of our customers.
