Chief Pricing Actuary - job 1 of 2

As the Chief Pricing Actuary at Argo Group, your key responsibilities will include leading the US pricing team, defining and executing pricing strategies, and managing tasks like rate change reporting and profitability reviews. You’ll utilize your expertise in predictive analytics and create frameworks for portfolio management, all while guiding your team to drive growth in underwriting income.

To qualify for the Chief Pricing Actuary role at Argo Group, you should possess a Bachelor's Degree in Mathematics or Statistics, along with ACAS or significant progress towards it. Having over 12 years of actuarial experience in commercial E&S products, especially in casualty lines, is essential, along with strong analytical and communication skills.

At Argo Group, the work environment for the Chief Pricing Actuary is collaborative and supportive. We promote a culture where you can bring your whole self to work, ensuring mutual respect and recognition for your contributions. You'll have the flexibility to work in a hybrid model, allowing for a balance between in-office and remote work.

A Chief Pricing Actuary at Argo Group should be proficient in a range of technologies and tools, including Snowflake/SQL, R Studio, and PowerBI. Strong skills in Microsoft Office Suite, particularly Excel and Access, are also vital, especially for managing data and performing analytics. Familiarity with property catastrophe modeling and risk-adjusted return models will further boost your effectiveness in this role.

When discussing your experience with predictive analytics in an interview, focus on specific projects. Highlight how you’ve applied historical data to forecast trends and make informed pricing decisions. Mention any tools you used (such as R or Python) and discuss the impact your insights had on pricing strategy and profitability.

In answering this question, underline your methodologies for analyzing various portfolios. Discuss how you balance risk and reward, monitor performance, and make adjustments based on external data. It’s important to show your analytical skills while stressing your ability to collaborate with other teams to align portfolio management with organizational goals.

When addressing challenges, choose a specific situation that demonstrates your problem-solving skills. Describe the challenge, the steps you took to overcome it, the tools or data you used, and the results achieved. This will provide tangible evidence of your capacity to handle complexities in pricing.

In your response, provide examples from your past experiences where you had to communicate complex actuarial concepts. Mention techniques such as using visual aids, simplifying language, or focusing on the business implications of your findings to help ensure understanding among non-technical stakeholders.

Share a concrete example of a pricing strategy that you successfully implemented. Describe the analytical approaches you took, the data or models used, and the results achieved, such as an increase in profitability or growth in the customer base, ensuring to connect your actions to specific outcomes.

When responding, outline your organizational skills and how you prioritize tasks. Discuss any tools or methodologies you employ to manage your workload effectively, such as project management software or specific workflows, emphasizing your ability to maintain quality while overseeing multiple projects.

Emphasize the importance of collaboration by sharing examples of how you’ve worked with cross-functional teams in the past. Highlight your communication skills and how they help facilitate teamwork, leading to better solutions and decisions in complex actuarial tasks.

In your response, share specific strategies you use to keep abreast of industry trends and regulations, such as attending conferences, reading industry publications, or being part of relevant professional associations. Show how this continuous learning influences your pricing strategies.

Describe a systematic approach, detailing how you gather requirements, explore technological options, and collaborate with stakeholders. Provide examples of rating tools you’ve developed and the successes they’ve brought to your past organizations.

When answering, outline your metrics for evaluation, such as profitability, market share growth, or customer retention rates. Include discussions on post-implementation analysis and feedback mechanisms to ensure continuous improvement in pricing initiatives.