AVP Specialty Pricing

Ledgebrook is an InsurTech MGA on a mission to bring Specialty insurance into the modern era. Burdened with legacy technology and processes, the industry has not kept pace with the speed of innovation seen in other sectors. Positioned at the cutting edge of the next generation of InsurTech, Ledgebrook offers the best of both worlds: innovative world-class technology deployed by a leadership team armed with over 100 years of insurance expertise. 

Our long-term vision is to become a diversified full stack Specialty re/insurer competing with legacy carriers in product lines & markets across the globe. To get there, Ledgebrook will build our premium base by rolling out a new Specialty product every ~6 months until we prove enough traction to raise a balance sheet, become a full stack carrier and eventually compete in the reinsurance markets. Our initial product will be domestic primary and excess GL E&S policies sourced via wholesale brokers. 

At Ledgebrook, everything we do is driven by our culture: Care, Strive, Thrive Together. To succeed in modernizing the industry, we must first succeed in changing the way we do business. Talent density is our north star—fewer, better people working together as one. To that end we’ve replaced all individual incentives with generous equity packages—we play as a team, we win as a team. Everyone benefits handsomely from Ledgebrook’s success. 

Ledgebrook is a fully-remote US based company backed by top venture investors including Brand Foundry & American Family Ventures. 

About the Role

Ledgebrook is seeking an AVP/VP, Specialty Pricing actuary to join our Product & Data team. This is a high-impact role where you will be instrumental in driving data-informed decision-making across our Professional, Cyber, and Excess Liability portfolios. You will be a key contributor by working closely with our underwriters and developing and maintaining our professional lines and excess casualty pricing.

As an AVP/VP, Specialty Pricing, you will:

• Develop Analytical Solutions: Help design and build predictive pricing models using a combination of machine learning and traditional actuarial methodologies. You will also create and implement analytical reports and processes that provide valuable business insights.
• Drive Data Strategy: Work closely with our incredible data and AI/ML engineers to define data requirements for advanced models and tools. You will ensure data integrity and accuracy as well as implement third-party data into projects.
• Communicate and Collaborate: Partner closely with underwriting, claims, finance, and other business stakeholders to translate complex actuarial findings into actionable business strategies. Your ability to communicate effectively will be crucial for the successful adoption of new insights and models.
• Own Technical Pricing: You will have the opportunity to own technical pricing. You collaborate with other teams to ensure your models and pricing tools are seamlessly integrated and maintained.
• Mentor and Grow: You will partner with other actuaries and data scientists on the team to build out our capabilities and foster a culture of continuous improvement and innovation.

Note that the level of this role will be adapted to match the candidate’s experience and skillset.

About you

Ledgebrook is seeking an AVP/VP, Specialty Pricing actuary to join our Product & Data team. This is a high-impact role where you will be instrumental in driving data-informed decision-making across our Professional, Cyber, and Excess Liability portfolios. You will be a key contributor by working closely with our underwriters and developing and maintaining our professional lines and excess casualty pricing.

As an AVP/VP, Specialty Pricing, you will:

• Develop Analytical Solutions: Help design and build predictive pricing models using a combination of machine learning and traditional actuarial methodologies. You will also create and implement analytical reports and processes that provide valuable business insights.
• Drive Data Strategy: Work closely with our incredible data and AI/ML engineers to define data requirements for advanced models and tools. You will ensure data integrity and accuracy as well as implement third-party data into projects.
• Communicate and Collaborate: Partner closely with underwriting, claims, finance, and other business stakeholders to translate complex actuarial findings into actionable business strategies. Your ability to communicate effectively will be crucial for the successful adoption of new insights and models.
• Own Technical Pricing: You will have the opportunity to own technical pricing. You collaborate with other teams to ensure your models and pricing tools are seamlessly integrated and maintained.
• Mentor and Grow: You will partner with other actuaries and data scientists on the team to build out our capabilities and foster a culture of continuous improvement and innovation.
• Note that the level of this role will be adapted to match the candidate’s experience and skillset.

Requirements

We are looking for candidates with a strategic mindset, strong actuarial pricing and/or insurance modeling experiences, and a passion for leveraging data to drive business value. 

• You’re a Technical Leader: You are a credentialed actuary or have a background in statistics with experience in professional liability pricing in the Property & Casualty insurance or reinsurance market. E&S experiences a plus.
• You’re an Excellent Communicator: You possess strong communication and presentation skills with the ability to “sell” your pricing models to stakeholders. You’re also a collaborator who builds relationships to ensure team-wide trust.
• You’re a Problem Solver: You are proficient in Excel and SQL, with a strong desire to learn and innovate. You thrive in a fast-paced, startup environment and cannot wait to find new ways to solve business problems.
• You’re a Team Player: Culture is the backbone of our company. Your passion and collaborative spirit will help us achieve our ambitious company goals.

Benefits

U.S & Canada Benefits 

• Full remote flexibility and asynchronous work culture.
• Unlimited PTO and fully paid sick leave.
• Comprehensive health benefits, including medical, dental, and vision coverage, plus HSA and FSA options.
• Additional financial protection and retirement benefits, including a 401(k), company-paid life insurance, and disability coverage.

For Candidates Applying From The U.S. and Canada:

Please note: This position is open only to candidates who are authorized to work in the United States or Canada without the need for current or future employer-sponsored work authorization. We are unable to offer sponsorship at this time.

Ledgebrook may use Artificial Intelligence (“AI”) as part of the job application process, including to assist us in evaluating your application. AI is used as a support tool, and hiring decisions are made by human recruiters. By submitting your information, you acknowledge that the company may use AI tools as part of our evaluation. If you need a reasonable accommodation or alternative review process because of a disability or other legally protected basis, contact [email protected]. Requesting an accommodation will not negatively affect your application.

Compensation

Compensation:

• Base Salary Range $175,000-$195,000. This is a good-faith compensation range based on what Ledgebrook reasonably expects to pay for this position at the time of this posting. Actual compensation may vary based on a variety of relevant factors including experience, qualifications, geographic location and other relevant factors. 
• Employees in this position are eligible to participate in Ledgebrook’s equity incentive program.