Director, Lead Actuary

Vaco is hiring! We are seeking a Director and Lead Actuary for a valued partner of ours in Melbourne, FL. This role is a direct hire opening with their team within the insurance industry. In this role, you will be responsible for all Actuarial functions of their rapidly growing team. You will drive continual improvement through pricing, reserving and data science functions. You will have the ability and flexibility to take different approaches to traditional actuarial work. This is a high visibility role with the organization's executive team as well as external relationships, and you will have the opportunity to influence the future path of the business.

Schedule : M-F 8am to 5pm (fully on site)

Salary Range : $160-170k

WHAT YOU’LL DO :

• Lead and grow team of 3 actuarial staff.

Execute quarterly and annual reserving process including interaction with leaders across the company, external actuaries and auditors, and preparing reports and presentations for senior leadership.

Lead all Pricing work for company – existing admitted, and non-admitted products as well as new state and product expansion.        Refine quarterly rate indication process.

Assist in providing information and analysis to key external stakeholders (investors, reinsurers, auditors).

Lead strategy in design and development of next generation Insurance products and internal modeling.

Build strategic roadmap for enhancements to actuarial discipline and practice.

REQUIREMENTS :

Education :  Bachelor’s Degree or equivalent experience in similar work. ACAS or FCAS are required for this position.

Industry Experience :  5+ years of actuarial experience necessary. Experience working closely with business units and P&L management (rather than in a corporate role) would be highly preferred.

Management Experience :  2+ years of experience managing teams and projects. Proven positive leadership experience with the ability to mentor and manage performance.

Technical Proficiency :   Familiarity with next gen actuarial reserving and pricing tools (ex. Akur8, ResQ, etc.) and hot to build / implement preferred.

Communication Skills :  Strong interpersonal, collaborative, and presentation skills with the ability to communicate effectively, both written and verbally. Track record of executive level communication and ‘storytelling’ is highly preferred.

Entrepreneurial Drive / Intellectual Curiosity :  Proven ability to achieve ambitious goals in an innovative and demanding environment. Ability to look at standard actuarial challenges in novel ways.

Strategic Thinking :  Excellent organizational and analytical skills, with the ability to develop strategies informed by research, data, and industry trends.

Determining compensation for this role (and others) at Vaco / Highspring depends upon a wide array of factors including but not limited to the individual’s skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco / Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company’s 401(k) retirement plan.

Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and / or to receive other benefits and privileges of employment, please contact HR@vaco.com .

Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal .

By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies.

California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here .

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to :

With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.