Do you have what it takes to keep up with one of the fastest-growing companies in America?
If you work hard, play hard and your tail’s always wagging, there may be a place for you at the most innovative name in pet insurance- Petplan! Our headquarters is buzzing with talented professionals- and their pets!- who are helping Petplan turn the pet insurance industry on its tail. We’re looking for candidates who can balance the wisdom that comes from solid work experience with the passion to push the limits and always take a fresh approach.
We love people who come to work to create, collaborate and contribute- and have fun doing it! In spite of our explosive growth, we’ve maintained our entrepreneurial spirit, which means we work as a team, celebrate each other’s achievements, and give it all we’ve got, every day.
Petplan is seeking a creative and innovative Actuary to join our Actuarial team. Reporting to the Company’s VP of Insurance, the Actuary is responsible for leading overseeing the internal process for product pricing; monitoring and reporting on the performance of the Company’s book, and assisting with the Company’s vision for new features and products.
This person is responsible for contributing to the overall profit and growth of the Company. The Actuary will gather existing product and competitor data to ensure the Company’s product(s) supports the overall business model, in addition to developing new features and products which increase profitability.
Assist Lead Actuary in setting and implementing pricing strategy
Increase profitability of existing product line(s)
Create rate level and rate change analyses; research potential rating plan enhancements; and assist in responding to department of insurance objections
Participate in projects supporting the implementation of approved rate filings
Conduct analysis, pricing and risk assessment to estimate financial outcomes
Prepare and interpret various predictive modeling tools for use in analysis
Document, report and present on product profitability and performance metrics
Analyze competitor offerings to identify differentiators that will assist with product development
Develop new features and products based on market demands and requirements
Conduct verification and market testing of new features and products
Monitor, report and present on the status of projects
Actively pursue actuarial designations
This position requires strong quantitative, analytical, creative problem-solving, and competitive monitoring skills; the ability to see the big picture while having an exceptionally detail-oriented focus; the ability to adapt easily; proficiency in planning and organizing; expertise in the preparation of spreadsheets and analysis of data; intermediate proficiency in SQL and predictive modeling; proficiency in mathematical skills; the ability to work with a variety of people in a fast-paced environment; the ability to work on and complete multiple projects simultaneously; the ability to work independently toward a common goal; the ability to think creatively; a highly-driven and self-motivated personality.
Knowledge of the Property & Casualty industry required; experience in Personal Property/Inland Marine is preferred. Additional requirements include a Bachelors’ degree, 2-4 CAS exams, and 2+ years’ experience.
At Petplan, we don’t just accept difference — we celebrate it, we support it, and we thrive on it for the benefit of our employees, our products, and our community. Petplan is proud to be an equal opportunity employer.
Petplan has built the industry’s leading pet insurance for pet parents who demand a higher pedigree of care for their best friends. We’ve leveraged 40 years of global experience to create completely customizable coverage pet parents can feel confident in, and world-class claims service that’s second to none—24 hours a day, every day.
Petplan’s innovative approach to pet insurance has been recognized by Forbes, Financial Times, Bloomberg, Inc. magazine, Smart CEO, the Communicator Awards, Ernst & Young and many others.
Petplan policies are underwritten in the U.S. by XL Specialty Insurance Company and in Canada, by XL Specialty Insurance Company-Canadian Branch. The company is rated A+ by S&P. Coverage may not be available in all jurisdictions. For more information about Petplan pet insurance, visit www.gopetplan.com or call 1-866-467-3875.