PL Line Lead Actuary

Location: Remote

NEXT’s mission is to help entrepreneurs thrive. We’re doing that by building the only technology-led, full-stack provider of small business insurance in the industry, taking on the entire value chain and transforming the customer experience.

Simply put, wherever you find small businesses, you’ll find NEXT.

Since 2016, we’ve helped hundreds of thousands of small business customers across the United States get fast, customized and affordable coverage. We’re backed by industry leaders in insurance and tech, and we still have room to grow — that’s where you come in.

Ready to be empowered? You'll bring your expertise to the table, acting autonomously to drive real change. You'll serve as a vital partner to our PL Insurance Product Managers, making data-backed recommendations that leadership will count on. With a hands-on approach, you'll keep a sharp eye on the line's trajectory, actively helping to shape its growth and profitability at NEXT.

What You’ll Do:

• Be the #1 subject matter expert at Next related to the pricing of the Professional Liability product
• Build and enhance actuarial methodologies around loss ratio forecast, rate indications, insurance analytics, and P&L management
• Partner with Insurance Product Managers to drive future product developments
• Partner with data science and data engineering to enable future-proof data architecture
• Deliver actuarially sound recommendations to senior management
• Provide ad hoc support to other business partners, including but not limited to reinsurance, finance, distribution, claims, and growth teams.

What We Need:

• FCAS mandatory
• 6+ years of actuarial experience; commercial insurance and product management experience preferred
• Communication and collaboration - work effectively with cross functional partners
• Gritty, self-driven personality - embrace challenges and are excited about unexplored possibilities
• Intellectual curiosity - dig deep and solve complex business problems
• Leadership mindset - identify business needs and drive solutions to meet them
• Expertise with some or all of the following software: Tableau, SQL, Python, MS Office, Google Suite

The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including, without limitation, job-related skills, experience, and relevant education or training. NEXT employees are eligible for our benefits package, consisting of our partially subsidized medical plan, fully subsidized vision/dental options, life insurance, disability insurance, 401(k), flexible paid time off, parental leave and more.

Don’t meet every single requirement? Studies have shown that some underrepresented people are less likely to apply to jobs unless they meet every single qualification. At NEXT, we are dedicated to building a diverse, inclusive and respectful workplace, so if you’re excited about this role but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.

One of our core values is 'Play as a Team'; this means making sure everyone has an equal chance to participate and make a difference. We win by playing together. Next Insurance is an equal opportunity employer and prioritizes building a diverse and inclusive workplace. We provide equal employment opportunities to all employees and applicants of any type and do not discriminate based on race, color, religion, national origin, gender, age, sexual orientation, physical or mental disability, genetic information or characteristic, gender identity and expression, veteran status, or other non-job-related characteristics or other prohibited grounds specified in applicable federal, state, and local laws. Next's policy is to comply with all applicable laws related to nondiscrimination and equal opportunity and will not tolerate discrimination or harassment based on any of these characteristics. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Originally posted on Himalayas