Pricing Transformation Analyst

Job Description

Company

Ategrity Specialty Insurance Company specializes in property, casualty, management liability, and professional liability insurance, with a strong emphasis on the excess and surplus (E&S) lines market. We partner with brokers and wholesale agents across the U.S. to deliver thoughtful insurance solutions for small and medium-sized enterprises. Our goal is to lead the E&S market through technical excellence, product innovation, and a culture that values precision, collaboration, and integrity.

Position: Pricing Analyst

Location: Chicago, IL or Des Moines, IA

Team Vision

The Pricing Strategy & Underwriting Analytics team is responsible for delivering pricing infrastructure, actuarial rigor, and strategic insights that help shape underwriting decisions, product evolution, and portfolio performance. Our work balances technical excellence with commercial understanding. We emphasize transparency, strong documentation practices, and alignment with ASOP standards.

Position Overview

This role is ideal for a data-savvy insurance analyst looking to take on a more strategic and cross-functional position focused on pricing transformation. You’ll work closely with Underwriting, Product, and IT to guide pricing-related initiatives from supporting new product launches to validating migrated rating logic and informing system design with real data insights.

You’ll play a critical role in building pricing analysis tools and shaping the enterprise pricing system that underpins how we assess and price risk. This includes pulling and interpreting data to inform tool structure, contributing to the design of pricing logic, and ensuring solutions meet both technical and business needs. You’ll work closely with cross-functional teams to validate results, identify and resolve issues, and deliver clear, well-documented tools that support consistent, data-driven decision-making across the organization.

Familiarity with SQL and data manipulation is essential, along with the ability to work with technical teammates and understand the business needs behind the numbers. Depending on experience, you may take ownership of analyses, mentor junior analysts, and contribute to a culture of transparency, precision, and execution.

Key Responsibilities

Pricing Design & Execution

• Develop full pricing plans including rate indications, expense loading, trend analysis, and rating factor design.
• Create transparent and well-documented pricing models that align with product structures and underwriting goals.
• Maintain clear documentation of all assumptions, methods, and limitations per ASOP standards.

Cross-Functional Collaboration

• Work directly with Underwriting and Product teams to align pricing strategy with market needs.
• Serve as an internal translator between technical and non-technical stakeholders.
• Peer review code and model logic created by developers or junior actuaries.

Technical & Analytical Work

• Use SQL, Excel, Python or R to manipulate data, validate assumptions, and test models.
• Conduct analyses related to rate change impacts, competitive position, retention/conversion, and loss performance.
• Support development of rating tools and Excel-based calculators used by Underwriters.

Communication & Governance

• Draft footnotes and model summaries that explain outputs clearly and anticipate how work will be used.
• Ensure all work products can be reviewed independently, reused accurately, and understood outside the actuarial function.
• Present recommendations to leadership and articulate trade-offs across options.

What Success Looks Like

• Rate plans are implemented accurately and produce predictable outcomes
• Stakeholders understand how pricing models work and how to use them
• Documentation aligns with actuarial standards and prevents misuse of analysis
• Projects move forward efficiently because communication is clear and decisions are well-supported

Qualifications

• Some experience in P&C insurance pricing, underwriting analytics, or insurance product development through internship or school work.
• Proficiency in SQL and Excel; familiarity with Python, R, or VBA a plus
• Strong communication skills with the ability to document assumptions, methods, and recommendations clearly
• Comfortable working independently and collaboratively to structure ambiguous problems and explain technical findings to non-technical stakeholders
• Industry designations (e.g., FCAS, ACAS, CPCU, ARM, AU) or progress toward actuarial exams are a plus, but not required
• Ability to travel once per quarter for meetings

Benefits:

• Competitive salary commensurate with experience
• Comprehensive benefits package including medical, dental, and vision coverage
• 401(k) retirement savings plan with employer match
• Paid time off and company holidays
• Professional development opportunities
• Collaborative and inclusive work environment with opportunities for career growth and advancement

Ategrity Specialty Insurance Company is an equal opportunity employer and values diversity in the workplace. We encourage candidates from all backgrounds to apply.