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Senior Pricing Analyst-

Actuarial Pricing - Hiscox USA

Role & Team:

The Senior Pricing Analyst role is an associate-level position for a critical thinker who enjoys applying analytical skills & innovative thinking to support pricing processes, tools, and strategies in partnership with multiple teams within Hiscox. This role will work across several lines of business that include Professional Liability, General Liability, BOP, Management Liability, Cyber and other specialty commercial products.

The primary function of this role will be to assist in developing and implementing rate strategies through deep independent analysis in partnership with fellow pricing analysts and managers. This role reports to a Pricing Manager, with the primary objective of creating sustainable and profitable growth for Hiscox USA.

This is a fantastic opportunity to join Hiscox USA, a growing business where your actions will directly and substantially impact the profitability of the company. You will become part of a team that is leading innovation within the company, working to develop and deploy strong pricing capabilities, and building a best-in-class pricing framework.

Key Responsibilities:

• Rating plan design: Develop pricing frameworks for new products, including selection of rating variables, base rates, relativities, and tiering appropriate for small business commercial risks.

• Launch filings & monitoring: Prepare state filings, actuarial memoranda, and supporting exhibits for new product approvals; track early performance against pricing assumptions and recommend adjustments as experience emerges.

• Rate review & filings: Create, maintain, and streamline the rate change process, including rate indications, factor reviews, competitor comparisons, impact analysis, rate filings, and handle DOI objections.

• Implementation & monitoring: Partner with IT to update raters and policy admin systems, support QA and UAT, and track post-change impacts on premium, mix, retention, hit ratios, and loss ratio.

• Profitability reviews: Perform product, class, segment, and portfolio profitability reviews, translating findings into actionable pricing and underwriting recommendations.

• Strategy & planning: Partner with Product, Underwriting, and Distribution leadership on segment-level pricing strategy - risk selection, tiering, and mix management - and contribute to annual planning discussions.

• Market monitoring: Track competitor rate activity, market cycle indicators, and regulatory developments, and assess implications for the book.

• Data & tools: Build SQL queries, validation routines, and reusable tools, templates, and dashboards that give the team and business partners faster access to pricing insights.

• Actuarial methods & governance: Apply standard actuarial techniques including GLMs and other multivariate approaches; contribute to model documentation and peer review protocols.

• Communication: Present findings to technical and non-technical stakeholders.

Person Specification:

• 3+ years of P&C actuarial pricing experience, preferably in small business commercial and/or personal lines.

• 5+ CAS exams passed, with clear intent to pursue ACAS/FCAS; bachelor's degree in actuarial science, mathematics, statistics, economics, or a related quantitative field (or equivalent experience).

• Hands-on experience preparing and managing rate filings and handling DOI objections.

• SQL proficiency required; working knowledge of at least one of Python, R, or VBA.

• Project management and workstream ownership experience across multi-team initiatives; strong written and verbal communication and analytical skills.

• Direct experience contributing to a US P&C new product launch or material rating plan overhaul.

• Experience with GLM-based rating plans or other multivariate pricing models; familiarity with SERFF and specialty commercial lines (Professional Liability, Management Liability, Cyber, GL, BOP).

Hiscox Values:

At Hiscox our spirit is in Challenging Convention and everything we do is guided by our Values.

• Courage: Dare to take a risk

• Ownership: Passionate, commercial and accountable

• Integrity: Do the right thing, however hard

• Connected: Together, build something better

• Human: Clear, fair and inclusive

What Hiscox USA Offers:

• Competitive salary and bonus (based on personal & company performance)

• 401(k) with competitive company matching

• Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)

• Company paid group term life, short- term disability and long-term disability coverage

• 24 Paid time off days, 2 Hiscox Days, 10 paid holidays, and ability to purchase 5 PTO days

• Paid parental leave

• 4-week paid sabbatical after every 5 years of service

• Financial Adoption Assistance and Medical Travel Reimbursement Programs

• Annual reimbursement up to $600 for health club membership or fees associated with any fitness program

• Company paid subscription to Headspace to support employees' mental health and wellbeing

• Recipient of 2024 Cigna's Well-Being Award for having a best-in-class health and wellness program

• Dynamic, creative and values-driven culture

• Modern and open office spaces, complimentary drinks

**Please note that this position is hybrid and requires two (2) days in our office weekly**

Salary Range: $90-$140k

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

About Hiscox:

As an international specialist insurer, we are far removed from the world of mass market insurance products. Instead, we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.

We insure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions.

Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places.

Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch.

About Hiscox USA:

Hiscox USA underwrites small- to mid-market commercial risks through brokers, other insurers and distribution partners and directly to businesses. In 2026, gross written premiums for the segment will represent over $1bn. Circa 50% of the portfolio comprises small commercial business sold either online or through intermediaries, and the remaining 50% represents traditionally traded business intermediated through broking partners including Professions, Crisis Management and Specialist lines such as Media & Entertainment.

Hiscox USA has built the digital business since 2010 through ongoing investment in the brand, technology and operational capabilities. The business has pursued an omni-channel approach since inception, and so are less constrained by the channel conflict which affects some competitors. Customers have a choice of buying policies online end-to-end, by connecting with a Hiscox agent over the telephone, or alternatively through a third-party broker or insurance carrier partner. The business follows an 'all roads lead to Hiscox' philosophy, ensuring it is available to do business with target customers whichever way they choose.

You can follow Hiscox on LinkedIn, Glassdoor and Instagram (@HiscoxInsurance)

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