Head of Actuary at MGT Insurance | CA, US | Rezi

Head of Actuary at MGT Insurance

Head of Actuary

MGT Insurance · CA, US

1 months ago

Head of Actuary

MGT Insurance · CA, US

a month ago
Resume preview

Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now
Resume preview

Tailor your resume to this Head of Actuary role.

Rezi rewrites your resume against MGT Insurance's job description. Free.

Resume score gauge reading 58 out of 100

Don't guess if your resume is good enough.

See how it scores against the Head of Actuary posting at MGT Insurance — free, in seconds.

About the Role

MGT Insurance is seeking a Head of Actuarial to own both pricing and reserving for their AI-native commercial P&C carrier. This senior-most actuarial role involves setting actuarial strategy and hands-on model building, rate filings, and reserve estimates.

Responsibilities

  • Own MGT's pricing function including rate indications, rating plan design, rate filings, classification and territory relativities, and schedule rating logic.
  • Own MGT's reserving function — quarterly reserve estimates, IBNR analysis, loss development studies, and reserve adequacy testing.
  • Serve as the actuarial sign-off for rate filings submitted to state insurance departments; partner with Legal and Compliance on regulatory rate justification.
  • Partner with Underwriting on rate adequacy by class, segment, and geography.
  • Serve as the actuarial SME for Athena, MGT's AI underwriting agent — validating pricing logic, appetite signals, and risk scoring.
  • Own loss trend analysis and translate findings into pricing and underwriting guideline recommendations.
  • Partner with Finance on reserve-related financial reporting, statutory filings, and audit support.
  • Contribute actuarial perspective to reinsurance treaty structuring, submissions, and loss pick discussions.
  • Present pricing and reserving results to the Co-CEOs, board, and external stakeholders.
  • Build actuarial infrastructure; data pipelines, modeling standards, and documentation.
  • Evaluate and incorporate new data sources and modeling techniques into MGT's actuarial practice.

Requirements

  • 10+ years of actuarial experience in commercial P&C insurance, with direct experience in both pricing and reserving.
  • Demonstrated experience owning rate filings and reserve estimates independently.
  • Strong technical foundation: GLMs, loss development triangles, rate indication methodology, and reserve adequacy testing.
  • Experience working with state insurance department rate filing requirements and processes.
  • Ability to translate complex actuarial analysis into clear recommendations for underwriting, product, and executive stakeholders.
  • Comfortable operating as a build-from-scratch or small-team actuarial function — hands-on with the work.

Skills

  • Pricing
  • Reserving
  • Rate filings
  • Reserve estimates
  • GLMs
  • Loss development triangles
  • Rate indication methodology
  • Reserve adequacy testing
  • R
  • Python

Location

  • Denver, CO
  • Madison, WI
  • San Francisco, CA

Work Type

  • Hybrid

Experience Level

  • 10+ years

Education Level

  • FCAS or ACAS designation strongly preferred; candidates with substantial equivalent experience and progress toward fellowship will be considered.

Salary/Compensations

  • $190,000 – $300,000 annually

Benefits

  • Performance-based bonus
  • Equity
  • Comprehensive benefits package

About the Company

  • MGT is the first AI-driven, neo-insurer focused on evolving commercial P&C insurance for the brokers and small business owners.
  • By combining the expertise of industry veterans with state-of-the-art technology, we are ushering in the next evolution of commercial insurance and working to move the industry forward through the use of modern technology, better processes, and a rock-star team.
  • We seek visionary leaders who thrive in dynamic, entrepreneurial settings, and excel in autonomous roles.

Equal Opportunity

  • At MGT, inclusion drives excellence and belonging sustains it. We believe diverse perspectives make us stronger, more innovative, and more connected to the people we serve. We value every voice, champion equity, and create space where all people can grow and succeed together.
  • MGT is proud to be an Equal Opportunity Employer. We do not discriminate in employment opportunities or practices based on race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, disability, genetic information, marital status, military or veteran status, or any other status protected by applicable law.
  • All employment decisions are based on qualifications, merit, and business needs.
  • We are committed to providing reasonable accommodations for qualified individuals with disabilities throughout the application and employment process.