Principal Pricing Actuary - THREE at Berkshire Hathaway Direct Insurance Company – Stamford, Connecticut

We are seeking a Principal Pricing Actuary to serve as the primary actuarial owner for pricing at THREE, our comprehensive small business insurance product. THREE provides multi-line coverage to small businesses.

This role carries end-to-end responsibility for actuarial pricing across the THREE product and direct leadership of a growing actuarial team. The Principal Pricing Actuary will set pricing strategy, own actuarial methodologies, ensure rate adequacy, and oversee execution from analysis through rate filing and implementation.

This role will initially manage three direct reports, with responsibility to scale the team over time as the product and business grow. Given the breadth of THREE and evolving internal priorities, this position requires a high degree of independence, sound actuarial judgment, and the ability to lead both people and outcomes with limited day-to-day oversight.

The Principal Pricing Actuary will act as the day-to-day actuarial decision maker and people leader for THREE, partnering closely with Product, Underwriting, Data Science, Finance, and senior leadership.

This role can be worked either hybrid in Stamford, CT (Tues/Wed in office) or remotely with quarterly mandatory travel to our Stamford, CT location.

Key Responsibilities

Actuarial Ownership & Strategy

• Serve as the primary actuarial owner for pricing across all THREE lines of business, with particular focus on Commercial Property and General Liability
• Set and evolve pricing strategy, balancing growth, competitiveness, and long term profitability
• Make independent actuarial recommendations and sign off on pricing assumptions, methodologies, and decisions

Team Leadership & Management

• Manage, mentor, and develop a team of actuarial analysts and actuaries, currently consisting of three direct reports
• Set clear expectations, priorities, and development plans for team members
• Review and validate team analyses to ensure technical quality, accuracy, and consistency
• Build a strong culture of ownership, accountability, and analytical rigor
• Partner with leadership to scale the actuarial pricing team over time, including hiring, onboarding, and role design as needed

Pricing Execution & Governance

• Own the full pricing lifecycle, including scoping, analysis, internal review, regulatory rate filings, and implementation
• Lead the quarterly profitability review, including review of and coordination across all lines of business
• Establish and maintain strong pricing governance, controls, and documentation
• Ensure accuracy, consistency, and transparency across all pricing deliverables

Modeling & Technical Leadership

• Design, build, and maintain pricing models, including GLMs and other actuarial models, using SQL and R or Python
• Provide technical direction and review for models developed by team members
• Partner with data science teams to enhance GLMs and incorporate predictive model outputs into pricing decisions
• Interpret and incorporate CAT model outputs and other external data sources as appropriate
• Improve efficiency and effectiveness of the entire pricing process

Cross Functional Leadership & Communication

• Act as the actuarial authority for THREE in discussions with Product, Underwriting, Finance, and senior leadership
• Clearly communicate complex actuarial concepts, tradeoffs, and recommendations to non actuarial stakeholders
• Influence business decisions through clear, confident, and concise communication
• Represent pricing actuarial perspectives in strategic planning discussions

Required Qualifications (Must-Haves):

• Significant P&C pricing experience with demonstrated ownership of pricing decisions
• Commercial lines pricing experience, specifically Commercial Property and General Liability
• Strong hands on coding skills in SQL and R or Python
• Experience building and owning actuarial models, including GLMs, end to end
• Excellent communication skills, with the ability to explain complex actuarial analyses clearly and confidently to senior, non technical audiences
• Proven ability to lead, mentor, and manage actuarial staff
• Demonstrated ability to operate independently, prioritize work, and exercise sound actuarial judgment

Additional Qualifications:

• FCAS preferred; strong ACAS with extensive pricing ownership and leadership experience will be considered
• 10+ years of P&C actuarial experience, primarily in pricing
• Experience pricing small business or package products
• Experience scaling or maturing actuarial teams and processes
• Familiarity with regulatory environments and rate filing processes
• Strong organizational skills and attention to detail
• Experience collaborating closely with data science or advanced analytics teams

Why This Role:

This is a senior leadership role with direct responsibility for both pricing outcomes and actuarial talent for a core small business insurance product. The Principal Pricing Actuary – THREE will shape pricing strategy, develop and lead a growing team, and influence key business decisions across the organization.

For an actuary looking to own pricing end-to-end, lead people, and operate as a trusted actuarial authority, this role offers significant scope, autonomy, and visibility.

About Us

Our parent, Berkshire Hathaway Inc. (berkshirehathaway.com) is a holding company with diversified interests in a host of industries, including insurance, energy, transportation and manufacturing. Most policies issued through THREE will be underwritten by Berkshire Hathaway Direct Insurance Company ("BHDIC"), which is an AM Best rated A++ insurer. ("BHDIC"), which is an AM Best rated A++ insurer.

BHDIC is domiciled in Omaha, Nebraska. BHDIC and the team at biBerk are focused on helping small business owners quickly and easily buy affordable insurance directly from a financially strong insurance company they can trust.

BHDIC is excited to announce our comprehensive benefits package with some new and enhanced features for 2026 that include:

• Medical (PPO/HDHP), vision, disability, and life insurance.
• Enhanced dental plan with orthodontia coverage in addition to a standard plan.
• Generous PTO plan for all benefit-time eligible employees.
• Paid company holidays and 4 floating holidays.
• Paid parental leave.
• Employee Retirement Savings Plan/401(k) with company match and immediate vesting.
• Education Assistance Program that offers 100% upfront tuition reimbursement after 6 months of service for approved degree programs.
• Service Recognition Program that provides a monetary award to be used toward a vacation every 5 years of employment.
• Wellness Initiatives that include Fitness Center and Weight Watchers Reimbursement programs.
• Voluntary benefits that include accident, critical illness, and hospital indemnity.
• Employee discount and rewards program on travel, tickets, electronics, home, and more.

In accordance with pay transparency laws and regulations, the following good faith compensation range estimate is being provided. The salary range for this position is $225,000 - 275,000 per year. Final compensation will be based on candidate qualifications, geographic location, and other considerations permitted by law. This position does not have bonus potential.