VP of Actuarial and Business Operations (Commercial P&C Insurance)
Job Summary
Job Title: Vice President Actuarial and Business Operations
Location: Troy Michigan Hybrid; 3 days in-office and 2 days work-from-home
Employment Type: Full-Time
Requisition Begin Date: 09/08/2026
Requisition End Date: 11/08/2026
Posting may close earlier if filled or business needs change.
Help us insure it
Tokio Marine HCC Public Risk Group a member of the Tokio Marine Group of companies is a market leader in providing specialized insurance products for municipal entities. We serve counties cities townships villages police departments prisons fire departments and other governmental entities. Our business supports the insurance and risk management needs of medium and large public entities by providing property and casualty insurance coverages in multiple states.
Role Overview
Tokio Marine HCC Public Risk Group is seeking an accomplished Vice President Actuarial and Business Operations to serve as a key member of the leadership team. Reporting to and partnering closely with the Public Risk Group President this role provides strategic leadership for actuarial compliance and business operations and supports pricing profitability financial planning regulatory and operational priorities.
The Vice President provides independent data-driven insight into business performance financial outcomes loss trends pricing adequacy growth opportunities emerging risks regulatory compliance and business communications. This role also leads the development of actuarial capabilities scalable business processes reporting tools organizational resources and talent strategies that support profitable and sustainable growth.
Key Responsibilities
Actuarial and Business Leadership
Serve as a strategic actuarial advisor to the President and leadership team providing objective insight into pricing profitability loss trends expenses growth opportunities and emerging risks.
Lead actuarial and financial analyses across products and lines of business to evaluate pricing adequacy loss trends profitability financial returns strategic alternatives and opportunities for profitable growth.
Partner with Underwriting and Product Management to develop and refine pricing strategies underwriting segmentation product structures and portfolio management approaches.
Monitor industry regulatory legal economic and loss-cost trends and assess their potential impact on the business and its portfolio.
Bring an actuarial financial operational and enterprise-wide perspective to business decisions.
Financial Planning and Performance
Provide actuarial and financial leadership in the development of annual plans budgets forecasts and longer-term financial objectives.
Establish and improve reporting tools methodologies and processes to provide timely accurate and actionable insight into business performance.
Prepare and present executive-level reporting on business performance trends financial outlook compliance matters risks and strategic initiatives.
Promote disciplined decision-making effective cost management strong internal controls and continuous improvement.
Compliance and Governance
Provide executive oversight of the business units regulatory compliance function including governance risk management compliance monitoring and adherence to corporate and professional actuarial standards.
Provide executive oversight of the preparation coordination and submission of rate rule and form filings across multiple lines and states and ensure timely and accurate regulatory reporting including Surplus Lines tax and fee submissions.
Be a resource for the compliance department in interpreting state insurance laws regulations bulletins and emerging regulatory developments to assess their impact on products operations and compliance procedures.
Oversee responses to regulator inquiries objections and information requests and maintain constructive relationships with state insurance departments.
Provide executive oversight of agency appointment processes producer licensing and appointment requirements and partner with Corporate Legal to review and approve legal agreements for regulatory and corporate compliance.
Leadership and Talent Development
Build and lead high-performing actuarial and business operations teams including establishing organizational structure talent strategy succession plans performance expectations and development opportunities.
Maintain full human resources responsibility for direct reports including hiring training work coordination performance management coaching counseling and career development.
Foster a collaborative accountable and analytically rigorous team culture.
Executive and Organizational Communications
Prepare executive and organizational communications including leadership meetings town halls quarterly business reviews and other key presentations.
Translate complex actuarial financial compliance and operational information into clear recommendations for stakeholders at all levels.
Provide executive oversight of Program Administrators support of board governance activities.
Provide strategic direction and executive governance for the business units marketing function ensuring initiatives align with corporate guidelines business priorities and brand standards.
What You Bring
Bachelors degree in Actuarial Science Mathematics Statistics Finance Business Administration Insurance Risk Management or a related field; equivalent relevant education and experience may be considered.
ACAS designation required; FCAS designation preferred.
At least 15 years of progressive experience in the property and casualty insurance industry including significant actuarial business operations financial planning or strategic leadership experience.
At least 5 years of senior leadership experience leading teams functions or business operations within a commercial specialty public entity municipal or governmental insurance organization.
Demonstrated experience leading or materially influencing pricing profitability analysis portfolio performance strategic planning financial planning operating performance or enterprise-wide initiatives.
Experience partnering directly with executive leadership on business strategy financial results operational priorities regulatory matters and organizational effectiveness.
Working knowledge of the relationships among underwriting claims actuarial compliance finance product distribution and risk management.
Demonstrated experience operating within a regulated multi-state insurance environment.
Strong experience managing budgets resources operational priorities and complex cross-functional initiatives.
Proven ability to build lead and develop high-performing teams and future leaders.
Preferred Qualifications
Experience in public entity municipal governmental property and casualty insurance.
Knowledge of state insurance regulatory expectations market conduct compliance controls and insurance governance practices.
Advanced degree MBA CPCU ARM ARe or another relevant insurance or risk-management designation.
Core Competencies
Commercial Insurance Acumen: Strong understanding of commercial and specialty P&C insurance business models operating cycles regulatory requirements and profitability drivers.
Strategic Execution: Ability to convert business strategy into measurable priorities operating plans and sustained results.
Operational Leadership: Proven success improving processes controls resource allocation and organizational effectiveness in a complex insurance environment.
Financial and Analytical Acumen: Ability to interpret financial results actuarial analysis operating metrics and risk indicators to guide business decisions.
Leadership and Talent Development: Demonstrated ability to build lead mentor and develop high-performing teams and future leaders.
Executive Communication: Exceptional written and verbal communication skills including the ability to influence senior stakeholders and present complex information clearly.
Change Leadership: Ability to lead through ambiguity manage competing priorities and build alignment across functions.
Skills and Attributes
Ability to work effectively with business partners and stakeholders across Actuarial Underwriting Claims Compliance Finance Product and Operations.
Demonstrated actuarial judgment analytical and problem-solving skills and the ability to apply technical insights to strategic business decisions.
Strong organizational skills and the ability to manage multiple priorities and deadlines.
Proficiency with Microsoft Office applications including Excel Access PowerPoint and Word.
Experience with programming languages or statistical modeling packages such as R or Python.
Proficiency with Microsoft SQL Server Management Studio and experience designing and improving queries using T-SQL.
What We Offer
Competitive salary and comprehensive benefits package.
Strong learning culture with ongoing development opportunities.
Opportunities for growth and career advancement.
Comprehensive medical vision and dental coverage with eligibility beginning on the first day of employment.
Basic life and disability insurance.
401(k) plan with a 6% company match.
20 days of PTO and two floating holidays prorated.
Approximately 11 paid holidays and volunteer time off.
Paid parental leave.
Access to our award-winning wellness program including mental health services fitness network membership and a complimentary Headspace subscription.
Student loan matching program.
Employee discount program.
An opportunity to do meaningful work and love what you do.
Disclaimer
You do not need to disclose your criminal history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and conducting a background check if the Company is concerned about a conviction directly related to the job you will be given the opportunity to explain the circumstances surrounding the conviction or challenge the accuracy of the background report.
The Company will consider for employment all qualified applicants including those with criminal histories in a manner consistent with applicable federal state and local laws including the Violent Crime Control and Law Enforcement Act of 1994 18 U.S.C. 1033(e) the VCCLEA. The VCCLEA restricts financial institutions and insurers such as TMHCC from employing individuals with certain types of criminal convictions. Where employment is not restricted by applicable law the Company will consider qualified applicants with arrest or conviction histories in compliance with applicable fair-chance hiring laws and ordinances.
About Us
Tokio Marine HCC is a global specialty insurance group backed by the strength and stability of the Tokio Marine Group. Offering more than 100 classes of specialty insurance we empower clients to pursue opportunities confidently through our Mind Over Risk philosophy. More than an insurance company we are an organization built on innovation unity and trust.
At our core we are Always Advancing driven by innovation and an entrepreneurial spirit that keeps us moving forward. Our people are Experts in Tomorrow using curiosity and smart working to anticipate whats next. With a culture rooted in Reaching Out we foster genuine collaboration and support ensuring every individual has the opportunity to succeed and make a difference.
Applying our Mind Over Risk philosophy to writing insurance allows our customers to take on opportunity with confidence. That philosophy defines how we think unites us as a team and differentiates us from our competitors. We are much more than just an insurance company; we are a good company.
Equal Opportunity Employer
TMHCC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age ancestry citizenship color family or medical care leave gender identity genetic information marital status medical condition national origin physical or mental disability protected veteran or military status race ethnicity religion sexincluding pregnancysexual orientation or any other characteristic protected by applicable local laws regulations and ordinances.
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About Company
Tokio Marine HCC - Surety Group is a leading provider of surety bonds that help businesses and individuals provide their customers with confidence and security.