VP of Actuarial and Business Operations (Commercial P&C Insurance) at Warrior MET Coal in Troy, MI

Job description

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 unit's 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 execu