Breaking Barriers in Insurance Industry Leadership
March 3, 2025
Discover how Lyneer Search Group successfully placed a female senior-level Pricing Actuary in a traditionally male-dominated industry.
Client Overview
Industry: Property & Casualty Insurance
A swiftly growing Property & Casualty (P&C) insurance carrier sought to hire a senior-level Pricing Actuary. Given the company's young and dynamic nature, the ideal candidate needed to be not only technically proficient but also adaptable, open-minded, and capable of contributing to the development of a structured team environment. Further complicating the search was the decentralized nature of the team, spanning multiple geographies.
The Challenge
Finding a senior-level Pricing Actuary with the right blend of technical expertise, leadership ability, and adaptability was no small task; especially in a traditionally competitive market. The client also sought to enhance diversity in its leadership team, making it imperative to conduct an inclusive search while maintaining the highest hiring standards.
Lyneer’s Strategy
To ensure we identified the most qualified and diverse talent pool, Lyneer took a strategic approach:
- Conducted extensive market research to identify both active and passive candidates across the East Coast.
- Focused on outreach efforts designed to connect with a broader range of talent, ensuring that female actuaries and other underrepresented groups were considered.
- Assessed candidates beyond their technical skills—evaluating their ability to thrive in a high-growth, decentralized environment.
- Provided our client with key insights into industry hiring trends and best practices for building a well-rounded actuarial team.
The Outcome
Lyneer presented a carefully curated slate of four CAS-certified candidates, three of whom were selected for interviews. Within 60 days of initiating the search, the client extended an offer to a highly qualified female FSA-designated actuary, marking a significant step forward in fostering leadership diversity within their organization.
Impact
- Strategic Hiring: The new hire’s expertise and leadership have contributed to structuring and strengthening the pricing team.
- Enhanced Diversity: By successfully placing a female actuary in a senior role, the client took a meaningful step toward breaking industry norms and fostering inclusivity.
- Business Growth: The hire’s ability to navigate a dynamic and decentralized team has driven collaboration and innovation within the company.
Lyneer’s expertise in executive search, commitment to diversity, and strategic recruitment approach played a crucial role in identifying and securing the right talent for our client. This placement not only filled a critical role but also set a precedent for future leadership opportunities within the industry.
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