Josh Kraft, Victor US
Senior vice president and actuary
Josh Kraft joined Victor US in 2014 and was promoted earlier this year to senior vice president and actuary. He plays a key role in the immediate and long-term analysis and oversight of all business lines and is responsible for monitoring rate adequacy levels, collaborating with senior leaders on how to profitably add new business lines, and determining appropriate structural changes to best support risks.
“I believe that innovation and predictive analytics are key for the industry’s success,” Kraft says. “As more data and better tools become available, industry leaders should take advantage of these changes to reconsider risk appetites. We are in the risk-taking business, and these changes should help broaden coverage. A lot has changed in the last 12 months, and those who can adapt quickly, innovate and keep an open mind to try different approaches and learn new skill sets will be successful in the long run.”