Director, Actuarial Pricing

ICW GROUP HOLDINGS; San Diego (CA); On-site; USD 150,000 - 230,000; Full time

Job summary

ICW Group, headquartered in San Diego, seeks a senior Actuary leader to produce complex analyses and provide expert actuarial advice across lines of business. You will manage an entire line of business, own domain areas, and drive enterprise solutions with cross-functional partners.

You will lead a team of Credentialed Actuaries and Analysts, set high service standards, and guide hiring, training, and performance development while ensuring data quality and profitability.

Qualifications

• Bachelor's degree in Applied Mathematics, Computer Science or related field.
• Minimum 7 years of actuarial experience.

Responsibilities

• Establishes and upholds a department direction and vision.
• Represents the company in business settings and potentially with external parties.
• Develops new business processes or comprehensive analytic efforts.
• Partners with business leaders to develop products and expand into new markets.
• Oversees performance management and development for the team.

Education

Bachelor's degree in Applied Mathematics, Computer Science or related field

Job description

Are you looking to make an impactful difference in your work, yourself, and your community? Why settle for just a job when you can land a career? At ICW Group, we are hiring team members who are ready to use their skills, curiosity, and drive to be part of our journey as we strive to transform the insurance carrier space. We're proud to be in business for over 50 years, and its change agents like yourself that will help us continue to deliver our mission to create the best insurance experience possible.

Headquartered in San Diego with regional offices located throughout the United States, ICW Group has been named for the twelfth consecutive year in a row and for the 20th time overall as a Top 50 performing P&C organization offering the stability of a large, profitable and growing company combined with a focus on all things people. It's our team members who make us an employer of choice and the vibrant company we are today. We strive to make both our internal and external communities better everyday! Learn more about why you want to be here!

Purpose of the Job

The purpose of this job is to produce complex analyses and provide expert actuarial advice to the Actuarial team. This position exists to support and execute Company strategy as directed by the Chief Actuary, while establishing and upholding a department direction and vision. This position will also manage an entire line of business or other area similar in scope or complexity, including owning one or more domain areas of responsibility, as well as increased breadth of ownership managing enterprise actuarial requests and solutions across all lines of business.

Essential Duties and Responsibilities

• Establishes and upholds a department direction and vision.
• Contributes to discussions around establishing vision and direction for the actuarial department.
• Represents the company in business settings and potentially with external parties.
• Responsible for developing new business processes or comprehensive analytic efforts.
• Ensures that the work product supports business growth and profitability.
• Takes responsibility to extensively modify processes in order to improve accuracy and efficiency.
• Invokes critical thought process to solve complex problems and identify dependencies in processes to enable direction of staff.
• Ensures soundness of actuarial analyses and consistency with Standards of Practice.

• Partners with business leaders to provide expertise on business efforts.
• Partners with business leaders in administering an entire line of business or other area of responsibility similar in scope and complexity.
• Organizes and coordinates actuarial efforts with business leaders to develop and implement new products and expand into new markets.
• Fosters positive, collaborative working relationships with higher level experts across the organization.
• Acts as the Subject Matter Expert (SME) for actuarial matters.
• Prepares and communicates actuarial findings to business leaders.

• Develops and manages a team of Credentialed Actuaries and Actuarial Analysts.
• Provides direction to team. Communicates Mission, Values and other organization operating principles to the team.
• Establishes high standards for the delivery of services and products rendered, resulting in an excellent customer experience. Ensures that the entire team is engaged and that leadership practices encourage development, recognition and retention.
• Establishes and adheres to hiring criteria, on-boarding and training requirements for incoming staff.
• Oversees the performance management and development process for the team and performs performance management duties, development planning and coaching for direct reports.
• Acts as a resource for team members to answer questions and solve complex problems.
• Manages budget, technology and other resources, workload and customer requests for services. Ensures adherence to all Company policies and procedures and Compliance responsibilities.
• Ensures data quality, adherence to IT security guidelines, profitability and other risk-related metrics for self and members of the team.

Supervisory Responsibilities

This position directly supervises employees within the Actuarial department and carries out supervisory responsibilities in accordance with company policies and applicable laws. These responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; conducting performance and salary reviews; rewarding and disciplining employees; addressing complaints and resolving problems; coaching, mentoring, and developing team members to further their skills and knowledge; creating and monitoring development plans; setting performance expectations/goals; forecasting staffing needs and planning for peak times and absences; enforcing department policies and procedures.

Education and Experience

Bachelor's degree from four-year college or university required in Applied Mathematics, Computer Science or related field preferred. Minimum 7 ye