Director, Actuarial Pricing

ICW Group; San Diego (CA); On-site; USD 161,000 - 288,000; Full time

Benefits offered by this job

Bonus potential

Paid Time Off

401K retirement plan with companymatch

Medical, dental, and vision plans

Job summary

ICW Group in San Diego invites a Senior Actuary to produce complex analyses and provide expert actuarial advice across lines of business. You will lead a Credentialed Actuary and Analyst team, partnering with business leaders to drive strategy and growth, while ensuring high data quality and compliance with standards.

The role emphasizes ownership of multiple lines of business, budget management, and enterprise-wide actuarial solutions in a collaborative environment.

Qualifications

• Strong interpersonal skills and proven leadership ability.
• Thorough knowledge of actuarial models and ability to assess results.
• Experience managing complex projects, resources and staff.
• Ability to mentor and train actuarial staff.

Responsibilities

• Establishes and upholds a department direction and vision.
• Partner with business leaders to administer an entire line of business or area of responsibility.
• Develops and manages a team of Credentialed Actuaries and Actuarial Analysts.
• Oversees budget, technology and other resources, workload and customer requests.
• Ensures data quality and adherence to IT security guidelines.

Skills

Leadership ability

Actuarial models knowledge

Project management

Mentoring actuarial staff

Executive communication

Strategic influence

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 years of related experience and/or training; or, equivalent combination of education and experience.

CERTIFICATES, LICENSES, REGISTRATIONS

Associate of the Casualty Actuary Society (ACAS) or Fellow of the Casualty Actuary Society (FCAS) designation required.

KNOWLEDGE AND SKILLS

Strong interpersonal skills and proven leadership ability. Thorough knowledge of actuarial models and ability to assess results. Experience managing complex projects, resources and staff. Broad company and industry experience and expertise, with the ability to work collaboratively with other business leaders to solve complex business problems. Ability to mentor and train actuarial staff. Ability to take actuarial ownership of significant segments of responsibility, including multiple lines of business. Ability to influence the strategic vision of the actuarial department.

PHYSICAL REQUIREMENTS

Office environment – no specific or unusual physical or environmental demands and employees are regularly required to sit, walk, stand, talk, and hear.

WORK ENVIRONMENT

This position operates in an office environment and requires the frequent use of a computer, telephone, copier, and other standard office equipment.

We are currently not offering employment sponsorship for this opportunity.

#LI-NT1

#LI-Hybrid

The current range for this position is

$160,745.90 - $287,738.43

This range is exclusive of fringe benefits and potential bonuses. If hired at ICW Group, your final base salary compensation will be determined by factors unique to each candidate, including experience, education and the location of the role and considers employees performing substantially similar work.

WHY JOIN ICW GROUP?

• Challenging work and the ability to make a difference
• You will have a voice and feel a sense of belonging
• We offer a competitive benefits package, with generous medical, dental, and vision plans as well as 401K retirement plans and company match
• Bonus potential for all positions
• Paid Time Off
• Paid holidays throughout the calendar year
• Want to continue learning? We’ll support you 100%

ICW Group is committed to creating a diverse environment and is proud to be an Equal Opportunity Employer. ICW Group will not discriminate against an applicant or employee on the basis of race, color, religion, national origin, ancestry, sex/gender, age, physical or mental disability, military or veteran status, genetic information, sexual orientation, gender identity, gender expression, marital status, or any other characteristic protected by applicable federal, state or local law.

At ICW Group we offer a work environment that encourages entrepreneurialism and celebrates success. Our team members are hands-on contributors who are given the opportunity to make an impact. It's our people who make us an employer of choice and the vibrant company we are today.

Job Category: Actuarial

Job Type: Full time

Req ID: JR101742