Senior Actuarial Analyst (Commercial Lines)

icwgroup; San Diego (CA); Hybrid; USD 95,000 - 161,000; Full time

Job summary

ICW Group, headquartered in San Diego, seeks an actuarial professional to deliver complex analyses in pricing, reserving, analytics, and systems integration. You will mentor junior staff, manage multiple critical projects, and promote predictive analytics to drive business decisions.

Requirements include a Bachelor's degree in a related field, at least 3 years of experience, and 4 CAS exams. This hybrid role offers a stable environment within a growing organization.

Qualifications

• Bachelor's degree in Mathematics/Statistics/Economics/CS or related field
• Minimum of 4 CAS exams
• Minimum 3 years of related experience
• Experience in commercial lines pricing preferred

Responsibilities

• Provides complex analyses and participates in process development to support company objectives.
• Provides technical, actuarial analyses in pricing, reserving, analytics, and systems integration.
• Identifies potential issues, weighs in results, recommends mitigation strategies and solutions.
• Builds and enhances the pricing framework including profitability metrics and modeling capabilities.
• Mentors junior team members and provides training to actuarial staff.

Skills

Interpersonal skills

Analytical thinking

Actuarial modeling

Communication

Project mentoring

Education

Bachelor's degree in Mathematics, Statistics, Economics, CS or related field

CAS exams (minimum 4)

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!

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Provides complex analyses and participates in process development to support company objectives.
• Provides technical, actuarial analyses in the areas of pricing, reserving, analytics, and systems integration.
• Identifies potential issues, weighs in the analysis results, recommends mitigation strategies and solutions through sound decision making process.
• Builds and enhances the pricing framework such as assessing profitability metrics, closing any pricing disparity, expanding modeling capabilities and exploring additional parameters.
• Manages multiple core/critical processes within the department.
• Manages processes and modified as needed to improve accuracy and efficiency.
• Manages and follows through with assigned projects.
• Completes assigned projects ensuring that they are delivered on time and within scope.
• Provides regular status updates to project/task lead.
• Ensures key stakeholders are identified and regularly informed of project status.
• Assumes responsibility in a number of concurrent projects assigned.
• Works with individuals in other departments in fulfilling the actuarial role within larger projects.
• Promotes the use of predictive analytics throughout the organization.
• Works to continuously broaden knowledge and guides junior level team members.
• Provides training and technical guidance to actuarial department staff in support of a self-sustaining culture.
• Develops the skill to efficiently review others' work and to provide valuable feedback.
• Broadens knowledge around business rules, industry structure and emerging events, and alternate data sources.
• Learns and applies current analytic tools and methods. Stays abreast of professional developments and industry trends.
• Fosters positive, collaborative working relationships with higher level experts across the organization.
• Researches, develops, and applies new analytical techniques that are applicable to the business and share knowledge with peers and teammates.

SUPERVISORY RESPONSIBILITIES

This role does not have direct reports but may mentor and/or train junior team members.

EDUCATION AND EXPERIENCE

• Bachelor's degree from four-year college or university required with a major or emphasis in Mathematics, Statistics, Economics, Computer Science, or related field.
• Minimum of 4 Casualty Actuarial Society (CAS) exams required.
• Minimum 3 years of related experience required.
• Experience in commercial lines pricing preferred.

KNOWLEDGE AND SKILLS

• Strong interpersonal and communication skills.
• Thorough knowledge of actuarial models and ability to assess results.
• Working knowledge of emerging analytic techniques.
• Practice critical thought process in enhancing existing products and processes.
• Ability to make sound decisions within areas of responsibility with minimal supervisory input.
• Ability to fully manage a complex product, requiring expertise spanning actuarial methods, advanced analytic techniques, in-depth business knowledge, and in-depth systems and data knowledge.

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, phone, and other standard office equipment.

#LI-Hybrid

#LI-DS1

The current range for this position is

$95,378.98 - $160,850.17

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