Manager, Actuarial Pricing

Innovation Point, United States

ICW Group

ICW Group Insurance Company is a national commercial insurer offering workers' comp, catastrophe, and assumed reinsurance coverage nationwide.

View all jobs at ICW Group

Apply now Apply later

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 ten consecutive years 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!

WHAT YOU WILL DO

Manages operational areas including ratemaking, actuarial pricing, and system oversight. 

  • Collaborates with Product and Underwriting departments to develop and implement new products and expand into new markets.
  • Partners with business leaders to manage and optimize existing lines of business.
  • Establishes and promotes best practices for actuarial analyses within the organization.
  • Provides support in database management and system development initiatives.
  • Works with Analytics, Underwriting, and Product teams to enhance rating methodologies, accurate pricing, and segmentation strategies.
  • Analyzes rating programs and structures, assists in the maintenance of internal pricing mechanisms, and integration of pricing strategies with new technology and changes to underwriting rules.
  • Leads efforts to develop, automate, standardize, and improve the rate indication process.
  • Demonstrates intellectual curiosity to identify trends, potential issues, and their underlying causes.
  • Evaluates tactical underwriting and pricing strategies.
  • Effectively communicates sophisticated financial/actuarial information to varied audiences, tailoring communications based on audience needs.
  • Establishes processes to communicate product performance and identify optimization opportunities.
  • Fosters positive, collaborative working relationships with senior experts across the organization.
  • Consistently delivers high levels of performance while operating in an environment of ambiguity.
  • Promotes best practices for actuarial analyses and system development. 

Develops and manages a team of Actuarial Analysts.

  • Provides tactical and daily direction to the team ensuring high performance and growth. Communicates Mission, Values, and other organization operating principles to direct reports.
  • Establishes and maintains the overall work cadence and, in partnership with senior actuarial leadership, ensures performance and outcomes strive for excellence in delivery and 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.

WHAT YOU BRING TO THE ROLE

  • Bachelor's degree required in Actuarial Science, Mathematics, Statistics, or related field.
  • Minimum 7 years of experience in actuarial roles within the Property and Casualty industry.
  • Associateship in the Casualty Actuary Society (ACAS) designation required.
  • Fellowship in the Casualty Actuary Society (FCAS) designation preferred. 
  • Minimum 3 years in supervisory positions preferred. 
  • Proven expertise in commercial lines pricing and modeling, with a strong preference for experience in Excess & Surplus (E&S) lines—particularly in developing tools and building models to support analysis of excess layer liability.

KNOWLEDGE AND SKILLS

  • Strong understanding of insurance products and industry practices.
  • Strong leadership and team management skills, with the ability to effectively develop and motivate direct reports.
  • Proficiency in MS Office software and programming skills (e.g., SQL, R, Python).
  • Excellent analytical and problem-solving abilities with demonstrated expertise in numerous actuarial techniques, standards, and assumptions.
  • Strong communication skills, with the ability to convey complex concepts to diverse audiences.
  • Proven track record of driving innovation and process improvement initiatives.
  • Ability to thrive in a fast-paced, dynamic environment.

#LI-DS1

The current range for this position is

$139,874.00 - $250,377.40

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 with an accrual rate of 5.23 hours per pay period (equal to 17 days per year)
•    11 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.

___________________

Job Category

Actuarial
Apply now Apply later
Job stats:  0  0  0
Category: Leadership Jobs

Tags: CX Data quality Mathematics Python R Security SQL Statistics

Perks/benefits: 401(k) matching Career development Competitive pay Flex vacation Health care Insurance Salary bonus Startup environment

Region: North America
Country: United States

More jobs like this