Director, Actuary (Specialty Lines)

ICW Group

$160K — $287K *
US-AnywhereRemote in United States
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's in Applied Mathematics, Computer Science, Statistics or related field; Master's preferred.
  • 7+ years of experience in commercial and specialty insurance; 5 years in leadership.
  • Experience with large commercial carriers preferred.
  • Associate of the Casualty Actuary Society (ACAS) required; Fellow (FCAS) preferred.
  • Proficiency in R, Python, SQL and data visualization tools (e.g., Power BI, Tableau).

Responsibilities

  • Advise CUO and leadership on pricing strategies and product innovation.
  • Establish efficient processes for individual large account pricing with underwriting partnership.
  • Develop and maintain pricing models across specialty insurance segments.
  • Launch new products by partnering cross-functionally for scalability.
  • Analyze data to identify trends and assess risk for product opportunities.
  • Anticipate market trends to adjust pricing and product strategies.
  • Establish actuarial methodologies and performance monitoring for specialty lines.

Benefits

  • Competitive medical, dental, and vision plans.
  • 401K retirement plans with company match.
  • Bonus potential for all positions.
  • Generous Paid Time Off and paid holidays.
  • Support for continued learning and development.
Full Job Description
ESSENTIAL DUTIES AND RESPONSIBILITIES

Pricing Strategy & Product Development
  • Serve as a Trusted Advisor to CUO and leadership team on product innovation and individual large account pricing/risk assessment.
  • Oversee and establish clear and efficient processes on individual large account pricing with close UW partnership.
  • Lead the development and maintenance of pricing models across all specialty insurance segments, leveraging a deep understanding of the E&S, and admitted insurance marketplace to ensure technical accuracy and commercial competitiveness.
  • Partner cross-functionally to launch new products with agility and scalability.
  • Analyze both existing and new data sources, including proprietary data and data from third-party providers, to identify trends, assess risk, and develop new product opportunities.
  • Anticipate market trends and emerging risks, strategically identify opportunities to develop new solutions or adjust pricing, products, and underwriting support strategies.
  • Act as the leading actuarial business expert for specialty to establish actuarial methodologies, data analysis, and performance monitoring.
  • Continuously improve on processes to improve accuracy and efficiency of models in addition to ways of working cross-functionally.


Portfolio Management & Profitability Analysis
  • Oversee portfolio performance reviews for all specialty lines, analyzing rate adequacy, loss ratio trends, and segment profitability.
  • Drive segmentation strategies to identify growth and remediation opportunities across geographies, industries, and distribution channels.
  • Advise leadership on underwriting appetite and capital allocation based on actuarial insights and risk-adjusted returns.
  • Partner closely with Underwriting, Claims and other stakeholders to ensure risks are properly evaluated and managed.


Reserving & Financial Planning
  • Collaborate with reserving actuaries and finance to ensure adequate and defensible loss reserves.
  • Provide input on quarterly loss ratio projections, planning assumptions, and capital models.
  • Support statutory and GAAP reporting, audit processes, and regulatory inquiries related to actuarial estimates.


Reinsurance & Risk Transfer
  • Support structuring and evaluation of reinsurance programs in collaboration with Chief Underwriting Officer and Business Unit Leaders.
  • Effectively simulate and model retention levels, layer structures, and catastrophe exposures to inform optimal risk transfer strategies.
  • Analyze historical experience to inform negotiation strategy and reinsurer engagement.


Leadership & Team Development
  • Establish strategic vision, direction, and operating models within the Actuarial department for ICW Specialty.
  • Build a high-performing team of actuaries supporting pricing, reserving, and modeling functions across all specialty lines.
  • Coach and mentor Actuarial talent to motivate high performance and develop new skills.
  • Foster a culture of analytical rigor, innovation, collaboration, and proactive risk assessment.
  • Drive collaboration with underwriting, claims, finance, and operations to support enterprise decision-making.


SUPERVISORY RESPONSIBILITIES

Directly supervises a team 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 in Applied Mathematics, Computer Science, Statistics or related field, Master's degree preferred.
  • Minimum 7 years' experience in commercial and specialty insurance, with 5 years in a leadership role
  • Experience working within a large commercial carrier strongly preferred


CERTIFICATES, LICENSES, REGISTRATIONS
  • Associate of the Casualty Actuary Society (ACAS) required.
  • Fellow of the Casualty Actuary Society (FCAS) preferred.


KNOWLEDGE AND SKILLS
  • Proven expertise in E&S lines, complex risks, and specialty product pricing. Experience in pricing Alternative Risk Transfer solutions is highly preferred.
  • Proficient in programming languages (R, Python, etc) and SQL for programming Actuarial databases and data visualization tools (e.g., Power BI, Tableau).
  • Strong business orientation and ability to communicate actuarial concepts to non-technical stakeholders.
  • Deep understanding of the unique characteristics and challenges of the E&S Market.
  • Thorough knowledge of actuarial models and ability to assess results.
  • Strong technical actuarial skills: Proficiency in pricing, reserving, and data analysis.
  • Superb communication and collaboration skills with demonstrated track record working collaboratively with various stakeholders to solve complex business problems.
  • Strategic thinker who embraces ambiguity and can establish a clear vision for the actuarial function of ICW's Specialty division.
  • Willingness to work hands-on while establishing a new line of business and building a team.
  • Strategic agility to balance speed with sound judgment.
  • Demonstrates respectful candor by voicing informed opinions, constructively challenging assumptions, and managing conflict directly and professionally to drive better business outcomes.
  • Outstanding leadership capabilities with proven track record of successfully leading high-performing Actuary teams.
  • Ability to travel up to 25% of the time between ICW's San Diego and Atlanta offices.


WORK ENVIRONMENT

This position operates in an office environment and requires the frequent use of a computer, telephone, copier and other standard office equipment. The noise level in the office is usually moderate.

#LI-DS1

#LI-Remote

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%


Job Category
Actuarial

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