ESSENTIAL DUTIES AND RESPONSIBILITIESProvides 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 SKILLSStrong 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 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 CategoryActuarial
