AVP, Actuarial & Pricing Analytics

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

 

Establishes and upholds department direction and vision.

• Leads the establishment of vision and direction for the actuarial and pricing analytics department, in collaboration with senior leadership.
• Represents the company in business settings and regularly with external parties, including regulators and industry groups.
• 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 and pricing analytics analyses and consistency with Standards of Practice.
• Advises senior and executive leadership on enterprise-wide actuarial and pricing analytics strategy, risk, and emerging issues.

 

Partners with business leaders to provide expertise on business efforts.

• Partners with senior business leaders in administering multiple lines of business or other areas 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 senior executive leaders across the organization.
• Acts as the Subject Matter Expert (SME) for actuarial and pricing analytics matters at the enterprise level.
• Prepares and communicates actuarial findings to business leaders.

 

Develops and manages a team of Credentialed Actuaries, Pricing Analytics Professionals, and Actuarial Analysts

• Provides direction to team. Communicates Mission, Values and other organization operating principles to the team.
• Establish high standards for the delivery of services and products rendered, resulting in excellent customer experience.  Ensures that the entire team is engaged and that leadership practices encourage development, recognition and retention.
• Oversee team performance and development, including performance management, 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
• Instills awareness of regulatory industry compliance, Actuarial Standards of Practice, and ICW standards on AI systems and data used for modeling.

 

SUPERVISORY RESPONSIBILITIES

This position directly supervises employees, potentially including Managers and/or Directors, within the Actuarial and Pricing Analytics 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, Data Science, Computer Science, Economics or related field.  Advanced degrees in related fields preferred.
• Minimum 10 years of related experience, including demonstrated experience managing multiple lines of business or enterprise-wide initiatives; or, equivalent combination of education and experience.

 

CERTIFICATES, LICENSES, REGISTRATIONS

Associate of the Casualty Actuary Society (ACAS) required. Fellow of the Casualty Actuary Society (FCAS), Certified Specialist in Predictive Analytics (CSPA) or Data Science certifications preferred.

 

KNOWLEDGE AND SKILLS

Strong communication, interpersonal skills and proven leadership ability. Thorough knowledge of actuarial and pricing analytics models and knowledge of commercial lines of business. 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 and pricing analytics ownership of multiple lines of business. Ability to shape and drive the strategic vision of the actuarial and pricing analytics department and broader enterprise. Demonstrated ability to build credibility and influence outcomes with senior executive leadership.

 

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.

 

 

#LI-NT1

#LI-Hybrid

The current range for this position is

$171,301.18 - $306,632.68

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.

___________________

Job Category

Actuarial