[Hiring] Manager, Actuarial Pricing @IGH ICW GROUP HOLDINGS, INC.
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Role Description
This role involves managing 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.
Qualifications
• 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.
Requirements
• 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.
Benefits
• 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%.
Apply Now
Apply Now
Role Description
This role involves managing 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.
Qualifications
• 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.
Requirements
• 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.
Benefits
• 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%.
Apply Now
Apply Now