[Hiring] Manager, Actuarial Pricing @IGH ICW GROUP HOLDINGS, INC.

This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more. 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%.

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