Director, Actuarial Pricing

ICW Group•San Diego, CA

2d•Hybrid

About The Position

The Director, Actuarial Pricing produces complex analyses and provides expert actuarial advice to the Actuarial team. The role supports and executes company strategy as directed by the Chief Actuary while helping establish and uphold the department’s direction and vision. The Director manages an entire line of business or a comparably complex area, owns one or more actuarial domains, and handles enterprise actuarial requests and solutions across lines of business. The position develops and oversees actuarial processes and analytic efforts, ensures analyses are sound and consistent with Standards of Practice, and partners with business leaders on products, markets, growth, and profitability. It serves as a subject matter expert and communicates actuarial findings to business leaders. The Director manages a team of Credentialed Actuaries and Actuarial Analysts, including setting direction and standards, hiring and onboarding, training, performance management, coaching, development, and retention. The role also manages budgets, technology and other resources, workload, customer requests, compliance responsibilities, data quality, IT security guidelines, and risk-related metrics. The position directly supervises employees and performs supervisory duties in accordance with company policies and applicable laws.

Requirements

Bachelor’s degree from a four-year college or university; Applied Mathematics, Computer Science, or a related field is preferred.
At least 7 years of related experience and/or training, or an equivalent combination of education and experience.
Associate of the Casualty Actuary Society (ACAS) or Fellow of the Casualty Actuary Society (FCAS) designation.
Strong interpersonal skills and proven leadership ability.
Thorough knowledge of actuarial models and the ability to assess results.
Experience managing complex projects, resources, and staff.
Broad company and industry experience and expertise, with the ability to collaborate with business leaders to solve complex business problems.
Ability to mentor and train actuarial staff.
Ability to take actuarial ownership of significant areas of responsibility, including multiple lines of business.
Ability to influence the strategic vision of the actuarial department.

Responsibilities

Establish and uphold the actuarial department’s direction and vision, and contribute to discussions about its strategy.
Represent the company in business settings and potentially with external parties.
Develop new business processes or comprehensive analytic efforts and modify processes to improve accuracy and efficiency.
Ensure actuarial work supports business growth and profitability and complies with Standards of Practice.
Apply critical thinking to solve complex problems, identify process dependencies, and guide staff.
Partner with business leaders to provide actuarial expertise and administer an entire line of business or similarly complex area.
Coordinate actuarial efforts with business leaders to develop and implement products and expand into new markets.
Build collaborative relationships with experts across the organization and act as the subject matter expert for actuarial matters.
Prepare and communicate actuarial findings to business leaders.
Manage, direct, and develop a team of Credentialed Actuaries and Actuarial Analysts; communicate organizational principles and establish service and product standards.
Hire, onboard, train, coach, mentor, and develop team members; oversee performance management, salary reviews, development plans, and retention.
Plan, assign, and direct work; set performance expectations; forecast staffing needs; and address employee complaints and problems.
Manage budgets, technology and other resources, workload, and customer service requests.
Ensure adherence to company policies, procedures, and compliance responsibilities, as well as data quality, IT security guidelines, profitability, and risk-related metrics.