Director, Actuarial Pricing

ICW Group•San Diego, CA

3d•$160,746 - $287,738•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 actuarial department’s direction and vision. It manages an entire line of business or an area of comparable scope and complexity, owns one or more areas of responsibility, and handles enterprise actuarial requests and solutions across lines of business. The Director develops new business processes and comprehensive analytical efforts, ensures actuarial work supports business growth and profitability, improves processes for accuracy and efficiency, and ensures analyses are sound and consistent with Standards of Practice. The role partners with business leaders on business efforts, products, market expansion, and line-of-business administration; serves as an actuarial subject matter expert; and communicates actuarial findings to business leaders. The position manages a team of Credentialed Actuaries and Actuarial Analysts, providing direction, coaching, performance and development management, hiring and onboarding oversight, and support with complex problems. It also manages team resources, budgets, technology, workload, and customer requests, while ensuring compliance with company policies, data quality, IT security guidelines, profitability, and risk-related requirements. The role operates in an office environment and frequently uses a computer, telephone, copier, and other standard office equipment. ICW Group is not offering employment sponsorship for this opportunity.

Requirements

Bachelor’s degree from a four-year college or university required; 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 required.
Strong interpersonal skills and proven leadership ability.
Thorough knowledge of actuarial models and 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 actuarial department’s strategic vision.
Ability to regularly sit, walk, stand, talk, and hear in an office environment.

Responsibilities

Establish and uphold a direction and vision for the actuarial department, and contribute to discussions about its vision and direction.
Represent the company in business settings and potentially with external parties.
Develop new business processes or comprehensive analytical efforts, and ensure work supports business growth and profitability.
Modify processes to improve accuracy and efficiency, solve complex problems, identify process dependencies, and direct staff accordingly.
Ensure actuarial analyses are sound and consistent with Standards of Practice.
Partner with business leaders to provide actuarial expertise and administer a line of business or similarly scoped area of responsibility.
Organize and coordinate actuarial work with business leaders to develop and implement new products and expand into new markets.
Build collaborative relationships with higher-level experts across the organization, serve as the actuarial subject matter expert, and communicate findings to business leaders.
Develop and manage a team of Credentialed Actuaries and Actuarial Analysts; provide direction and communicate organizational mission, values, and operating principles.
Set service and product standards and support team engagement, development, recognition, and retention.
Establish and follow hiring, onboarding, and training requirements for incoming staff.
Oversee performance management and development, including reviews, development planning, and coaching for direct reports.
Answer team members’ questions and help solve complex problems.
Manage budgets, technology and other resources, workload, and customer service requests; ensure compliance with company policies and procedures.
Ensure data quality, adherence to IT security guidelines, profitability, and other risk-related metrics for self and team members.
Interview, hire, train, assign, and direct employees; conduct performance and salary reviews; reward and discipline employees; resolve complaints and problems; mentor and develop team members; establish development plans and goals; forecast staffing needs; and enforce department policies and procedures.