Senior Actuarial Specialist (Specialty)

ICW Group

5d • $121,625 - $217,711 • Remote

About The Position

The Senior Actuarial Specialist is a subject-matter expert supporting the launch, growth, and profitability of a fast-growing E&S insurance portfolio. This is a high-impact individual contributor role responsible for complex pricing analyses, pricing tool development, and portfolio analytics in an environment where products, processes, and systems continue to evolve. The role operates with a high degree of independence and judgment, partnering closely with Underwriting, Product, Claims, and Technology to support data-driven pricing decisions and scalable growth for ICW’s new Specialty business. This role is critical to enabling disciplined, profitable growth of the company’s E&S portfolio. The Senior Actuarial Specialist provides the analytical foundation for pricing decisions, product development, and portfolio management while helping establish scalable pricing processes in a rapidly evolving environment.

Requirements

• Bachelor’s degree required in Actuarial Science, Statistics, Mathematics, Computer Science, or a related field; Master’s or other advanced degree preferred.
• ACAS designation strongly preferred, but relevant work experience may be considered.
• Minimum 5-7+ years of actuarial experience in P&C insurance, with a strong focus on pricing and/or technical modeling.
• Demonstrated success in Commercial Lines (GL, Commercial Auto, etc.) and/or E&S market environments.
• Demonstrated ability to operate effectively in fast-growing or evolving business environments.
• Advanced proficiency in Excel; strong working knowledge of Python and SQL.
• Expert in actuarial and statistical modeling techniques.
• Experienced with data visualization tools (e.g., Tableau, Power BI).
• Strong understanding of rating structures, pricing methodologies, and insurance operations.
• Strong technical pricing skills with knowledge of exposure-based pricing, experience modelling, catastrophe modelling and stochastic simulation techniques.
• Excellent verbal and written communication skills with the ability to clearly explain complex actuarial concepts to both technical and non-technical audiences.
• Strong ownership mindset and ability to work independently while contributing to team initiatives.
• Strategic thinker with a proactive attitude and comfort working in ambiguity.
• Ability to work independently in deriving solutions to new business problems.
• Strong judgment and accountability in high-impact analytical work.

Responsibilities

• Pricing & Product Development Support development and enhancement and maintenance of pricing tools and methodologies for E&S product lines.
• Perform pricing reviews for large, complex individual accounts in close partnership with E&S underwriters.
• Evaluate and refine pricing assumptions based on industry benchmark data and competitive analysis.
• Serve as a subject-matter expert on third party data products, conducting analysis to inform pricing and underwriting decisions.
• Prioritize and independently execute actuarial projects based on evolving business needs.
• Portfolio Analytics & Performance Monitoring Build and maintain business reports to monitor rate change, loss ratios, and portfolio profitability.
• Analyze portfolio performance across geographies, industries, and segments to identify growth and remediation opportunities.
• Support quarterly planning efforts, including loss ratio projections and portfolio monitoring.
• Partner with Finance, Reserving, and Reinsurance to support capital modeling and strategic decision-making.
• Cross-Functional Partnership & Influence Act as a trusted actuarial partner to Product, Underwriting, and Claims teams to shape strategies and ensure profitability targets are achieved.
• Translate complex actuarial findings into clear, actionable recommendations for stakeholders.
• Provide actuarial input and technical leadership in cross-functional initiatives impacting pricing, profitability and growth.
• Process, Model and Tool Development Design, build, and document actuarial pricing models, tools, and processes to improve accuracy, scalability, and efficiency.
• Collaborate with developers and analysts to automate workflows and improve access to actuarial data.
• Provide business requirements for system integration and set up data export functions for data reporting.
• Contribute to the enhancement of data infrastructure and visualization platforms (e.g., SQL, Power BI).

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
• Paid holidays throughout the calendar year
• Want to continue learning? We’ll support you 100%

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level