As an Actuary at the ICW Group, you will lead the pricing of the companys workers compensation (WC) line of business. Responsible for completing complex analyses and managing large projects, resources and timelines. Each day provides exciting new challenges as you tackle your tasks including:
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Prepares complex actuarial analyses requiring judgment and technical expertise for area of responsibility
- Completes assigned projects ensuring that they are delivered on time and within scope
- Ensures soundness of actuarial analyses, and provides proper documentation of work product in accordance with Actuarial Standards of Practice
- Consults with business and product leaders to understand needs and ensure timely delivery of accurate actuarial products and services
- Ensures that the work product supports business growth and profitability
- Works with product managers to develop and implement new products and expand into new markets
- Works with the legal department, product managers, and state insurance departments to obtain regulatory approval of company filings
- Prepares project plans, identifies issues, mitigation strategies and provides regular status updates to supervisor, key stakeholders, and senior management, including accurate estimates of necessary resources and timelines
- Provides technical expertise in the design and delivery of actuarial services as needed to support various ad hoc corporate initiatives
- Maintains close working relationships with IT personnel in order to support the viability of our production systems that rely on actuarial support
- Reviews the work of analysts to ensure consistency, precision, and accuracy
- Peer reviews the work product of other credentialed actuaries
- Mentors and develops analysts to further their technical and management skills, industry knowledge, analytic expertise, and professional development
EDUCATION and EXPERIENCE
- Bachelor's degree from a four-year college or university.
- Minimum of 7 years of actuarial experience. ACAS or FCAS designation.
- Strong interpersonal leadership skills.
- Experience managing complex projects, resources and staff.
- Thorough knowledge of actuarial methods and analytic techniques.
- Broad industry experience and expertise.
- Ability to work collaboratively with other business leaders to solve complex business problems.
- Working knowledge of programming: VBA or similar general purpose languages.
- Experience with extracting and querying data from disparate sources.
- Skilled in traditional actuarial techniques, including cash flow analysis and building stochastic models.
- Exposure and working knowledge of emerging advanced analytic techniques using larger data sets is desired.