Actuarial Analyst

About the role

At ICW Group, we are seeking team members who are ready to use their skills, curiosity, and drive to be part of our journey as we strive to transform the insurance carrier space. We are a company with a rich history of over 50 years, and it is the change agents like you that will help us continue to deliver our mission to create the best insurance experience possible.

Responsibilities

• Provides complex analyses and participates in process development.
• Performs analyses to address business needs.
• Solves business problems with proven solutions.
• Prepares monthly and ad-hoc reports.
• Manages multiple core/critical processes within the department.
• Manages processes and modifies as needed in order to improve accuracy and efficiency.
• Manages and follows through with assigned projects.
• Completes assigned projects ensuring that they are delivered on time and within scope.
• Provides regular status updates to project/task lead.
• Assumes responsibility in a number of concurrent projects assigned.
• Works with individuals in other departments in fulfilling the actuarial role within larger projects.
• Works to continuously broaden knowledge and improve processes.
• Develops the skill to efficiently review others’ work and provide feedback.
• Broadens knowledge around business rules, industry structure, emerging events, and alternate data sources.
• Learns and applies current analytic tools and methods.
• Fosters positive, collaborative working relationships with higher level experts across the organization.

Additional Responsibilities for Department

• Supports ICW through actuarial analyses focused on pricing, reserving, and data evaluation for submissions.
• Affords assistance in reviewing the accuracy and completeness of data used in transactions and reporting.
• Prepares reports that summarize findings and support interpretation of results related to insurance products.
• Leverages catastrophe model outputs in actuarial analysis and develops familiarity with insurance exposure metrics.
• Participates in building tools and processes for actuarial analytics and data management.

Requirements

• Bachelor's degree from four-year college or university required with a preferred major or emphasis in Actuarial Science, Applied Mathematics, Statistics, Economics, Computer Science, or related field.
• Preferred completion of 2 or more Casualty Actuarial Society (CAS) exams.

Education and Experience

• Completion of a relevant degree from an accredited institution.
• One year of related experience preferred.

Knowledge and Skills

• Exposure to actuarial models and ability to assess results.
• Ability to apply mathematical concepts and techniques to solve business problems.
• Knowledge of SQL and other basic programming languages preferred.
• Ability to grasp analytical concepts and learn new tools.
• Strong organizational skills with attention to detail.
• Adaptable to shifting workloads and building a positive working relationship within the department.
• Ability to work on concurrent assignments.

Pay

The current range for this position is $72,129.65 - $121,641.71. Your final base salary compensation will be determined by factors unique to each candidate, including experience, education, and the location of the role.

Schedule

This position operates in an office environment and requires the frequent use of a computer, telephone, copier, and other standard office equipment.