ICW Group · 2 months ago
Specialty Actuary (Alternative Risk)
United States
Full-time
Remote
Senior Level
$140K/yr - $250K/yr
7+ years expICW Group is a leading insurance carrier with over 50 years of experience, dedicated to transforming the insurance space. They are seeking a Specialty Actuary to join their E&S Actuarial Pricing team, responsible for advanced pricing analyses, developing actuarial models, and providing strategic insights to influence product and portfolio decisions.
Financial ServicesInsurance
Responsibilities
Perform advanced pricing analyses, develop actuarial models, and provide insights to support product launches, and portfolio reviews
Support the pricing of individual large complex accounts and work closely with E&S underwriters
Ensure the design, maintenance and use of pricing tools is consistent with actuarial approaches
Prioritize and lead actuarial projects as business needed
Collaborating with the underwriting team on new business opportunities
Support the development of pricing tools across the E&S product lines
Support portfolio management, data reporting and quote/binder negotiations
Evaluate and refine pricing assumptions based on emerging loss trends, litigation climate, and competitive positioning
Identify opportunities for model improvements and provide support to identify good risks with adequate pricing to achieve target rate of return
Analyze both internal and external data sources to identify trends, assess risk, and uncover new product opportunities
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 technical leadership in cross-functional initiatives, ensuring actuarial input is well-represented in broader business decisions
Design, build, and document 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
Contribute to the enhancement of data infrastructure and visualization platforms (e.g., SQL, Power BI)
Analyze portfolio performance across geographies, industries, and segments to identify growth and remediation opportunities
Support quarterly planning efforts, including loss ratio projections and reinsurance strategy
Partner with Reserving and Finance to inform capital modeling and ensure alignment across functions
Qualification
Required
Bachelor's degree required in Actuarial Science, Statistics, Mathematics, Computer Science, or a related field
ACAS required
Minimum 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, and etc.) and/or E&S market environments
Proficient in R, Python, @risk and SQL
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; able 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
Preferred
Master's or other advanced degree preferred
FCAS preferred
Experienced with data visualization tools (e.g., Tableau, Power BI)
Benefits
Generous medical, dental, and vision plans
401K retirement plans and company match
Bonus potential for all positions
Paid Time Off with an accrual rate of 5.23 hours per pay period (equal to 17 days per year)
11 paid holidays throughout the calendar year
Want to continue learning? We’ll support you 100%
Company
ICW Group
ICW Group Insurance Companies is a top-tier, national, multi-line Property & Casualty insurance company, providing comprehensive coverage to safeguard our customers’ world.
1001-5000 employees
H1B Sponsorship
ICW Group has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (23)
2024 (24)
2023 (18)
2022 (14)
2021 (28)
2020 (11)
Funding
Current Stage
Late StageLeadership Team
Rob deViere
Vice President, Head of Distribution & Marketing
Iva Yuan
Chief Actuary, Head of Reserving, Pricing and Product
Recent News
2025-10-09
Company data provided by crunchbase