Pricing Actuary
Group 1001

Job Info

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Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001's culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets - our employees.

Company Overview:

Clear Spring Property and Casualty Group (CSPCG) is comprised of four insurance carriers (Clear Spring Property and Casualty Company, Clear Spring Casualty Insurance Company, Clear Spring American Insurance Company, and Clear Spring National Insurance Company), each rated A- (Excellent) by A.M. Best. CSPCG assists companies in protecting themselves from today's challenges through technology and innovation. CSPCG provides worker's compensation, general liability, and other coverages through strong agency relationships.

Clear Spring Property and Casualty Group is a subsidiary of Delaware Life Insurance Company and its parent company, Group 1001, a collective that empowers companies to create positive growth. Everything Group 1001 does is designed to help individuals and communities thrive. Our insurance and annuities make financial products easy to understand and accessible to all. Our online investing platform gives individuals control over their savings and their futures. Our technology and innovation help companies succeed. And our strategic partnerships bring people together through education and sports. Because we all have the power to grow better. Clear Spring's risk management solutions evolve with market needs, while traditional insurance companies struggle to keep up. Our data-driven approach and mastery of emerging technologies provide a deeper connection with customers by developing smarter, more adaptive ways to interact that address the needs of brokers and their policyholders.

We're confident that you'll love partnering with us.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

Job Summary

This position will be primarily responsible for mid-senior level actuarial processes to support strategic department goals related to pricing, ratemaking, and data reporting.

Main Accountabilities

• Prepare actuarial rate indications and submit rate filings for a variety of commercial property/casualty insurance products
• Develop analytical tools and perform analyses to monitor underwriting results, make recommendations to improve profitability, and solve ad hoc business problems
• Gather data to complete financial and regulatory compliance data calls
• Assist in the development of actuarial pricing models; identify and suggest improvements
• Build domain knowledge of commercial insurance
• Communicate results to actuarial leadership team
• Collaborate with other actuaries, data scientists, and other team members
• Pass actuarial exams

Qualifications

• Bachelor's degree in mathematics, statistics, actuarial science or a related field
• Four actuarial exams to ACAS
• Three to six years' experience in an actuarial role
• Proficient in Microsoft Excel and other Microsoft Office products
• Commercial lines insurance pricing experience
• Coding and/or predictive modeling skills

Compensation:

Our compensation reflects the cost of labor across several U.S. geographic markets. The base pay for this position ranges from $85,300/year in our lowest geographic market up to $171,700/year in our highest geographic market. Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience.

Benefits Highlights:

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001's benefits package. Employees (and their families) are eligible to participate in the Company's comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company's Employee Assistance Program and other wellness initiatives. Employees may also participate in the Company's 401K plan, with matching contributions by the Company.
#LI-LG1 #LI-REMOTE

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