Are you a Referral?
If you know a current Encova Insurance associate and would like to apply as a referral, please encourage them to submit your referral information before you submit your application. You will receive an email with a direct URL link to the Job Posting of interest. Applying through this URL link will create your referral relationship for our Talent Acquisition Team.
Unique residence requirements are listed in each job posting, please review closely for details.
Encova is only able to employ associates who reside and work within specific U.S. states. Our current policies are based on the laws in states in which we are registered for payroll. Our current footprint includes:
Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, New Hampshire, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, West Virginia, Wisconsin.
The Principal, Actuarial & Analytics Methods & Modernization position serves as an internal center of excellence and consulting resource across the Actuarial & Analytics organization, with a clear mandate to both shape direction and execute. This role is responsible for researching, developing, building, testing, and implementing modern actuarial methods, tools, templates, and governance practices that help teams progress while balancing ongoing production demands.
The position plays a critical role in modernizing actuarial practices, strengthening governance and documentation, and translating new ideas into implemented, scalable solutions. The role operates as a service and delivery function, enabling functional teams while ownership of day-to-day production and outcomes remains with those teams.
This role requires a combination of actuarial credibility, hands-on technical capability, and change leadership, with a bias toward execution and tangible impact.
ESSENTIAL FUNCTIONS:
1. Act as the Actuarial & Analytics Center of Excellence, providing both thought leadership and hands-on execution support across pricing, reserving, analytics, data, and related functions.
2. Research and evaluate emerging actuarial techniques, analytical methods, software platforms, and industry best practices, and assess their applicability and value to the organization.
3. Design, build, test, and help deploy new actuarial methodologies, models, tools, and templates, working collaboratively with impacted teams to ensure solutions are usable, scalable, and adopted.
4. Serve as an enablement and consulting resource to functional teams, strengthening capability and consistency while not owning day-to-day production responsibilities.
5. Lead Actuarial and Analytics governance efforts, including methodology standards, documentation, review processes, and alignment with internal, regulatory, and professional expectations.
6. Operate through influence rather than authority, leveraging dotted-line relationships with Actuarial and Analytics leaders while prioritizing work through alignment with the SVP, Actuarial & Analytics.
7. Maintain strong actuarial and technical credibility, remaining current on actuarial standards, analytical techniques, and economic developments, and selectively advancing innovations that provide clear, tangible value.
OTHER FUNCTIONS:
1. Perform other duties and special projects as assigned in support of departmental and enterprise objectives.
KNOWLEDGE. SKILLS AND EXPERIENCE:
- ACAS/FCAS strongly preferred.
- Deep Property & Casualty actuarial experience required.
- Minimum of 8 years of progressively responsible actuarial experience across multiple functional areas (e.g., pricing, reserving, analytics, modeling, or governance).
- Broad understanding of actuarial methods and insurance operations, with the ability to quickly gain working knowledge across functions.
- Candidate must have B.A. or B.S. with major in mathematics, statistics, economics, or computer science.
- Other majors may be acceptable depending on mathematics background.
- Strong documentation skills, with the ability to explain complex actuarial concepts clearly to technical and non-technical audiences.
- Strong organizational and project management skills, with the ability to manage multiple initiatives in parallel.
This position has been evaluated in accordance with the Americans with Disabilities Act. Encova Insurance makes every effort to reasonably accommodate disabilities to permit performance of the essential functions and candidates who need such accommodation are encouraged to seek it. This description reflects the nature and level of work performed by associates in this position. It is not an all-inclusive inventory of duties, responsibilities and qualifications required. It provides an accurate overview of the work and skills needed to perform this position. Because job content may change from time to time, Encova Insurance reserves the right to add and/or delete functions from this job as it deems necessary for business reasons.
Ready to join our team?
At Encova Insurance, we firmly believe that our associates drive our company's success by delivering unrivaled service to our customers. With success in mind, we make an ongoing effort to provide an environment that offers challenging, stimulating, and financially rewarding opportunities. Join us to discover a work experience where you can learn and grow to your fullest potential.
What you can expect from us
In addition to a competitive compensation package, we offer a comprehensive benefits package designed to support the well-being and growth of our associates. Available benefits (subject to any policy or plan changes) include, but are not limited to:
Health, Dental & Vision Insurance
Company-provided life and income protection plans
Eligibility to participate in a company incentive bonus program
401(k) Retirement Plan - 100% company match up to 7% on annual salary
Paid Time Off, Paid Holidays, and Floating Holidays
Flexible Work Arrangements - Hybrid and remote depending on the role
We believe that happy, healthy associates are the foundation of great work. Join us and thrive both professionally and personally.
Encova Insurance is an EOE/E-Verify employer.
#LI-Hybrid#LI-LP1Skills Required
- Deep Property and Casualty actuarial experience
- At least 8 years of progressively responsible actuarial experience across multiple functional areas
- Bachelor’s degree in mathematics, statistics, economics, computer science, or another major with sufficient mathematics coursework
- Broad understanding of actuarial methods and insurance operations
- Strong documentation skills and ability to explain complex actuarial concepts to technical and non-technical audiences
- Strong organizational and project management skills, including managing multiple initiatives in parallel
- ACAS or FCAS credential
Encova Insurance Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Encova Insurance and has not been reviewed or approved by Encova Insurance.
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Healthcare Strength — Medical, dental, and vision coverage is described as comprehensive, with preventive services covered at 100%. The overall package is often considered good or in line, which supports total compensation perceptions.
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Retirement Support — A 401(k) plan is offered, with mentions of a notable employer match. Retirement benefits are viewed as a strong component that enhances overall rewards.
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Wellbeing & Lifestyle Benefits — A wellness program offers premium discounts and access to resources such as a 24/7 HQ gym, instructor-led classes, and partial gym reimbursement. These lifestyle offerings help reinforce the perceived value of the total package.
Encova Insurance Insights
What We Do
Encova Insurance provides commercial insurance, including workers’ compensation, as well as auto, home and life insurance. A super-regional carrier ranked in the top 20 mutual insurance companies in the United States, Encova includes more than 1,200 associates writing in 28 states and the District of Columbia, premiums in excess of $1 billion, a surplus in excess of $1.46 billion and assets in excess of $4.1 billion. The group markets insurance solutions through more than 2,000 independent agencies in the Midwest, Northeast and South.
