Assistant Actuary

2 months ago

Boston, Massachusetts, United States Homesite Group Incorporated Full time
Position Compensation Range:

Pay Rate Type:
Salary

Compensation may vary based on the job level and your geographic work location.

You will lead, coordinate or perform most complex analysis for the full range of actuarial activities related to either insurance pricing or ratemaking for a line of business (LOB), loss reserving, modeling, or reinsurance. You will build complex models and projections to enable the business to generate consistent and sound prices. You will build forecasts and models for incurred losses and loss adjustment expense (LAE), CAT and investment risks, and reinsurance for the annual profit & growth plan. Serves as subject matter expert and consultant to business partners throughout the organization. You will present findings and recommendations regarding the development or effectiveness of various strategies. You will report to the Sr. Manager, Actuary.

Responsibilities
  • You will contribute to recommendations and significant revisions to one or more actuarial methodologies related to insurance pricing, ratemaking, loss reserving, modeling or reinsurance.
  • You will develop relationship with core business partners and provide insights and solutions to address specific business concerns.
  • You will explore new concepts statistical models, and data sources to deliver innovative solutions for the business.
  • You may contribute to all aspects of indication development and owns the recurring process.
  • You may facilitate the rate review process and contributes to the pricing committee meetings to support the pricing strategy.
  • You may assist with the development of pricing for new products and rating structures.
    You will represent pricing on various data efforts including dataset development and consultation on data and analytical development.
  • You will assist with development of classification ratemaking methodologies and models.
    You will monitor industry and competitor trends to determine potential impact to actuarial strategies and solutions.
  • You will determine the property and casualty loss and LAE reserve needs.
  • You will put together annual statement exhibits related to loss and LAE expenses.
  • You will perform the annual determination of the factor reserves.
Qualifications:
  • Associate or Fellow in Casualty Actuary Society (ACAS or FCAS) required
  • Extensive knowledge and understanding of property and casualty products, pricing, rates and industry trends.
  • Extensive knowledge and understanding of underwriting guidelines and concepts, pricing, ratemaking, loss reserving, modeling or reinsurance depending upon area of specialty.
  • Demonstrated experience performing statistical/actuarial analysis and data forecasting and modeling techniques.
  • Extensive knowledge and understanding of forecasting and statistical analysis and modeling.
In this flex office/home role, you will be expected to work a minimum of 10 days per month from one of the following office locations: Madison, WI 53783; Boston, MA 02110; Denver, CO 80112; Eden Prairie, MN 55343; Keene, NH 03431; St. Joseph, MO 64507; Phoenix, AZ 85034; Nashville, TN 37214

Internal candidates are encouraged to apply regardless of location and will be considered based upon the needs of the role.

#LI-Hybrid

We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply

We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.

We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

  • Actuarial Intern

    1 month ago

    Boston, Massachusetts, United States Intact Insurance Full time

    Job DescriptionIntact Insurance Specialty Solutions is currently seeking bright and motivated students who are interested in learning from a talented Actuarial team During your internship, you will have the opportunity to assist on various projects within our Corporate Actuarial division. This full-time, paid position is based at our Corporate Headquarters...

  • Actuarial Intern

    3 weeks ago

    Boston, Massachusetts, United States Intact Insurance Full time

    Job DescriptionIntact Insurance Specialty Solutions is currently seeking bright and motivated students who are interested in learning from a talented Actuarial team During your internship, you will have the opportunity to assist on various projects within our Corporate Actuarial division. This full-time, paid position is based at our Corporate Headquarters...

  • Senior Actuary

    3 weeks ago

    Boston, Massachusetts, United States Karen Clark & Company Full time

    KCC is currently looking for a full-time Actuary to join our team in Boston. As an Actuary at KCC, you will collaborate with clients to utilize catastrophe model output for underwriting, ratemaking, and risk transfer projects. In this role, you will cultivate relationships with insurance regulators and rating agencies while working alongside KCC's Client...

  • Actuary, Casualty

    3 weeks ago

    Boston, Massachusetts, United States Berkshire Hathaway Specialty Insurance Full time

    Who are we? A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway's insurance operations, we bring our solutions to market with our stellar...

  • AVP & Actuary

    1 month ago

    Boston, Massachusetts, United States Chubb Full time

    Job DescriptionThis Assistant Vice President & Actuary position is responsible for conducting actuarial pricing analyses of the Commercial Insurance Property & Marine portfolios. This $2bn+ portfolio consists of insurance cover for middle-market companies, ranging from mid-size multinational organizations to single-location private companies. The role is...

  • Actuarial Modeling Associate

    2 days ago

    Boston, Massachusetts, United States Global Atlantic Full time

    Company OverviewGlobal Atlantic Financial Group is a leading provider of life insurance and annuity solutions, serving the needs of individuals and institutions. As a subsidiary of KKR, a global investment firm, we offer a unique blend of financial expertise and innovative solutions.Our CultureWe are a collaborative and innovative organization, dedicated to...

  • Lead Actuarial Analyst, Casualty

    14 hours ago

    Boston, Massachusetts, United States Berkshire Hathaway Specialty Insurance Full time

    Job OverviewAbout Us:Berkshire Hathaway Specialty Insurance (BHSI) stands as a strategic and reliable insurance partner, offering a comprehensive array of commercial property, casualty, and specialty insurance solutions, coupled with exceptional service to clients and brokers globally. As part of Berkshire Hathaway's insurance operations, we leverage our...

  • Actuary- GRS Casualty Pricing

    1 month ago

    Boston, Massachusetts, United States Liberty Mutual Full time

    Pay PhilosophyThe typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as...

  • Manulife/John Hancock Actuarial Co-op Program January

    2 weeks ago

    Boston, Massachusetts, United States Manulife and John Hancock Full time

    We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and...

  • Actuary- GRS NA Short Tail Lines Reserving

    1 month ago

    Boston, Massachusetts, United States Liberty Mutual Full time

    Pay PhilosophyThe typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as...

  • Commercial Property Program Underwriter

    6 days ago

    Boston, Massachusetts, United States Berkshire Hathaway Specialty Insurance Full time

    Job OverviewAbout Us:Berkshire Hathaway Specialty Insurance (BHSI) stands as a premier insurance partner, delivering a comprehensive array of commercial property, casualty, and specialty insurance solutions alongside exceptional service to clients and brokers globally. As part of Berkshire Hathaway's insurance sector, we leverage our esteemed brand, robust...

  • Commercial Property Program Underwriter

    6 days ago

    Boston, Massachusetts, United States Berkshire Hathaway Specialty Insurance Full time

    Position OverviewAbout Us:Berkshire Hathaway Specialty Insurance (BHSI) stands as a premier insurance provider, delivering a comprehensive suite of commercial property, casualty, and specialty insurance solutions, along with exceptional service to clients and brokers globally. As part of Berkshire Hathaway's esteemed insurance operations, we leverage our...

  • Commercial Property Program Underwriter

    6 days ago

    Boston, Massachusetts, United States Berkshire Hathaway Specialty Insurance Full time

    Job OverviewAbout Us:Berkshire Hathaway Specialty Insurance (BHSI) stands as a strategic and reliable partner in the insurance sector, offering a comprehensive array of commercial property, casualty, and specialty insurance solutions, along with exceptional service to clients and brokers globally. As part of Berkshire Hathaway's insurance division, we...

  • Consultant - Health and Welfare

    1 month ago

    Boston, Massachusetts, United States Alera Group Full time

    OVERVIEW Spring, an Alera Group Company is looking to add a Consultant to their Absence Management team Spring provides strategic consulting including actuarial and underwriting services to major employers, associations and insurance and financial services organizations throughout the world. Our consulting team has extensive industry experience in areas such...

  • Lead Property Underwriter

    8 hours ago

    Boston, Massachusetts, United States Everest Re Group Full time

    Title:Senior Underwriter - Wholesale PropertyCompany: Everest Insurance CompanyJob Category:UnderwritingJob Overview:At Everest Group, Ltd., we are on an exciting trajectory of growth and innovation. As a premier global reinsurance and insurance provider with nearly five decades of experience, we operate through various subsidiaries across multiple regions...

  • Senior Manager- Benefits

    1 month ago

    Boston, Massachusetts, United States MFS Investment Management Full time

    At MFS, you will find a culture that supports you in doing what you do best. Our employees work together to reach better outcomes, favoring the strongest idea over the strongest individual. We put people first and demonstrate care and compassion for our community and each other. Because what we do matters – to us as valued professionals and to the millions...

  • Senior Property Underwriter

    16 hours ago

    Boston, Massachusetts, United States Everest Re Group Full time

    Title:Senior Underwriter - Wholesale PropertyCompany: Everest Insurance CompanyJob Category:UnderwritingJob Overview:At Everest Group, Ltd., we are experiencing a period of significant growth and opportunity. As a premier global reinsurance and insurance provider with nearly 50 years of experience, we are committed to expanding our market presence and...

  • Head of Protection New Business and Underwriting

    4 weeks ago

    Boston, Massachusetts, United States MassMutual Full time

    The OpportunityThis is the opportunity to lead MassMutual a top 5 Life and Annuity players Life and DI new business and Underwriting functions. We are in a transformative state and are looking to change the way we do business. MassMutual has been an innovator in driving ease of business and risk assessment techniques.You will lead all risk assessment...

  • Senior Product Analyst

    2 months ago

    Boston, Massachusetts, United States AmTrust Financial Services, Inc. Full time

    OverviewThis individual will support the Property line of business including P&L analysis, CAT management, and evaluating underwriting guidelines. Under moderate supervision, builds, analyzes, and interprets data and market insights that drive and support profit and growth strategies for a line of business or segment. The position will provide detailed...

  • Senior Underwriting Officer, Property

    3 weeks ago

    Boston, Massachusetts, United States Liberty Mutual Full time

    Pay PhilosophyThe typical starting salary range for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as...