Actuarial Specialist/Senior Actuarial Specialist (Hybrid)
About The Position
Supports actuarial pricing and ratemaking activities for an assigned line of business. Analyzes loss, premium, and expense experience using actuarial and statistical techniques to inform rate indications, pricing decisions, and portfolio monitoring. Assists in building and maintaining models and tools that help the business develop consistent, sound, and competitive pricing. This hybrid role requires working from the office at least 10 days per month. Candidates should reside within approximately 35–50 miles of Madison, WI 53783, or Boston, MA 02110. Internal candidates are encouraged to apply regardless of location and will be considered based on the needs of the role. Travel is up to 10%.
Requirements
- Demonstrated experience providing customer-driven solutions, support, or service.
- Basic understanding of property and casualty insurance products, pricing/rates, and industry trends.
- Basic understanding of underwriting guidelines and concepts.
- Demonstrated experience performing statistical or actuarial analysis, forecasting, and modeling.
- Proficiency in Excel and working knowledge of at least one programming or query language, such as SQL/SAS, Python, R, or VBA.
- Actively pursuing an Associate or Fellow designation from the Casualty Actuarial Society (ACAS/FCAS), with at least three exams passed.
- At least 2 years of actuarial experience.
Nice To Haves
- Property and casualty pricing experience.
Responsibilities
- Conduct loss, premium, and expense experience analyses and summarize findings to support pricing strategy and business decisions.
- Support competitive and market analysis, identifying trends, impacts, and opportunities.
- Assist with actuarial modeling to quantify risk and evaluate pricing alternatives, including indications, relativities, and scenario or sensitivity testing.
- Provide technical support for rate filings with state insurance departments, including documentation and responses to regulatory questions.
- Support the rate review process by preparing analyses and materials for pricing meetings and stakeholder discussions.
- Assist in developing, enhancing, and maintaining pricing tools, templates, and reporting.
- Assist with pricing analyses for new products and coverage enhancements.
Benefits
- Comprehensive medical benefits
- Dental benefits
- Vision benefits
- Wellbeing benefits
- Competitive 401(k) contribution
- Pension plan
- Annual incentive
- 9 paid holidays
- Paid time off program (23 days accrued annually for full-time employees)
- Student loan repayment program
- Paid-family leave
- Relocation support for eligible candidates
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
