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. In this hybrid role, you will be expected to work a minimum of 10 days per month from the office. Candidates should reside within approximately 35-50 miles of one of the following office locations: Madison, WI 53783; Boston, MA 02110.
Requirements
- Demonstrated experience providing customer-driven solutions, support, or service.
- Basic understanding of property & casualty insurance products, pricing/rates, and industry trends.
- Basic understanding of underwriting guidelines and concepts.
- Demonstrated experience performing statistical/actuarial analysis, forecasting, and modeling.
- Proficiency in Excel; working knowledge of at least one programming or query language (e.g., SQL/SAS, Python, R, VBA).
- Actively pursuing Associate or Fellow designation from the Casualty Actuarial Society (ACAS/FCAS), with at least three exams passed.
- At least 2 years of actuarial experience; property & casualty pricing experience preferred.
Responsibilities
- Conducts experience analyses (loss, premium, and expense) and summarizes findings to support pricing strategy and business decisions.
- Supports competitive and market analysis; helps identify trends, impacts, and opportunities.
- Assists with actuarial modeling to quantify risk and evaluate pricing alternatives (e.g., indications, relativities, scenario/sensitivity testing).
- Provides technical support for rate filings with state insurance departments, including documentation and responses to regulatory questions.
- Supports the rate review process by preparing analyses and materials for pricing meetings and stakeholder discussions.
- Assists in the development, enhancement, and maintenance of pricing tools, templates, and reporting.
- Assists with pricing analyses for new products and coverage enhancements.
Benefits
- Comprehensive medical, dental, vision and 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
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
