Actuarial Specialist (Hybrid)

Intact Specialty SolutionsBoston, MA
Hybrid

About The Position

Our employees are at the heart of what we do: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you are bringing this purpose to life alongside a passionate community. Feel empowered to learn and grow while being valued for who you are. At Intact, We commit to supporting you in reaching your goals with tools, opportunities, and flexibility. It’s our promise to you. Who we are At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups. Intact’s Global Specialty Lines business spans across more than 20 verticals in four distinct markets: U.S., Canada, UK and Europe. The following opportunity is for our U.S. team. The opportunity We currently have an opportunity for an Actuarial Specialist to join our Corporate Actuarial team based in our Boston, MA or Plymouth, MN office on a hybrid schedule. This job is responsible for developing moderately complex managerial information based on actuarial and financial analyses.

Requirements

  • Bachelor’s degree required, preferably with emphasis in mathematics and statistics or similar background requiring modeling, programming, or quantitative analysis.
  • Three or more years of related property and casualty experience and successful completion of four or more actuarial exams.

Responsibilities

  • Performs actuarial analyses, with guidance, to assist in the development of actuarial formulations leading to the recommendation of pricing strategies and loss reserving.
  • Analyzes available data to determine relationships, trends, and indications.
  • Looks for and identifies data issues.
  • Possible examples include: developing rating plans, developing rates, indicating IBNR financial forecasting and participating in implementation.
  • Participates in the development of business recommendations and analysis of strategies.
  • Utilizes internal and external data and tools to develop new actuarial analyses.

Benefits

  • Comprehensive medical, dental and vision insurance with no waiting period
  • Competitive paid time off programs
  • 401(k) savings and annual contributions of up to 12% of annual salary
  • Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits
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