Actuary II, Multi-State Pricing & Modeling

MAPFRE • Webster, MA

63d • $95,000 - $140,000 • Hybrid

About The Position

We’re looking for a highly skilled Senior Actuarial Modeler to lead the development and maintenance of actuarial models across multiple U.S. states. This role combines advanced coding expertise with deep actuarial knowledge to drive innovation, improve efficiency, and ensure compliance in a dynamic environment.

Requirements

• Education: Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, Computer Science, or related field.
• Credentials: 3+ CAS exams passed (MAS-I/MAS-II preferred).
• Experience: 3+ years in personal auto line pricing/modeling.
• At least 1 year of hands-on modeling experience.
• Technical Skills: Strong programming skills in SQL.
• Proven Ability: Automating actuarial processes and building scalable modeling frameworks.

Nice To Haves

• Experience with Python and modeling platforms (e.g., Earnix) is a plus.

Responsibilities

• Build & Maintain Models: Develop actuarial models tailored to state-specific regulatory and business requirements.
• Automate & Optimize: Design and implement automated workflows using SQL and Python to enhance efficiency, scalability, and consistency.
• Innovate: Identify and integrate new features, data sources, and techniques to improve model performance and deliver actionable business insights.
• Collaborate: Work closely with cross-functional teams to align assumptions, inputs, and outputs.
• Lead Governance: Oversee model documentation, validation, and compliance processes.
• Mentor Talent: Guide junior modelers and foster technical excellence within the team.
• Stay Current: Monitor regulatory changes and ensure models remain compliant and up-to-date.

Benefits

• Industry Leadership: Be part of a company recognized for its strong market presence and commitment to innovation in insurance.
• Career Growth: We invest in your professional development with exam support, mentorship, and advancement opportunities.
• Inclusive Culture: Join a diverse, collaborative team that values fresh ideas and continuous improvement.
• Competitive Rewards: Comprehensive benefits, performance-based incentives, and work-life balance programs.
• Purpose-Driven Work: Your contributions will help millions of customers make informed decisions and protect what matters most.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees