Lead Actuary

ERGO NEXT Group INTERNAL•Waltham, MA
•Hybrid

About The Position

ERGO NEXT is seeking an actuary to help shape how the company manages its small-business insurance product portfolio. The Lead Actuary will exercise autonomy as a trusted partner to insurance product managers, provide rigorous analysis and recommendations to leadership, and stay closely connected to business performance and decisions affecting growth and profitability. The role focuses on pricing, actuarial methodologies, product development, predictive modeling, market research, and collaboration with teams across the business. The position is based in Waltham, Massachusetts, with a hybrid work arrangement.

Requirements

  • At least 6 years of actuarial experience, including an actuarial credential.
  • Accountability and pride in work product, with the ability to instill confidence in leadership.
  • Communication and collaboration skills to work effectively with cross-functional partners.
  • A self-driven mindset and willingness to embrace challenges and unexplored possibilities.
  • Intellectual curiosity and the ability to investigate and solve complex business problems.
  • A proactive mindset to identify business needs and drive solutions.
  • Expertise with some or all of the following: Tableau, SQL, Python, MS Office, Google Suite, and Akur8.

Nice To Haves

  • Property and casualty insurance experience.
  • Product management experience.

Responsibilities

  • Serve as ERGO NEXT’s primary subject matter expert on pricing for the target product offerings.
  • Build and enhance actuarial methodologies for loss-ratio forecasting, insurance analytics, and P&L management.
  • Partner with Insurance Product Managers to drive future product development.
  • Build go-to-market predictive models in Akur8, perform impact analyses, and support product filings.
  • Conduct competitor and market research.
  • Partner with data science and data engineering to enable future-proof data architecture.
  • Deliver actuarially sound recommendations to senior management.
  • Provide ad hoc support to business partners, including reinsurance, finance, distribution, claims, and growth teams.

Benefits

  • Annual performance-based incentive program eligibility.
  • Partially subsidized medical plan.
  • Fully subsidized vision and dental options.
  • Life insurance.
  • Disability insurance.
  • 401(k).
  • Flexible paid time off.
  • Parental leave.
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