Senior Actuarial Analyst

Central Insurance Company•Waltham, MA
•$102,000 - $140,000

About The Position

As a Senior Actuarial Analyst in Pricing at Central Insurance, you will complete pricing and rate analyses, conduct peer reviews, and use data-driven approaches. The role also involves preparing actuarial portions of rate filings, supporting responses to insurance department questions, preparing business-requested projects, and contributing to the quality and consistency of actuarial work. You will modify and write code to query and manipulate data, assist with training, and support continuous improvement of recurring processes. Central Insurance is a family-owned property and casualty insurance group that has operated since 1876. The company describes its values as Integrity, Relationships, and Excellence, and reports over $2 billion in assets and an A (Excellent) A.M. Best rating.

Requirements

  • Bachelor’s degree in Mathematics, Actuarial Science, Statistics, Analytics, or a related field and 2 years of experience in an actuarial position or insurance pricing; alternatively, 4 years of experience in an actuarial position or insurance pricing.
  • Strong skills with programming languages such as Python, SQL, R, SAS, and VBA are preferred.
  • Four or more actuarial exams passed are preferred.

Nice To Haves

  • Strong skills with programming languages such as Python, SQL, R, SAS, and VBA.
  • Four or more actuarial exams passed.

Responsibilities

  • Complete pricing and rate analyses as assigned.
  • Complete peer reviews and review Analyst work to ensure the quality of work products.
  • Prepare actuarial portions of rate filings, including assisting with responses to questions from insurance departments.
  • Prepare special projects as requested by the business.
  • Modify and write code to manipulate and query data with minimal supervision.
  • Assist with training others on pricing and rate analysis tasks.
  • Assist in preparing rate level indications.
  • Assist in preparing analyses of statistical experience.
  • Monitor Actuarial Department communications for opportunities to collaborate and drive consistency in actuarial work products.
  • Support continuous improvement efforts for recurring departmental processes to minimize errors.

Benefits

  • Health and wellness benefits.
  • Flexibility and work-life balance.
  • Generous paid leave.
  • Long-term financial security.
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