Senior Actuarial Analyst

Plymouth Rock Assurance•Boston, MA

8d•$94,000 - $124,000•Onsite

About The Position

We are seeking a highly analytical Senior Actuarial Analyst to join our dynamic Boston-based Home Actuarial team. As an Actuarial Analyst for our @Home business, you will be responsible for identifying and diagnosing key drivers of our business results through reserve studies, rate indications, and complex analyses. This is position and will have the opportunity to influence the way actuarial analytics drive our innovative and growing homeowners product.

Requirements

Proficient in SQL, with hands on Python and ResQ experience preferred
Strong critical-thinking, problem-solving, and analytical skills
Ability to diagnose business problems, identifying appropriate data and information needed to perform analyses
Demonstrated ability to clearly communicate complex actuarial analyses, both in writing and verbally, to technical and non-technical stakeholders.
3+ years of property and casualty actuarial experience
A minimum of three Casualty Actuarial Exams is strongly preferred, with recent success at passing exams
Desire to achieve ACAS or FCAS designation, with company support
Proven mathematical and analytical skills, as generally acquired through pursuit of a Bachelor’s degree in Mathematics, Statistics, Economics, Actuarial Science, or related field

Responsibilities

Develop quarterly homeowners reserve analyses, incorporating both traditional and non-traditional methods to accurately estimate future reserves
Collaborate with the Product and Claims teams, understanding business and operational changes to improve reserve estimate accuracy
Assess profitability of the homeowners business, working with Actuarial Managers and Product Managers to determine rate needs and pricing opportunities
Drive continuous improvement of reserving, indications, and loss ratio forecasting processes
Execute deep dive analyses on underperforming segments to identify and correct key drivers

Benefits

Paid time off
Free onsite gym at our Boston location
Tuition reimbursement
Low cost and excellent health insurance coverage options that start on Day 1 (medical, dental, vision)
Robust health and wellness programs
Auto and home insurance discounts
Matching donation opportunities
Annual 401(k) employer contribution
Various Paid Family leave options including Paid Parental Leave
Resources to promote professional development
Convenient locations and pre-tax commuter benefits