Senior Actuarial Analyst

Central Insurance•Waltham, MA

About The Position

As a Senior Actuarial Analyst in Pricing, you will complete pricing and rate analyses and peer reviews using data-driven approaches. You will contribute to rate filings, special projects, data analysis and code development, and support training, collaboration, and continuous improvement within the Actuarial Department. Central Insurance is a family-owned property and casualty insurance group operating since 1876. The company describes its culture as grounded in Integrity, Relationships, and Excellence, and emphasizes customer service, innovation, employee development, and supporting policyholders. Central has over $2 billion in assets and an A (Excellent) A.M. Best rating. The hiring range is $102,000–$140,000. Starting pay depends on relevant experience, education, skills, and certifications. The company describes a total rewards package that includes health and wellness benefits, paid leave, work-life balance, and support for financial, career, and retirement objectives.

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.

Nice To Haves

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

Responsibilities

  • Complete assigned pricing and rate analyses.
  • Perform 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 promote consistency in actuarial work products.
  • Support continuous improvement of recurring departmental processes to minimize errors.

Benefits

  • Health and wellness benefits
  • Generous paid leave
  • Work-life balance and flexibility
  • Support for long-term financial security, career objectives, and retirement objectives
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