"Alerted.org

Actuary II, State Pricing

Date: May 7, 2025

Location:

Webster, MA, US

Company: MAPFRE

At MAPFRE, our commitment to care is not just our purpose; it’s the driving force behind everything we do. We care about the things that resonate with the needs of our employees, our customers and the community.

+ For Employees: We cultivate an inspiring and dynamic workplace where collaboration and innovation fuel the success of our high-performing teams.

+ For Customers: In addition to being Massachusetts’ #1 home and auto insurer, we provide unmatched peace of mind to our customers across the U.S.

+ For the Community: Our culture of care extends to impactful community engagement and environmental initiatives locally and globally.

This is who we are at MAPFRE, and we invite you to be part of a movement that cares deeply and acts boldly. Together, we make a difference.

Summary:

Our Actuarial team is seeking a highly motivated individual that has a strong business sense, a proven track record of generating and implementing new ideas and the ability to develop actuarial analyses in accordance with CAS (Casualty Actuarial Society) principles. In this role, you will be the lead analyst for the $1B Massachusetts Personal Lines Auto book of business. The individual in this position supports the team by identifying business issues, performing analysis to understand the drivers of the issues, and making recommendations to improve the overall business results.

Responsibilities:

+ Build state specific expertise as the Massachusetts Personal Lines Auto lead analyst.

+ Provide actuarial analysis and support for rate changes or other initiatives. Such analysis may include:

+ Review pricing of new or existing rating elements and/or coverages

+ Quantifying the top and bottom-line impact of rate and non-rate actions

+ Assess and forecast the impacts of product, market, and economic changes on profitability and rate need.

+ Make data driven decisions and recommendations, apply actuarial judgment where necessary.

+ Strong technical skills, particularly with SQL. Is able to retrieve and manipulate data efficiently across multiple data sources.

+ Can work independently, perform reasonability checks to catch obvious errors.

+ Effectively communicate findings and results of analysis to peers, business partners and senior management.

+ Build relationships with cross-functional business partners.

+ Recommend and implement process improvements.

+ Provide training and guidance to less experienced staff.

+ Pursues exams on the CAS syllabus through at least ACAS.

Experience:

+ 3-5 years of experience or equivalent related knowledge 3 – 5 CAS exams passed

+ Experience carrying out intermediate quantitative analyses

+ Actuarial, analytical, and coding expertise

+ Strong communication with business partners and leadership

+ Implementing methodology or process improvements

+ Completing intermediate analyses independently, with exposure to complex projects under guidance of manager

+ Manages multiple work streams at a time and recommends prioritization of tasks

**Education** : Bachelor's Degree or professional level of knowledge in a specialized field, or equivalent related experience

Thank you for considering MAPFRE Insurance as part of your career journey.

We're proud to be rated "A" (Excellent) by A.M. Best Company. We offer property and casualty insurance, working with over 3,000 independent agents and brokers in 11 states.

If you require an accommodation for a disability so that you may participate in the selection process, you are encouraged to contact the MAPFRE Insurance Talent Acquisition team at [email protected] .

_We are proud to be an equal opportunity employer._

**Nearest Major Market:** Worcester

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