• Actuary II, State Pricing

    MAPFRE Insurance (Webster, MA)


    Actuary II, State Pricing

     

    Date: Oct 28, 2025

    Location:

    Webster or Remote, MA, US

     

    Company: MAPFRE

     

    Based on experience position can be at a higher level

     

    Actuary II– Massachusetts Personal Lines Auto

    Summary

    Join a high-impact Actuarial team where your expertise drives decisions for a $1B Massachusetts Personal Lines Auto book of business. We’re looking for a motivated professional with strong business acumen, innovative thinking, and the ability to deliver actuarial analyses aligned with CAS (Casualty Actuarial Society) principles. In this role, you’ll be the go-to expert for Massachusetts Auto, influencing strategy and shaping outcomes that matter.

    What You’ll Do

    + **Own the Market:** Build deep state-specific expertise as the lead analyst for Massachusetts Personal Lines Auto

    + **Drive Insight:** Provide actuarial analysis and support for rate changes and strategic initiatives, including:

    + Reviewing pricing for new or existing rating elements and coverages

    + Quantifying top- and bottom-line impacts of rate and non-rate actions

    + Forecasting how product, market, and economic changes affect profitability and rate needs

    + **Lead with Data:** Make data-driven recommendations, applying actuarial judgment where needed

    + **Technical Excellence:** Use strong SQL skills to retrieve and manipulate data across multiple sources efficiently

    + **Operate Independently:** Perform reasonability checks, catch errors, and deliver accurate results

    + **Communicate & Influence:** Present findings clearly to peers, business partners, and senior leadership

    + **Collaborate & Innovate:** Build relationships across functions and recommend process improvements

    + **Mentor & Grow:** Provide guidance to less experienced staff and pursue CAS exams through at least ACAS

    Experience & Credentials:

    + 3–5 years of actuarial personal lines pricing or related experience

    + 3–5 CAS exams passed

    + Bachelor’s degree or equivalent professional knowledge in a specialized field

    Technical & Analytical Skills:

    + Actuarial, analytical, and coding expertise (SQL proficiency required)

    + Ability to carry out intermediate quantitative analyses and contribute to complex projects under guidance

    Leadership & Communication:

    + Strong communication with business partners and senior leadership

    + Ability to manage multiple work streams and prioritize effectively

    + Proven track record of implementing methodology or process improvements

     

    Why Join Us?

     

    + **Impact at Scale:** Your work will directly influence a $1B book of business, shaping pricing strategies and profitability for a major market

    + **Growth & Development:** We invest in your success with exam support, mentorship, and opportunities to advance toward ACAS and beyond

    + **Innovation Culture:** Bring your ideas to life in an environment that values creativity, collaboration, and continuous improvement

    + **Visibility & Influence:** Partner with senior leadership and cross-functional teams to make decisions that matter

    + **Flexibility & Balance:** Enjoy a supportive workplace that prioritizes work-life balance while challenging you professionally

    **Pay Philosophy** :The typical starting salary range for this role is determined by several factors including skills, experience, education, certifications, and location. Some roles at MAPFRE are eligible for commission and/or bonus earnings, in addition to salary, calculated based upon factors set forth in the compensation plan for the role.

     

    Salary Range: $77,700-$140,000

     

    _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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