Actuary III - Massachusetts Personal Lines Auto (Hybrid/Remote)

MAPFRE

$87K — $131K *
US-AnywhereRemote in Massachusetts, US
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of actuarial personal lines pricing or related experience
  • 5+ CAS exams passed
  • Bachelor's degree or equivalent professional knowledge in a specialized field
  • Proficient in SQL for data manipulation
  • Experienced in advanced quantitative analyses
  • Strong communication skills with business partners and senior leadership
  • Proven ability to manage multiple work streams and prioritize effectively

Responsibilities

  • Own the Massachusetts Personal Lines Auto actuarial analysis as the lead expert
  • Provide actuarial analysis to support rate changes and strategic initiatives
  • Review pricing of new and existing rating elements and coverages
  • Quantify impacts of rate and non-rate actions on profitability
  • Forecast effects of market changes on the need for rate adjustments
  • Deliver data-driven recommendations and validate analysis accuracy
  • Present findings to various stakeholders and foster interdepartmental relationships
  • Mentor junior staff and support professional development through CAS exams

Benefits

  • Paid Time Off (PTO) combining vacation, personal, volunteer, and sick leave
  • 401(k) with company matching contributions
  • Comprehensive medical, dental, and vision coverage
  • Additional benefits including STD, LTD, and life insurance
  • Flexibility in participation in wellness programs
Full Job Description
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


What You'll Bring:
  • 5-7 years of actuarial personal lines pricing or related experience
  • 5+ CAS exams passed
  • Bachelor's degree or equivalent professional knowledge in a specialized field
  • Actuarial, analytical, and coding expertise (SQL proficiency required)
  • Ability to carry out advanced quantitative analyses and contribute to complex projects under guidance
  • 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


Salary Range: $87,700- $131,000

Benefit Highlights:

At Mapfre, we invest in our employees' well-being by offering a comprehensive benefits package, including:

  • Paid Time Off (PTO): A flexible PTO program that combines vacation, personal, volunteer and sick time into one convenient bank of paid time off.
  • 401(k) & Profit Sharing: Eligible employees may participate in Mapfre's 401(k) plan that includes company matching contributions up to certain amounts under the terms of the plan.
  • Medical, Dental and Vision Coverage: Choice of comprehensive medical, dental and vision insurance coverage under group plans offered by the company.
  • Other Benefits Include: STD, LTD, Life Insurance, FSA, HSA and various wellness programs


Benefits provided are subject to the terms and conditions of the applicable benefit plan or policy. The Company reserves the right to alter, amend, or terminate benefits in its sole discretion. To learn more about our benefit offerings please visit: https://mapfre.gobenefits.net/

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