Step into a high-impact leadership role at the heart of Mercury Insurance’s financial strength — as the Actuarial Reserving Manager, you’ll drive the integrity of the company’s P&C reserve analyses and deliver actuarial insights that directly inform executive decision-making and long-term financial stability. This is a rare opportunity to lead meaningful, technically sophisticated work while also shaping the next generation of actuarial talent through mentorship and development.

An in-person interview may be required during the hiring process

State specific pay scales for this role are as follows:

$128,136 to $252,194 (NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$116,487 to $229,267 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$229,267 to $206,340 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)

In CA: Typical hiring range is $157,177.00 to $192,105.00  

The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location.

Essential Job Functions:

• Lead quarterly and annual reserve analyses for multiple P&C lines of business.
• Evaluate reserve adequacy and analyze loss development trends.
• Prepare reserve recommendations and support statutory and management reporting.
• Collaborate with external actuaries on reserve studies, actuarial reviews, and reporting requirements.
• Partner with Claims, Underwriting, and Finance teams to identify emerging trends and assess business impacts.
• Maintain and enhance reserving models, methodologies, and supporting documentation.
• Train and mentor Financial Analysts on actuarial reserving techniques and best practices.
• Support audits, regulatory reviews, and actuarial reporting requirements.
• Identify opportunities for process improvement and automation within the reserving function.

Education:

• Minimum: Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or related field.
• Preferred: ACAS, FCAS, or progress toward actuarial designation preferred.

Experience:

 Minimum: 5+ years of P&C actuarial or reserving experience.

Knowledge and Skills:

• Strong understanding of P&C loss reserving methods and financial reporting.
• Proficiency in actuarial and analytical tools, including Excel, SQL, and WTW ResQ.
• Strong analytical skills with the ability to evaluate complex loss development data and reserve adequacy.
• Effective written and verbal communication skills, including the ability to present findings to Finance and executive leadership.
• Leadership and mentoring skills with the ability to develop and guide analytical staff.
• Ability to exercise independent judgment on matters of significance.
• Collaborative approach to working across cross-functional teams and with external partners.

We offer many great benefits, including:

• Competitive compensation
• Flexibility to work from anywhere in the United States for most positions
• Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours)
• Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus)
• Medical, dental, vision, life, and pet insurance
• 401 (k) retirement savings plan with company match
• Engaging work environment
• Promotional opportunities
• Education assistance
• Professional and personal development opportunities
• Company recognition program
• Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more