Actuary II

Job Summary

Position can be at a higher level commensurate with experience.

Location: Webster MA or Boston MA preferred. Can be remote.

The Actuary develops actuarial models in accordance with CAS (Casualty Actuarial Society) principles. These models will directly contribute to the overall performance of the actuarial area, with the potential to positively impact other departments across the organization and overall, the results of the company. Will be accountable for ensuring that the models are kept up-to-date and free of errors. Acts as the SME (subject matter expert) for the actuarial models built, detailing the inputs and conclusions to others in the organization.

Knowledge, Skills and Abilities

Education: Bachelor's plus Certificate, e.g., INS 21, 22, 23, or equivalent, related experience
Experience: 2+ years. Passed MAS I and MAS II or proficient knowledge of equivalent material
Knowledge: General knowledge of industry practices, standards, and concepts within field of work. Applies them to perform work requiring analytical business skills

Additional Knowledge, Skills and Abilities

Required

At least one year of experience in Commercial Auto Pricing
Experience with developing and implementing multivariate predictive models using GLMs
Experience with complicated quantitative analyses for insurance companies preferably related to similar products
General knowledge of either SAS or SQL
General knowledge of insurance operations and insurance regulation
Ability to use these skills to modify existing processes or innovate new processes
Thorough knowledge of Microsoft Office

Preferred

Credit for at least four exams on the current CAS syllabus
Experience with Python, R, Earnix, Radar or Emblem
Programming ability in SAS, SQL, R or Python
Experience with cloud-based platforms such as AWS
Works independently under general supervision
Makes decisions related to a wide variety of situations within management
Proactive in recognizing existing or emerging issues with analysis processes and remediation
May provide training and guidance to less experienced staff
Manages internal and external relationships
Represents actuarial area as prime contact for completed analyses
Ability to communicate with senior management and external personnel

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 .

We are proud to be an equal opportunity employer.