Actuarial Director (REMOTE or HYBRID TO MA or CT)

Hanover Insurance Group, Inc.; Worcester (MA); Remote; USD 190,000 - 270,000; Full time

Job summary

Hanover Insurance Group, Inc. seeks an Actuarial Leader to steer pricing strategy and portfolio management for Management Liability & Surety within Professional & Executive Lines.

The role partners with underwriting and senior leadership to drive profitability and growth from a multi-line book valued at hundreds of millions of dollars. The ideal candidate will provide strong technical leadership, coaching, and cross-functional collaboration across Finance, Data & Analytics, and Claims.

Qualifications

• Bachelor’s degree or higher in a relevant technical field.
• 7+ years of actuarial experience across multiple lines and disciplines (pricing, reserving, analytics).
• ACAS required; FCAS preferred.
• Strong communication and actuarial judgment with ability to translate analysis into business insights.
• Advanced data analysis, modeling, and portfolio management capabilities.
• Intermediate programming or automation experience.

Responsibilities

• Lead and advance pricing segmentation and underwriting guidance aligned with strategy.
• Own segmented profitability reviews and portfolio monitoring to inform actions.
• Lead actuarial planning, forecasting, and IBNR analyses with Finance and Reserving.
• Influence investments in data, analytics, and technology to improve insight and efficiency.
• Communicate insights and recommendations to senior and executive leadership.
• Partner with underwriting and business leadership to shape product strategy and growth.

Skills

Actuarial pricing

Portfolio management

Leadership

Communication skills

Data analysis

Programming/automation

Education

Bachelor's degree in a relevant technical field

Tools

Programming

Job description

The Specialty Actuarial team is seeking an Actuarial Leader to provide actuarial leadership for the Management Liability & Surety portfolio within the Professional & Executive Lines division in our Worcester, MA or Windsor, CT offices, or in remote work arrangement.

POSITION SUMMARY:

This role supports pricing strategy, portfolio management, planning, and product initiatives for a profitable $250 million book comprising Management Liability (Employment Practices Liability, Fidelity & Crime, Directors & Officers, and Cyber) and Surety (Commercial and Contract).

The position reports to the AVP & Actuary of Professional and Executive Lines & Surety and serves as a key actuarial partner to underwriting and business leadership. This role works closely with Presidents, Chief Underwriting Officers, and cross-functional stakeholders to inform decision-making, drive pricing sophistication, and support profitable growth. You are expected to provide strong technical leadership, analytical insight, and business partnership.

The position requires close collaboration across the Specialty actuarial team and the broader organization, including Corporate Underwriting, Claims, Enterprise Product, Data & Analytics, and Finance. The role balances hands-on actuarial work with leadership, influence, and talent development.

This is a full-time, exempt role.

WHAT YOU WILL DO IN THIS ROLE:

• Lead and continuously advance pricing segmentation, sophistication, and underwriting guidance aligned with business strategy
• Own segmented profitability reviews and ongoing portfolio monitoring to inform actions and manage performance
• Lead actuarial planning, forecasting, and IBNR analyses in partnership with Finance and Reserving
• Influence strategic investments in data, analytics, and technology to improve insight, efficiency, and decision-making
• Monitor performance trends and clearly communicate insights and recommendations to senior and executive leadership
• Partner with underwriting and business leadership to shape product strategy, growth initiatives, and market actions
• Anticipate and manage emerging issues, balancing risk, profitability, and growth
• Provide leadership, coaching, and performance management for actuarial staff
• Influence outcomes across the organization through strong relationships, credibility, and sound actuarial judgment

WHAT YOU NEED TO APPLY:

• Bachelor’s degree or higher in a relevant technical field
• 7+ years of actuarial experience across multiple lines and disciplines (pricing, reserving, analytics)
• Prior people leadership experience preferred
• ACAS required; FCAS preferred
• Advanced communication skills, including the ability to translate analysis into clear business insights
• Advanced data analysis, modeling, and portfolio management capabilities
• Intermediate programming or automation experience
• Strong actuarial judgment and understanding of modeling techniques, assumptions, and limitations
• Ability to lead, develop, and motivate teams
• Ability to influence decisions and partner effectively across functions
• Strategic Thinking
• Business & Enterprise Acumen
• Talent & Change Leadership
• Results Orientation
• Influence & Relationship Building