Actuarial Manager (Hybrid)

Intact Insurance Group; Plymouth (MN); Hybrid; USD 155,000 - 205,000; Full time

Benefits offered by this job

Comprehensive medical, dental and vision insurance

Competitive paid time off programs

401(k) savings with annual contributions

Mental health support programs

Paid parental leave

Job summary

Intact Insurance Group is seeking an Actuarial Manager for their Corporate Actuarial team in Plymouth, MN or Boston, MA on a hybrid schedule. The role involves directing actuarial analyses to develop pricing strategies and loss reserving recommendations.

The ideal candidate will have a Bachelor’s degree in a relevant field, advanced actuarial knowledge, and at least five years of property and casualty actuarial experience. The position offers competitive salary ranging from $155,000 to $205,000 along with a comprehensive benefits package.

Qualifications

• Five or more years of property and casualty actuarial experience.
• FCAS or advanced ACAS is expected.
• Advanced knowledge of actuarial statistics and assumptions.

Responsibilities

• Direct the process of making strategic recommendations based on actuarial analyses.
• Develop and enhance pricing strategies and loss reserving.
• Lead and develop actuarial staff with limited guidance.

Skills

Actuarial statistics

Data analysis

Strategic business proposal development

Team leadership

Education

Bachelor’s degree in mathematics and statistics or similar

Job description

The opportunity

We currently have an opportunity for an Actuarial Manager to join our Corporate Actuarial team in our Plymouth, MN or Boston, MA office on a hybrid schedule. This job is responsible for directing the process of making strategic recommendations and developing moderately‑to‑highly complex managerial information based on actuarial and financial analyses.

• Initiates, organizes and leads the performing of actuarial analyses to develop actuarial formulations leading to the recommendation of pricing strategies and loss reserving.
  • Identifies and initiates the best analytical approach to determine relationships, trends, and indications.
  • Identifies and corrects data issues.
  • Possible examples include: developing rating plans, developing rates, indicating IBNR, financial forecasting and participating in implementation.
• With consideration of corporate objectives, applies growing business knowledge to develop long term and short‑term strategic business proposals and evaluate alternatives.
• Utilizes internal and external data and tools to design, enhance and initiate new actuarial analyses.
• Develops and trains actuarial staff with limited guidance.

The expertise you bring

• Bachelor’s degree required, preferably with emphasis in mathematics and statistics or similar background requiring modeling, programming, or quantitative analysis.
• Advanced knowledge of actuarial statistics/assumptions used for ratemaking, loss reserving and forecasting is essential.
• Five or more years of property and casualty actuarial experience.
• FCAS or advanced ACAS is expected.

Salary and Benefits

Our salary ranges are determined by many factors including location, role, experience and skillset of the candidate. The following ranges displayed reflect the target base salary for new hires; however, your recruiter will provide more specific compensation details during the hiring process. The typical base salary range for this position is: $155,000 - $205,000, based on the factors aforementioned. For candidates located in San Francisco, CA; Washington DC; our Massachusetts based offices and the New York City metro area, the base salary range is $180,000 - $211,000. In addition to base salary, full time Intact employees are also eligible for bonus potential and a full range of benefits to include but not limited to:

• Comprehensive medical, dental and vision insurance with no waiting period
• Competitive paid time off programs
• 401(k) savings and annual contributions of up to 12% of annual salary
• Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.