Director Commercial Lines Actuarial: Lead Pricing

MAPFRE; Webster (MA); On-site; USD 215,000 - 256,000; Full time

Benefits offered by this job

Paid Time Off (PTO)

401(k) & Profit Sharing

Medical, Dental and Vision Coverage

FSA, HSA and wellness programs

Job summary

MAPFRE seeks a Director, Commercial Lines Actuarial to lead pricing strategy and actuarial analysis for Commercial Auto, BOP, and CPP. You will translate performance, competitive conditions, regulatory requirements, and business objectives into actionable pricing recommendations and manage two analysts.

You will collaborate with underwriting, product, finance, claims, data and IT to support profitable growth and effective rate filings, develop processes, and communicate risks and impacts to

Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, economics, or a related quantitative field.
• Substantial property and casualty actuarial experience with increasing responsibility; pricing experience in commercial lines.
• ACAS or FCAS credential.
• Experience leading actuarial analyses and communicating recommendations to senior stakeholders.

Responsibilities

• Lead pricing strategy and actuarial analysis for Commercial Auto, BOP, and CPP.
• Evaluate loss and LAE trends, expenses, investment income, and rate adequacy.
• Own line profitability, planning, growth, rate changes, and rate-impact analysis.
• Develop recommendations for rate changes and new coverages.
• Set priorities and quality standards for rate review and filings; ensure timely delivery.

Skills

Leadership

Communication

Pricing strategy

Analytical thinking

Project management

Education

Bachelor's degree in actuarial science, mathematics, statistics, economics, or related quantitative field

ACAS or FCAS credential

Tools

SQL

SAS

R

Job description

MAPFRE seeks a Director, Commercial Lines Actuarial to lead pricing strategy and actuarial analysis for Commercial Auto, BOP, and CPP. You will translate performance, competitive conditions, regulatory requirements, and business objectives into actionable pricing recommendations and manage two analysts.

You will collaborate with underwriting, product, finance, claims, data and IT to support profitable growth and effective rate filings, develop processes, and communicate risks and impacts to