Director of Commercial Lines Actuarial Strategy

Mapfre; Webster (MA); Remote; USD 200,000 - 256,000; Full time

Benefits offered by this job

401(k) & Profit Sharing

Medical, Dental and Vision Coverage

PTO (Paid Time Off)

STD, LTD, Life Insurance, FSA, HSA

Job summary

MAPFRE in Webster, MA seeks a Director, Commercial Lines Actuarial to lead pricing strategy and expert actuarial analysis across Commercial Auto, BOP, and CPP. You will translate portfolio performance and regulatory needs into actionable recommendations, guiding two analysts and partnering with underwriting, product, finance, and senior management.

The role emphasizes developing robust actuarial processes, staff capability, and clear communication of risks and impacts to internal and external

Qualifications

• Bachelor’s degree in actuarial science, mathematics, statistics, economics, or a related quantitative field
• Substantial property and casualty actuarial experience with increasing responsibility; experience in commercial lines pricing, preferably including Commercial Auto, BOP, or CPP
• Demonstrated ability to lead actuarial analyses, communicate recommendations to senior stakeholders, and manage multiple priorities
• Strong knowledge of insurance operations, accounting, regulation, reinsurance, and applicable Actuarial Standards of Practice
• Proficiency with Microsoft Office and analytical tools such as SQL, SAS, R, or comparable platforms
• Experience developing or improving complex analytical processes and data sources.
• ACAS or FCAS credential

Responsibilities

• Lead pricing strategy and actuarial analysis for Commercial Auto, BOP, and CPP.
• Evaluate loss and loss adjustment expense trends, expenses, investment income, profit and contingency provisions, reinsurance, and other components of actuarially sound rates.
• Own line-of-business profitability, planning, growth, rate adequacy, competitive positioning, segmentation, and rate-impact analysis.
• Develop recommendations for rate changes, new or revised coverages, classification plans, rating structures, and other product changes.
• Establish priorities and quality standards for the rate review and filing schedule and ensures analyses are accurate and on time.
• Communicate recommendations, risks, and financial impacts to senior management and external stakeholders.
• Lead, develop, and manage two actuarial analysts. Sets priorities, delegates work, reviews analyses, establishes quality-control standards, and ensures timely delivery. Provides coaching on actuarial methods, commercial lines insurance, data tools, business communication, and project management. Supports professional development, including progress toward CAS credentials and readiness for expanded responsibilities.

Skills

Actuarial analysis

Pricing strategy

Leadership

SQL

SAS

R

Microsoft Office

Communication with stakeholders

Education

Bachelor's degree in actuarial science or related field

Tools

Earnix

Emblem

Job description

MAPFRE in Webster, MA seeks a Director, Commercial Lines Actuarial to lead pricing strategy and expert actuarial analysis across Commercial Auto, BOP, and CPP. You will translate portfolio performance and regulatory needs into actionable recommendations, guiding two analysts and partnering with underwriting, product, finance, and senior management.

The role emphasizes developing robust actuarial processes, staff capability, and clear communication of risks and impacts to internal and external