Lead Associate Actuary - Personal Lines Analytics

Hanover Insurance Group, Inc.; Worcester, Northern (MA, KY); Hybrid; USD 120,000 - 170,000; Full time

Job summary

The Hanover Insurance Group, Inc. in Massachusetts (Worcester area) is seeking an Associate Actuary in a hybrid work arrangement. The role leads actuarial projects, analyzes data, and guides junior team members.

Responsibilities include collaborating with partners, presenting findings, enhancing ratemaking and reserve methods, and ensuring regulatory compliance. FCAS pursuit preferred.

Qualifications

• Bachelor’s Degree.
• 5+ years of technical actuarial experience across multiple LOBs (pricing, reserving, or predictive modeling).
• ACAS designation or higher (or equivalent experience).
• Strong understanding of actuarial concepts and ability to apply new techniques.
• Proven ability to diagnose business problems.
• Advanced MS Office skills, especially Excel.
• Intermediate programming skills to develop/automate processes.
• Multitasking and meeting deadlines with quality.
• Experience with SQL programming to develop and automate processes.
• Strong communication to present results to stakeholders.
• Strong conceptual thinking to synthesize data and patterns.
• Mentoring and developing others.
• Collaborative mindset to work with cross-functional teams.
• Relationship building across levels.
• Influencing and persuading stakeholders.
• Results-driven with a track record of reaching goals.

Responsibilities

• Collaborates with other business members to identify and solve business problems.
• Leads meetings, able to influence business partners and articulate findings.
• Understand data and identify root causes behind trends.
• Recommends improvements to ratemaking processes, reserve methods, or other related processes.
• Designs and develops experience exhibits and analyses to interpret results and guide strategy.
• Performs projects requiring advanced actuarial concepts and analytics.
• Prepares systems specifications.
• Responds to insurance department inquiries.
• Ensures compliance with state and federal regulations.
• May testify at rate hearings if necessary.
• Communicates results to upper management.
• Develops leadership skills; mentors junior staff.
• May participate in community recruiting/training activities.
• Maintains regular attendance and adheres to schedule.
• Communicate effectively with stakeholders via phone, email, Teams, in person.
• Manage multiple priorities under pressure in a fast-paced environment.

Skills

ACAS designation

Actuarial modeling

Communication skills

SQL programming

Mentoring others

Education

Bachelor's Degree

FCAS pursuit preferred

Tools

Excel

SQL

Job description

The Hanover Insurance Group, Inc. in Massachusetts (Worcester area) is seeking an Associate Actuary in a hybrid work arrangement. The role leads actuarial projects, analyzes data, and guides junior team members.

Responsibilities include collaborating with partners, presenting findings, enhancing ratemaking and reserve methods, and ensuring regulatory compliance. FCAS pursuit preferred.