Remote Associate Actuary, Commercial Auto Pricing

The Hanover Insurance Group

Oregon

Hybrid

USD 120,000 - 170,000

Full time

5 days ago
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Benefits offered by this job

Medical & dental
401K match
Tuition reimbursement
PTO
Holidays
Flexible work arrangements
IDEA Cultural Awareness Day
On-site wellness center (Worcester)

Job summary

The Hanover Insurance Group is seeking an Associate Actuary for Commercial Auto to join our Commercial Lines Actuarial team. The role is based in Worcester, MA, with remote work options, and reports to the Actuarial Manager of Commercial Auto.

You will oversee ratemaking, profitability analysis, and the development of new auto product and pricing platforms. Ideal candidates have ACAS or higher, 5+ years in pricing/reserving/predictive modeling, strong communication skills, and proficiency with

Qualifications

  • Bachelor’s degree or higher in a relevant technical field.
  • Five or more years of technical experience in pricing, reserving or predictive modeling.
  • ACAS designation or higher or equivalent work experience.
  • Advanced skills with Microsoft Office, including Excel.
  • Intermediate programming skills (SQL) and ability to automate processes.

Responsibilities

  • Actuarial rate indications and actuarial assumptions.
  • Lead annual rate revision analyses, filings, and objection management.
  • Leverage predictive analytics to implement new auto product and pricing platform.
  • Monitor profitability and provide recommendations to business partners.
  • Communicate complex analyses to non-technical audiences and senior management.
  • Collaborate with field leadership and other pricing teams to understand trends.

Skills

Actuarial pricing
Reserving
Predictive modeling
ACAS designation
Communication skills
Multitasking

Education

Bachelor’s Degree in a relevant field

Tools

SQL
Excel

Job description

The Hanover Insurance Group is seeking an Associate Actuary for Commercial Auto to join our Commercial Lines Actuarial team. The role is based in Worcester, MA, with remote work options, and reports to the Actuarial Manager of Commercial Auto.

You will oversee ratemaking, profitability analysis, and the development of new auto product and pricing platforms. Ideal candidates have ACAS or higher, 5+ years in pricing/reserving/predictive modeling, strong communication skills, and proficiency with

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