In this role, you will be part of the team that provides full economic and analytical support and drives the profitable growth of the $144M Specialty Vehicle Motorcycle portfolio. You will work closely with a wide range of stakeholders throughout the organization and provide holistic analysis-based guidance on profitability. The key responsibilities of this role are to perform Actuarial rate indications of the motorcycle products, provide external actuarial support to Departments of Insurance, construct rate strategies, evaluate and monitor product performance, and provide other analytical services with actuarial and line-of-business expertise. As a member of the Specialty Economics organization, you will also work with a group of talented analysts on impactful crossline initiatives and develop subject matter expertise.

Responsibilities:

• Produce Actuarial rate level indications for the motorcycle insurance products.
• Research and identify drivers of performance and trends and develop actionable rate and non-rate recommendations to drive profit improvement and profitable growth
• Provide actuarial support for Specialty Vehicle filings for rate and other new initiatives
• Develop line-of-business expertise for the motorcycle products and deliver robust profitability views that reflect the latest opinions on experience, trends, and initiatives
• Effectively communicate project/analysis findings and recommendations to team members and stakeholders throughout the organization
• Build effective stakeholder relationships and influence decisions and actions on recommended product strategies
• Lead and support crossline initiatives and other ad hoc projects as necessary
• Proactively identify and act on method and process improvement opportunities
• Practice and promote analytical, documentation, and other Actuarial best practices

Qualifications

• Proven math and analytical skills, as normally acquired through the pursuit of a bachelors degree in Mathematics, Statistics, Economics, Actuarial Science, or related field.
• Commitment to achieving Fellowship in the Casualty Actuarial Society.
• Passing grades on a minimum of 5 Casualty Actuarial Exams is required.
• Minimum 3-5 years relevant experience required
• Prior experience and solid knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc.
• Solid oral and written and presentation communication skills and ability to interact effectively within and outside the organization.
• Solid interpersonal skills and the ability to work in a team environment as well as independently.
• Ability to motivate and mentor peers and motivate and train subordinates.
• Ability to exercise discretion, and apply independent judgment and well-developed critical thinking skills in execution of assignments and projects.
• Ability to balance multiple projects with minimal direction.
• Advanced computing skills (MS Office Excel, SAS, etc.); Ability to build models of moderate complexity.

Job Specifications:

Reference: 2023-53713
Category: Actuarial
Primary Location: Boston, MA
Additional Locations: Remote
Schedule: Full-Time

Salary: USD-$103,300.00-–-$189,600.00-/-Year
Education Level:
Travel: As Needed

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