Associate Actuary, Capital Modeling

🔥 0 minutes ago

🍂 Massachusetts – Remote

🍂 Massachusetts – Remote

⏰ Full Time

🟢 Junior

🟡 Mid-level

📊 Actuary

👻 Ghost score 12%

What it means: how likely this posting is sitting open without active hiring.How to read it: 60% or higher means we think this is a ghost. Lower scores are less of a worry.How we score it: age, reposts, open roles vs team size, how fast jobs close, and whether pay is listed.Fine print: an estimate from public data, not a judgment of the company. Real jobs can score high, so treat it as a hint, not a fact.

Apply Now

Find Similar Remote Jobs

Set Up Email Alert For New Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

The Hanover Insurance Group

WebsiteLinkedInAll Job Openings

5001 - 10000 employees

Founded 1852

🛡️ Insurance

🤝 B2B

👥 B2C

💰 $500M Post-IPO Debt - The Hanover Insurance Group on 2025-08

Insurance • B2B • B2C

The Hanover Insurance Group is a U. S. -based insurance company that provides personal and commercial insurance products and services. Hanover offers individual lines such as home, auto, motorcycle, umbrella, condominium, renters, and specialty coverages (collector cars, watercraft, valuable items), as well as comprehensive business products including business owner’s policies, commercial auto, workers' compensation, management liability, cyber, professional liability, property, surety, and industry-specific coverages for construction, healthcare, life sciences, retail, and more. The company supports customers and agents with claims services, policy management tools, educational resources, risk solutions, and an agent/broker distribution network. Hanover emphasizes customer service, preparedness resources, corporate responsibility, and agent support.

📋 Description

• Support the maintenance, governance, and ongoing enhancement of Hanover's Economic Capital Model (ECM) • Analyze model assumptions, methodologies, and outputs, recommending improvements to effectiveness, accuracy, and business value • Perform enterprise risk quantification, stochastic modeling, and capital adequacy analyses across underwriting, reserving, catastrophe, market, credit, and operational risks • Conduct stress testing and scenario analyses for emerging risks and changing business conditions • Analyze economic capital consumption, profitability, and risk-adjusted performance across business segments • Support capital allocation and performance measurement frameworks for strategic decision-making • Determine the impact of reinsurance structures, capital management initiatives, and business opportunities on risk, return, and capital efficiency • Analyze capital implications of strategic initiatives and management actions • Partner with Finance, Enterprise Risk Management, Investments, Treasury, Pricing, Reserving, and business leaders to communicate results and support enterprise decision-making • Present findings and recommendations to technical and non-technical stakeholders • Contribute to model enhancements, process improvements, and the evolution of Hanover's capital management capabilities

🎯 Requirements

• Bachelor's degree in a relevant technical or quantitative field • Five+ years of actuarial, capital modeling, enterprise risk management, predictive analytics, pricing, reserving, or related analytical experience • ACAS or equivalent experience preferred • Strong understanding of actuarial modeling techniques, enterprise risk management concepts, and capital management principles • Experience interpreting complex analytical results and translating them into business recommendations • Advanced skills using Microsoft Office, including Excel and PowerPoint • Programming and analytical experience using Python, R, SQL, and other actuarial or data analytics tools • Demonstrated ability to automate processes, develop analytical solutions, and improve operational efficiency • Proven ability to manage multiple priorities and deliver high-quality work within established timelines • Ability to influence decisions and collaborate effectively across functions and organizational levels

🏖️ Benefits

• Full-time, exempt employment status