Associate Actuary

🔥 19 hours ago

🍂 Massachusetts – Remote

🍂 Massachusetts – Remote

⏰ Full Time

🟡 Mid-level

📊 Actuary

👻 Ghost score 10%

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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

• Have pricing responsibility for the Commercial Auto line of business for Small Commercial and Middle Market • Perform actuarial rate indications and develop actuarial assumptions • Lead annual rate revision analyses, filings, and objection management • Leverage predictive analytics to implement a new auto product and pricing platform • Monitor and analyze profitability and provide recommendations to business partners • Communicate technical analysis to business partners and upper management • Analyze the book of business and collaborate with field leadership to understand relevant activities and trends • Collaborate with other Commercial Lines actuarial pricing teams • Incorporate industry and external benchmarks into analyses • Build efficiencies and improvements into existing processes • May lead or participate in community recruiting and/or training activities

🎯 Requirements

• Bachelor’s Degree or higher in a relevant technical field • Five or more years of technical experience in multiple LOB and/or actuarial disciplines such as pricing, reserving or predictive modeling • Experience with predictive modeling preferred • ACAS Designation or higher or equivalent work experience • Detailed understanding of actuarial concepts/methods and ability to research and employ new techniques depending on project requirements • Advanced skills using Microsoft Office, including Excel • Intermediate programming skills (SQL preferred), including ability to develop and automate processes • Advanced communication skills; ability to communicate technical concepts to non-technical audiences • Ability to multitask and meet all deadlines with quality product

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