Our Boston Actuarial team is seeking a self-motivated and creative individual with a strong desire to work with Product Management and other teams to bring statistical rigor and analysis into everyday processes. The ideal candidate will have a strong business sense and a proven track record of generating new ideas across an organization and implementing those into current operations.
Under general direction, the Actuarial Analyst supports the Actuarial Manager and team by performing analysis within a designated business segment to assist business decision making, financial planning, and strategy development. He/she will perform statistical analysis related to insurance including loss estimation, rate setting and reserving as well as other actuarial projects including competitor analysis and reinsurance.
Essential Functions and Responsibilities:
- Understands quantitative concepts
- Assists in the preparation of actuarial research and reports and studies and presentation of findings and exhibits to peers and others.
- Maintains clear and concise documentation of methods and activities.
- Provides technical assistance and information to other departments.
- Assists in the creation and maintenance of internal and external data.
- Pursues actuarial exams.
- Attends industry and actuarial meetings and regulatory meetings as necessary.
- Completes required training.
Qualifications and Education:
- Knowledge of actuarial techniques and standards.
- Ability to work in a team environment as well as independently.
- Ability to balance high volume of tasks from multiple projects with direction.
- Familiarity with database tools.
- Programming experience (SQL or Visual Basic).
- Proficient Microsoft Office skills.
- Excellent verbal and written communication skills.
- High Level of intellectual curiosity.
- Proven math and analytical skills, as typically acquired through the attainment of a bachelors or higher level degree in Mathematics, Statistics, Economics, Actuarial Science, or related field.
- Commitment to achieving membership in the Casualty Actuarial Society. Passing grades on 2-4 actuarial exams preferred.
- Demonstrated problem solving experience gained through related coursework and work experience.
- 1 or more years of experience with actuarial tools and concepts.
Perks and Benefits:
- 4 weeks accrued paid time off + 9 paid national holidays per year
- Tuition Reimbursement
- Low cost and excellent coverage health insurance options that start on Day 1 (medical, dental, vision)
- Robust health and wellness program and fitness reimbursements
- Auto and home insurance discounts
- Matching gift opportunities
- Annual 401(k) Employer Contribution (up to 7.5% of your base salary)
- Various Paid Family leave options including Paid Parental Leave
- Resources to promote Professional Development (LinkedIn Learning and licensure assistance)
- Convenient location directly across from South Station and Pre-Tax Commuter Benefits
About the Company
The Plymouth Rock Company and its affiliated group of companies write and manage over $2 billion in personal and commercial auto and homeowner’s insurance throughout the Northeast and mid-Atlantic, where we have built an unparalleled reputation for service. We continuously invest in technology, our employees thrive in our empowering environment, and our customers are among the most loyal in the industry. The Plymouth Rock group of companies employs more than 1,900 people and is headquartered in Boston, Massachusetts. Plymouth Rock Assurance Corporation holds an A.M. Best rating of “A-/Excellent”
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