Actuarial Analyst

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. The company has built an unparalleled reputation for service, continuously invests in technology, and fosters an empowering work environment. The Plymouth Rock group 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.”

Responsibilities

• Utilize core actuarial skillsets including ratemaking and reserving.
• Analyze complex internal and external data to understand drivers of trends and profitability.
• Provide support for state rate filings, including building and supporting the rate indications.
• Communicate effectively in writing and verbally to support business outcomes.
• Perform analyses to identify, test, and inform critical business decisions.
• Collaborate with Product, Claims, and Finance to get work done and collect helpful feedback that can be used to improve actuarial estimates.
• Monitor the competitive and regulatory environment for auto insurance, proactively identifying emerging threats to objectives and implementing solutions.

Qualifications

• Ability to utilize quantitative approaches to generate sound business analyses.
• Skill in gaining alignment on ideas through effective storytelling.
• Experience balancing multiple projects at once, with a focus on accuracy and efficiency.
• Experience developing and implementing new, creative, and effective solutions to highly complex business issues.
• Demonstrated problem-solving experience gained through related coursework and work experience.
• Ability to communicate effectively to both technical and non-technical audiences.
• Proficiency in Excel and coding skills (SQL, R, VBA, or Python).
• Commitment to achieving membership in the Casualty Actuarial Society; passing grades on at least 4 actuarial exams preferred.
• 2+ years in an actuarial role, preferably within auto or homeowners insurance.
• Bachelor’s or higher-level degree.

Pay

The pay range for this position is $69,000 to $90,500 annually. Actual compensation will vary based on multiple factors, including employee knowledge and experience, role scope, business needs, geographical location, and internal equity.

Benefits

• 4 weeks accrued paid time off + 9 paid national holidays per year.
• Free onsite gym at the Boston location.
• 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 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.