Actuarial Analyst (Hybrid)

Internal candidates are encouraged to apply and should review the internal mobility guidelines in the hybrid policy reference guide for more information. Relocation support is offered for eligible candidates.

About the role

Supports actuarial pricing and ratemaking activities for an assigned line of business. Analyzes loss, premium, and expense experience using actuarial and statistical techniques to inform rate indications, pricing decisions, and portfolio monitoring. Assists in building and maintaining models and tools that help the business develop consistent, sound, and competitive pricing. This is a hybrid role; you will be expected to work a minimum of 10 days per month from one of the following office locations: Madison, WI 53783 or Boston, MA 02110.

Responsibilities

• Conducts experience analyses (loss, premium, and expense) and summarizes findings to support pricing strategy and business decisions.
• Supports competitive and market analysis; helps identify trends, impacts, and opportunities.
• Assists with actuarial modeling to quantify risk and evaluate pricing alternatives (e.g., indications, relativities, scenario/sensitivity testing).
• Provides technical support for rate filings with state insurance departments, including documentation and responses to regulatory questions.
• Supports the rate review process by preparing analyses and materials for pricing meetings and stakeholder discussions.
• Assists in the development, enhancement, and maintenance of pricing tools, templates, and reporting.
• Assists with pricing analyses for new products and coverage enhancements.

Requirements

• Demonstrated experience providing customer-driven solutions, support, or service.
• Basic understanding of property & casualty insurance products, pricing/rates, and industry trends.
• Basic understanding of underwriting guidelines and concepts.
• Demonstrated experience performing statistical/actuarial analysis, forecasting, and modeling.
• Proficiency in Excel; working knowledge of at least one programming or query language (e.g., SQL/SAS, Python, R, VBA).
• Pursuing Associate or Fellow of the Casualty Actuarial Society (ACAS/FCAS), with demonstrated exam progress.

Preferred Qualifications

• Prior actuarial experience.

Pay

Position compensation range: $62,000.00 - $103,000.00 (salary). Compensation may vary based on job level and geographic work location.

Benefits

• Comprehensive medical, dental, and vision benefits.
• Wellbeing benefits that support physical, emotional, and financial health.
• Competitive 401(k) contribution and pension plan.
• Annual incentive program.
• 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees).
• Student loan repayment program.
• Paid-family leave.

Additional Information

All employees participate in New Employee Orientation during their first week, held in person at Madison, WI Headquarters or one of our core locations. The offer to the selected candidate will be contingent on the results of applicable background checks and signing a non-disclosure agreement for proprietary information, trade secrets, and inventions. Sponsorship is not available for this position.