Actuarial Analyst I

About the Role

Primarily responsible for providing support to Actuaries, Senior Actuaries, and the Product Management team by pulling data, compiling data for filing and reporting Geo-Salary Information. An in-person interview may be required during the hiring process.

Responsibilities

• Collaborate with the Product Management team to meet profit and growth objectives for assigned PPA lines of business.
• Provide insight of collected data to help make informed decisions specific to assigned product lines.
• Collect and compile statistical data for additional analysis.
• Participate in programming, preparation, and interpretation of actuarial reports.
• Participate in projects involving product development or financial management.
• Explain proposals and findings to various parties, from company executives to the Department of Insurance.
• Develop new ideas that improve the department's performance.
• Provide meaningful reports to senior management to further promote understanding of the assigned PPA line.
• Support the actuary team with the state filing process, presenting evidence to justify rate changes submitted to the Department of Insurance.
• Provide support for the Pricing Workstation expansion, modifying the existing workbook by adding more features for various product lines.
• Regular attendance at work on a full-time schedule of at least 8 hours and 40 hours per week.
• Other functions may be assigned.

Requirements

• Bachelor's Degree required, preferably with a major in either math, actuarial science, finance, economics, or other quantitative fields.
• Completion of the Summer 2026 Internship at Mercury Insurance.
• Completion of a minimum of 2 Actuarial exams.

Pay

State specific pay scales for this role are as follows:

• $63,410 to $117,348 (NJ, NY, WA, HI, AK, MD, CT, RI, MA)
• $57,646 to $106,680 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)
• $51,881 to $96,012 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)
• In CA: Typical hiring range is $81,341 to $112,974.

The expected base salary for this position will vary depending on relevant experience, skills, and location.

About the Company

At Mercury, we have been guided by our purpose to help people reduce risk and overcome unexpected events for more than 60 years. We are one team with a common goal to help others. Everyone needs insurance and we can’t imagine a world without it. Our team will encourage you to grow, make time to have fun, and work together to make great things happen. We embrace the strengths and values of each team member. We believe in having diverse perspectives where everyone is included, to serve customers from all walks of life.

Benefits

• Competitive compensation.
• Flexibility to work from anywhere in the United States for most positions.
• Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours).
• Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus).
• Medical, dental, vision, life, and pet insurance.
• 401(k) retirement savings plan with company match.
• Engaging work environment.
• Promotional opportunities.
• Education assistance.
• Professional and personal development opportunities.
• Company recognition program.
• Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more.