Senior Actuary

Accountabilities

• Evaluate loss ratios, rate adequacy, and underwriting performance to identify opportunities for portfolio improvement.
• Analyze profitability and rate adequacy at the segment, coverage and portfolio levels.
• Develop underlying actuarial assumptions including loss trend, loss development patterns and large loss loads.
• Collaborate with underwriting leadership to develop and monitor execution of underwriting strategies.
• Continuously evaluate pricing adequacy and recommend adjustments based on emerging trends, market conditions and portfolio performance.
• Present actuarial insights to underwriting leadership and other key stakeholders, translating technical analysis into actionable business decisions.
• Support management reporting on portfolio performance, profitability and key risk drivers.
• Partner with underwriting to provide actuarial insights that support sound underwriting decisions.
• Perform actuarial pricing analyses to support account level new business and renewal decisions.
• Aid in the development, maintenance, and enhancement of pricing models and rating tools.
• Determine appropriate pricing guidance for large accounts, group business and programs.
• Communicate pricing assumptions, methodologies, and recommendations to key underwriting stakeholders.

Qualifications

• At least 5 years of actuarial experience in property & casualty insurance.
• FCAS preferred, ACAS considered with clear progress towards attaining fellowship.
• Experience collaborating with underwriting, performing pricing analysis, and communicating actuarial concepts to non-actuarial stakeholders.
• Strong analytical thinking and quantitative skills.
• Experience working with large datasets, data warehouses, or modern analytical data platforms.
• Experience programming in SQL, Python, R, or similar analytical languages preferred.
• Strong communication and collaboration skills.

Pay Range

Pay Range: Anticipated Hiring Range: $120,000 - $175,000 annual base salary depending on experience, qualifications, and geographic location.

Benefits

We are proud to offer our full-time regular employees a robust benefits suite that includes:

• Competitive base salary plus incentive plans for eligible team members
• 401(K) retirement plan that includes a company match of up to 6% of your eligible salary
• Free basic life and AD&D, long-term disability and short-term disability insurance
• Medical, dental and vision plans to meet your unique healthcare needs
• Wellness incentives
• Generous time off program that includes personal, holiday and volunteer paid time off
• Flexible work schedules and hybrid/remote options for eligible positions
• Educational assistance

Equal Opportunity Employer

The Mutual Group is an Equal Opportunity Employer. It is our policy to recruit, hire, train and promote individuals in all job classifications without regard to race, color, religion, sex, national origin, age, veteran status, disability, sexual orientation, gender identity or any other characteristic protected by law.