Actuarial Consultant - Personal Lines (FULLY REMOTE) Job at The Hanover Insurance Group
For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, ESG initiatives and IDE journey.
Our Personal Lines Actuarial team is seeking an Actuarial Consultant (*or similar) to join our growing team in Worcester, MA Corporate Headquarters, or remote work location.
The Actuarial Consultant role within the Personal Lines Actuarial auto countrywide pricing team supports the execution of enhancing the auto pricing model (generalized linear model), keeping it state of the art. This team focuses on the home line of business comprising roughly $600M in annual earned premium.
As an Actuarial Consultant, you will independently complete routine actuarial processes with limited supervision. With direction, you will prepare descriptive analysis and may participate on advanced analytics projects. You will demonstrate understanding of actuarial concepts and may provide guidance to Actuarial Analysts in the fulfillment of their duties. All of this while actively pursuing your professional actuarial designation with the support of our Actuarial program.
This is a Full-time, Exempt role.
IN THIS ROLE, YOU WILL:
It’s not just a job, it’s a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you – at every level – to grow and develop.
BENEFITS:
We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you’ll enjoy what you do and have the support you need to succeed.
Benefits include:
The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.
Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.”
As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at: HRServices@hanover.com and include the link of the job posting in which you are interested.
Privacy Policy:
To view our privacy policy and online privacy statement, click here.
Applicants who are California residents: To see the types of information we may collect from applicants and employees and how we use it, please click here.
Please Note :
blog.nvalabs.org is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, blog.nvalabs.org provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.
Our Personal Lines Actuarial team is seeking an Actuarial Consultant (*or similar) to join our growing team in Worcester, MA Corporate Headquarters, or remote work location.
- open to various levels
The Actuarial Consultant role within the Personal Lines Actuarial auto countrywide pricing team supports the execution of enhancing the auto pricing model (generalized linear model), keeping it state of the art. This team focuses on the home line of business comprising roughly $600M in annual earned premium.
As an Actuarial Consultant, you will independently complete routine actuarial processes with limited supervision. With direction, you will prepare descriptive analysis and may participate on advanced analytics projects. You will demonstrate understanding of actuarial concepts and may provide guidance to Actuarial Analysts in the fulfillment of their duties. All of this while actively pursuing your professional actuarial designation with the support of our Actuarial program.
This is a Full-time, Exempt role.
IN THIS ROLE, YOU WILL:
- Assist in the semi-annual update of the auto generalized linear model (GLM) by-coverage pricing model for use in rating across all states
- Understand the inputs and outputs of your models and work product
- Assess vendor products through completion of a cost-benefit analysis to determine their potential impact in the auto GLM
- Independently complete ad-hoc work aimed to provide a business insight into an emerging home related issue
- Effectively communicate technical analysis to business partners and upper management
- Incorporate industry and other external benchmarks into analysis
- Build efficiencies and improvements into existing processes
- Collaborate with members of the Personal Lines Actuarial home countrywide pricing team to ensure modeling approach consistency and promote knowledge sharing
- Provide actuarial support on routine insurance department inquiries related to GLM filings as needed
- Become familiar with The Hanover and Personal Lines specific strategy
- Build relationships within and across functional areas
- Collaborate effectively with team members and business partners in the completion of tasks
- Develop leadership skills and provide coaching, mentoring, and/or technical guidance to junior team members
- Bachelor’s Degree
- Three to five years of experience in core discipline
- Four or more Casualty Actuarial Exams
- Advanced skills using Microsoft Office, including Excel.
- Possesses intermediate programming skills (SQL, R, Excel VBA).
- Possesses a detailed understanding of the data sources used within the core discipline.
- Understands fundamental concepts, practices, and procedures relevant to core actuarial discipline.
- Applies project management skills to schedule, organize and complete assigned tasks accurately and on time.
- Openness to Learning - Expands knowledge base through traditional and non-traditional education to improve personal skills and abilities.
- Analytical Thinking - Applies analytical techniques, e.g., separating a complex whole into its parts or elements to resolve problems or issues.
- Teamwork - Fosters an environment where individuals collaborate in pursuit of a common goal internally and externally to the team.
- Thoroughness - Demonstrates careful attention to detail keeps tasks and responsibilities clearly defined, on schedule, and error-free carries tasks, assignments, etc., through to completion.
- Information Seeking - Thoroughly investigates and researches multiple sources to expose details and complete information about resources, issues, problems, and so forth. Conducts in-depth research, asks probing questions, and transcends surface issues.
- Communication for Results - Expresses technical and business concepts, ideas, feelings, opinions, and conclusions, so that others understand or are persuaded to act creates an environment that encourages and values the opinions of others and promotes sharing of information and ideas. Promotes and encourages people to speak up.
It’s not just a job, it’s a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you – at every level – to grow and develop.
BENEFITS:
We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you’ll enjoy what you do and have the support you need to succeed.
Benefits include:
- Medical, dental, vision, life, and disability insurance
- 401K with a company match
- Tuition reimbursement
- PTO
- Company paid holidays
- Flexible work arrangements
- Cultural Awareness Day in support of IDE
- On-site medical/wellness center (Worcester only)
- Click here for the full list of Benefits
The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.
Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.”
As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at: HRServices@hanover.com and include the link of the job posting in which you are interested.
Privacy Policy:
To view our privacy policy and online privacy statement, click here.
Applicants who are California residents: To see the types of information we may collect from applicants and employees and how we use it, please click here.
Please Note :
blog.nvalabs.org is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, blog.nvalabs.org provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.