Actuarial Director or Manager (REMOTE OR MA)

The Hanover Insurance Group
Worcester, MA
Category Finance
Remote
Job Description
The Profitability (REPLAY) Team Director role is responsible for managing a team of actuaries focused on profitability oversight through loss and premium analytics of the Personal Lines of business, as well as being expected to complete their own hands-on assignments.

Requirements

  • Manage and lead a team of actuarial analysts, ensuring technical execution of deliverables alongside personal growth of entire team
  • Forecast and monitor frequency and severity projections combining internal data, industry data, and macro-economic benchmarks
  • Use technical actuarial pricing methods to develop and communicate semi-annual rate indications including premium trend assumption updates
  • Project ultimate loss results for usage in Personal Lines Pricing decision including tracking of IBNR development against actual emergence
  • Effectively communicate technical analysis to business partners and executive leadership
  • Collaborate with business partners including Actuarial State Pricing team in strategy and profitability analyses
  • Build efficiencies and improvements into existing processes
  • May lead or participate in community training activity

Benefits

  • 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)
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