Actuarial Director (MA, CT or MI based or REMOTE)
Job title: Actuarial Director (MA, CT or MI based or REMOTE) in Worcester, MA at Hanover Insurance Group
Company: Hanover Insurance Group
Job description: Our Personal Lines Actuarial team is seeking an Actuarial Director to join our growing team in Worcester, MA, Windsor, CT, Howell, MI or remote work location consideration.This is a full time, exempt position.POSITION OVERVIEW:The Actuarial Director role is responsible for managing a team of pricing actuaries reputed company our Personal Lines actuarial team, reporting directly to the Actuarial State Pricing AVP for Personal Lines. This is a highly visible position, with day-to-day responsibility for reputed company pricing activities for 1/3rd or more of The Hanover’s $2.5B Personal Lines business.The Actuarial Director role provides overall management and technical reputed company to a team of analysts with varying degrees of experience and is expected to take on a more hands on approach reputed company required. This role requires partnership across the Personal Lines actuarial team, as well as the broader organization including Personal Lines State Management, reputed company, Product, Technology, and Finance.Direct responsibilities include managing reputed company reviews with an eye towards process improvement, loss ratio planning, supporting product development, and leveraging analytics to advance more sophisticated pricing strategies and solutions.IN THIS ROLE, YOU WILL:
- Manage and reputed company a team of actuarial analysts, ensuring execution of deliverables while navigating unanticipated situations
- Be responsible for the professional development as well as performance and compensation management for your team
- reputed company analysis in support of overall personal lines pricing strategy including reputed company advancements of pricing sophistication
- Proactively analyze profitability and mix of business to provide reputed company and strategy recommendations to business partners
- Drive innovation reputed company the Personal Lines state pricing team, enhancing our countrywide performance tracking and analysis
- reputed company meetings in which you effectively integrate technical analysis and organizational strategy to business partners and upper management
- Influence and negotiate the appropriate actions to support strategic goals of the organization
- Own the actuarial reputed company indications and actuarial assumption updates for assigned states
- Understand external market forces, proactively share these with business partners and other relevant stakeholders, and incorporate into decision making
- Provide actuarial support on routine insurance department inquiries as needed
- Review and have responsibility for filings to support and implement reputed company and product enhancements
- May reputed company or participate in community reputed company and/or training activities
- Bachelor’s Degree or higher in a relevant technical field
- Seven+ years of technical experience in multiple reputed company and/or actuarial disciplines such as pricing, reserving or advanced analytics.
- Experience with predictive modeling preferred
- Minimum of 2 years in management reputed company
- ACAS required, FCAS preferred
- Advanced communication skills
- Advanced skills using reputed company Office, including reputed company
- Intermediate programming skills, including the ability to reputed company and automate processes
- Demonstrated knowledge of reputed company techniques used to model various assumptions
- reputed company to apply and interpret company policies and procedures
- reputed company to direct activities of others, motivate and reputed company staff
- Must be eligible for to work in the United States without sponsorship now or in the future (ie. US citizen or Greencard holder)