Actuarial Analyst

Company: Plymouth Rock Assurance
Location: Quincy
Posted on: November 19, 2022

Job Description:

Overview:The Plymouth Rock Home team is a start-up within a well-established insurance company. Our @home product is easy to buy and full of the features our independent agents want to sell and people need to protect the things they value most. Our product is available in six states and is growing 3x the industry.The Boston-based Home Product team is seeking a self-motivated and creative actuarial analyst with a strong desire to leverage their actuarial knowledge to help solve practical business problems.You will---Perform business analyses to identify, test, and inform critical business decisionsProvide actuarial support for state filings for rate and other new initiativesCommunicate effectively with external regulators in writing and verbally, to support business outcomesServe as a regulatory expert, providing a thorough understanding of our products and endorsementsMonitor the competitive, legislative, and regulatory environment for homeowners insurance, proactively identifying emerging threats to our objectives and implementing solutionsCollaborate with IT, Claims, and Actuarial to get work done and collect helpful feedback that can be used to improve product retention and profitabilityYou know---How insurance pricing works and how to get things approved by state regulatorsHow to leverage predictive models and other quantitative concepts to improve pricing sophisticationHow to utilize quantitative approaches to generate sound business analysesHow to gain alignment on your ideas through effective storytellingHow to balance multiple projects at once, with a focus on accuracy and efficiencySolid understanding of casualty actuarial techniques, standards, and assumptions You have---2+ years of actuarial experience, preferably in a ratemaking or product management roleExperience developing and implementing new, creative and effective solutions to highly complex business issuesProficiency in Excel and data querying skillsAbility to communicate effectively to both technical and non-technical audiencesACAS or near-ACAS with recent success at passing exams and desire to achieve ACASBachelors or higher-level degree preferredThis is a ranged posting, the analyst level will be determined based on your background and experience.About the CompanyThe Plymouth Rock Company and its affiliated group of companies write and manage over $1.4 billion in personal and commercial auto and homeowner's insurance throughout the Northeast and mid-Atlantic, where we have built an unparalleled reputation for service. We continuously invest in technology, our employees thrive in our empowering environment, and our customers are among the most loyal in the industry. The Plymouth Rock group of companies employs more than 1,800 people and is headquartered in Boston, Massachusetts. Plymouth Rock Assurance Corporation holds an A.M. Best rating of "A-/Excellent".We believe that every person is entitled to equal employment opportunities. We do not discriminate against any employee or qualified applicant for employment on the basis of age, race, color, religion, national origin, ancestry, disability, gender, sexual orientation, gender identity or expression or genetic information. In addition, the state in which you work may protect certain other characteristics. We are committed to treating employees fairly and with dignity and respect, and we unconditionally prohibit discrimination in hiring, terminating, promoting, or compensating any employee on the basis of a qualified individual's membership in any of these protected classes

Keywords: Plymouth Rock Assurance, Quincy , Actuarial Analyst, Professions , Quincy, Massachusetts