Associate Actuary

Responsibilities

• Help shape the profitability and growth of Hastings Insurance's Commercial Lines portfolio
• Lead actuarial projects supporting commercial lines pricing, profitability analysis, loss reserving, and strategic business initiatives
• Design and manage actuarial analyses utilizing accepted actuarial standards and methodologies
• Analyze product performance and identify opportunities to improve profitability, growth, and retention across commercial lines products
• Develop pricing recommendations and strategies that support business objectives and underwriting profitability
• Lead assigned actuarial projects as an experienced individual contributor, with support from actuarial analysts
• Provide technical direction, review, and coaching on analyst-supported work
• Conduct first-pass quarterly reserve reviews, rate indications, product profitability studies, and other strategic actuarial analyses
• Partner with Product, Underwriting, Claims, Finance, and other business stakeholders to identify trends, evaluate performance drivers, and support decision making
• Research market trends, product innovations, and competitive developments within the commercial insurance marketplace
• Communicate actuarial rationale, business tradeoffs, and implementation considerations to leadership and key stakeholders
• Partner with Product, IT, and implementation teams to ensure actuarial pricing changes are accurately translated into rating systems and business processes
• Assist external actuarial consultants with pricing reviews and other actuarial initiatives as needed
• Evaluate existing processes and recommend improvements that enhance efficiency, accuracy, and business value
• Design and execute actuarial analyses and projects with minimal supervision

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field, or an equivalent combination of education and experience
• Minimum of five years of actuarial experience
• Associate of the Casualty Actuarial Society (ACAS) designation required
• Commercial lines pricing and/or reserving experience required
• Demonstrated ability to independently design actuarial analyses, interpret results, and develop recommendations
• Advanced mathematical, statistical, and analytical skills
• Experience evaluating large data sets and translating findings into actionable business recommendations
• Strong understanding of insurance products, rating methodologies, profitability analysis, and reserving concepts
• Advanced knowledge of data sources, research methodologies, and analytical tools
• Excellent verbal and written communication skills, including the ability to present technical concepts to business audiences
• Strong organizational, project management, and decision‑making skills
• Experience working effectively in a collaborative team environment
• Experience with commercial auto, workers compensation, commercial property, general liability, BOP/CPP, umbrella, or similar commercial lines products preferred
• Familiarity with multivariate modeling, predictive analytics, or other advanced actuarial techniques preferred