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Senior Actuarial Analyst: AI-Driven Pricing & Insights

Job in Dedham, Norfolk County, Massachusetts, 02026, USA
Listing for: Norfolk & Dedham Insurance
Full Time position
Listed on 2026-06-16
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Analyst, Data Scientist, Actuary
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

Responsibilities include, but are not limited to:

Drive Pricing Excellence

  • Perform rate reviews by state and line of business, including rate indications, disruption analyses, and state filing exhibits
  • Build and implement predictive models to enhance pricing sophistication
  • Research competitor pricing, industry trends, and emerging risk dynamics

Modernize Analytical Workflows

  • Thoughtfully apply AI-enabled tools to accelerate analysis, documentation, and insight generation (e.g. exploratory analysis, code prototyping, model diagnostics, and communication)
  • Apply machine learning techniques for pricing refinement
  • Streamline data preparation and analysis through automation
  • Identify opportunities to eliminate manual processes and improve speed-to-insight
  • Solve Complex Business Problems
  • Investigate open-ended questions from senior management
  • Translate findings into clear, actionable recommendations
  • Analyze how shifts in mix of business affect profitability
  • Evaluate drivers of performance deterioration in specific segments
  • Assess financial impact of reserving or reinsurance changes

Broaden Your Impact

  • Support reserving and reinsurance pricing and renewals
  • Communicate methodologies and results to technical and non-technical audiences
  • Stay current on industry developments and proactively share insights
  • Take ownership of improving processes and strengthening analytical capabilities

Qualifications

  • Bachelor’s degree
  • 4–5 years of progressively responsible actuarial experience in property & casualty insurance
  • Demonstrated ability to independently scope, execute, and communicate actuarial analyses with limited direction
  • Completion of approximately 4–5 actuarial exams (progress welcomed but not the primary driver of advancement)
  • Effective interpersonal and communication skills, both verbal and written.
  • Ability to manage multiple tasks and work under pressure to meet deadlines.
  • Collaborative with a customer-service mindset.

Technical Skills

  • Strong Excel skills required
  • Experience automating analytical workflows (VBA, Python, or similar scripting tools)
  • Experience with SQL, R, and/or Python preferred
  • Demonstrated interest in experimenting with and applying new tools — including AI-enabled analytics — to real business problems

Core Strengths

  • Strong background in mathematics and statistics
  • Sound business and financial judgment
  • Clear written and verbal communication skills
  • Ability to balance multiple projects and prioritize effectively
  • Ability to translate complex quantitative analysis into clear business implications
  • Comfort working both independently and collaborative
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Position Requirements
10+ Years work experience
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