Actuarial Analyst; Hybrid to MA or REMOTE
New Bedford, Bristol County, Massachusetts, 02746, USA
Listed on 2026-06-30
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Finance & Banking
Financial Analyst, Actuary, Risk Manager/Analyst -
Insurance
Financial Analyst, Actuary, Risk Manager/Analyst, Insurance Analyst
Position Overview
The Actuarial Analyst role within the Personal Lines Actuarial state pricing team supports analysis of results for all personal lines of business in 1-3 states. The team handles roughly $2.5B in annual earned premium.
What You Will Do- Acquire knowledge of basic actuarial concepts and methods pertinent to area of actuarial focus
- Obtain proficiency in the various software applications required to perform daily work
- Become comfortable with company data structure and definitions
- Compile and categorize data and prepare exhibits
- Prepare and assist in the preparation of system specifications to implement required rate actions
- Maintain rules and rating factors according to a rate review schedule, loss development analysis and pricing models to produce more accurate and better segmented individual risk pricing
- Provide actuarial support on routine insurance department inquiries as needed
- Effectively communicate technical analysis to business partners and upper management
- Build relationships within and across functional areas
- Collaborate effectively with team members and business partners in the completion of tasks
- Bachelor’s Degree
- Zero to two years of experience in the actuarial or related discipline
- One or more Casualty Actuarial Exams
- Experience with modeling, coding, and using Microsoft Office and Excel preferred
- Understanding of fundamental analytical concepts, practices and procedures
- Familiarity with external agencies that influence core actuarial discipline
- Ability to perform assigned tasks using established procedures and work under immediate supervision
- Awareness of unusual situations and referral to more experienced team members
- Openness to learning and expanding knowledge base
- Analytical thinking skills
- Teamwork skills
- Thoroughness and attention to detail
- Medical, dental, vision, life, and disability insurance
- 401(k) with a company match
- Tuition reimbursement
- Paid time off (PTO)
- Company paid holidays
- Flexible work arrangements
- Cultural Awareness Day in support of IDE
- On-site medical/wellness center (Worcester only)
The target hiring range for this role may vary based on geographic location and other factors. Additional compensation may include an annual bonus, long-term incentive or spot recognition awards. The posted range reflects our ability to hire at different position titles and levels depending on background and experience.
EEO StatementThe Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.
Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law. As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities.
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