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Actuarial Consultant- Rate Indications

Job in Webster, Worcester County, Massachusetts, 01570, USA
Listing for: Mapfre
Full Time position
Listed on 2025-12-20
Job specializations:
  • Insurance
    Risk Manager/Analyst, Actuary, Financial Analyst
  • Finance & Banking
    Risk Manager/Analyst, Actuary, Financial Analyst
Salary/Wage Range or Industry Benchmark: 100900 - 172000 USD Yearly USD 100900.00 172000.00 YEAR
Job Description & How to Apply Below

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We’re looking for a thoughtful, results-oriented actuary with strong expertise in personal lines filings to join our team and make a measurable impact. This role offers a unique blend of responsibilities: about half your time will be spent managing the filing process across multiple lines and jurisdictions, ensuring accuracy, compliance, and alignment with broader business goals.

The other half is dedicated to deeper analytical work—projects, process improvements, and strategic initiatives tailored to your interests and strengths.

You’ll thrive here if you enjoy working independently, diving into complex challenges, and contributing to the evolution of our products. Success in this role means balancing precision with curiosity—bringing both structure and creativity to your work in a collaborative, supportive environment.

Responsibilities
  • Own the end-to-end rate filing process for 11 states
    , including preparation of indications and supporting exhibits, and delivering timely, comprehensive responses to Department of Insurance (DOI) objections.

    Manage filings across multiple lines of business:
    Personal Auto, Homeowners, Umbrella, Commercial Auto, Business owners, and Commercial Multi-Peril & Package Products
    .
  • Serve as the Actuarial subject matter expert
    , partnering with business leaders to ensure compliance with regulatory requirements and filing timelines.
  • Apply advanced actuarial methodologies to drive accurate, strategic pricing decisions.
  • Champion continuous improvement by refining methodologies, streamlining workflows, and enhancing analytical precision.
  • Contribute to budgeting and financial planning
    , including evaluating the impact of reinsurance costs and terms on indications.
  • Provide leadership and support to the broader actuarial team through:
    • Quality assurance and peer review for consistency and accuracy.
    • Conducting state-specific deep-dive analyses.
    • Leading or collaborating on long-term, cross-functional initiatives that shape business strategy.
Experience / Qualifications
  • 7+ years of progressive experience in the Property & Casualty (P&C) industry
    .
  • ACAS or FCAS designation preferred
    .
  • Minimum 3 years of personal lines filing experience
    ; exposure to California or Washington filings is a plus.
  • Proven ability to manage multiple complex projects simultaneously and deliver results independently.
  • Demonstrated success in applying actuarial expertise to support business decisions and explore opportunities.
  • Exceptional prioritization and organizational skills, balancing competing demands while focusing on high-impact outcomes.
  • Strong communication skills with the ability to translate technical concepts for non-technical audiences.
Technical Proficiency
  • Intermediate-level expertise in Microsoft Excel
  • Comfortable modifying and working with pre-written SQL code
Pay Philosophy

The typical starting salary range for this role is determined by several factors including skills, experience, education, certifications, and location. Some roles at MAPFRE are eligible for commission and/or bonus earnings, in addition to salary, calculated based upon factors set forth in the compensation plan for the role.

Salary Range: $100,900 - $172,000

If you require an accommodation for a disability so that you may participate in the selection process, you are encouraged to contact the MAPFRE Insurance Talent Acquisition team at ta

We are proud to be an equal opportunity employer.

Nearest Major Market: Worcester
Job Segment: Accounting, Actuarial, Compliance, Recruiting, QA, Finance, Insurance, Legal, Human Resources, Quality

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