Senior Actuarial Analyst
Norfolk & Dedham Insurance, Dedham, MA, United States
Description
Job Details
Responsibilities include, but are not limited to:
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
Work Model & Environment This role follows a hybrid schedule, with in-office collaboration on Tuesdays and Thursdays. Our actuarial team values in-person problem solving and mentorship, while also supporting focused, independent work time. We operate in a high-trust environment where strong ideas are heard and good analysis drives decisions. Our headquarters is located in Dedham, MA in a state-of-the‑art facility completed in 2022, featuring a complimentary on‑site café, fitness center, and free parking.
Why Join Us?
Direct exposure to senior leadership
Broad actuarial experience across pricing, reserving, and reinsurance
Opportunity to modernize workflows and shape analytical strategy
Stable mutual company with long-term perspective
Collaborative team that values initiative and ownership
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Responsibilities include, but are not limited to:
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
Work Model & Environment This role follows a hybrid schedule, with in-office collaboration on Tuesdays and Thursdays. Our actuarial team values in-person problem solving and mentorship, while also supporting focused, independent work time. We operate in a high-trust environment where strong ideas are heard and good analysis drives decisions. Our headquarters is located in Dedham, MA in a state-of-the‑art facility completed in 2022, featuring a complimentary on‑site café, fitness center, and free parking.
Why Join Us?
Direct exposure to senior leadership
Broad actuarial experience across pricing, reserving, and reinsurance
Opportunity to modernize workflows and shape analytical strategy
Stable mutual company with long-term perspective
Collaborative team that values initiative and ownership
#J-18808-Ljbffr