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Actuary II - State Pricing

MAPFRE Insurance • Webster, MA • 17h ago

Date: May 11, 2026

Location:

Webster, MA, US

Company: MAPFRE

Summary

Our Actuarial team is seeking a highly motivated, business-minded professional with a strong track record of generating and implementing innovative ideas. This individual will play a key role in delivering high-impact actuarial analyses aligned with Casualty Actuarial Society (CAS) principles.

In this role, you will serve as a lead analyst supporting our actuarial state pricing team, partnering closely with cross-functional stakeholders to identify business challenges, analyzing underlying drivers, and deliver actionable recommendations that improve overall business performance and profitability.

This is a high-visibility, high-impact opportunity where your work directly influences pricing strategy and business outcomes. You'll collaborate with a talented, collaborative team, contribute to meaningful innovation, and continue advancing your actuarial career in a growth-oriented environment that supports professional development and CAS credential progression.

What You'll Do

Build deep expertise in personal lines auto, homeowners, and/or commercial lines insurance products

Lead and support actuarial analyses for rate changes and strategic initiatives, including:

Evaluating pricing for new and existing rating elements and coverages

Quantifying top-line and bottom-line impacts of both rate and non-rate actions

Assessing and forecasting the effects of product, market, and economic changes on profitability and rate adequacy

Apply data-driven decision-making while leveraging sound actuarial judgment

Utilize strong technical skills (particularly SQL) to efficiently retrieve, manipulate, and analyze data across multiple sources

Work independently with a high degree of accountability, including performing reasonability checks to ensure data accuracy and integrity

Clearly communicate analytical findings, insights, and recommendations to peers, business partners, and senior leadership

Build and maintain strong relationships with cross-functional stakeholders

Identify opportunities and recommend/implement process and methodological improvements

Provide mentorship, training, and guidance to less experienced team members

Actively pursue actuarial credentialing through the CAS pathway, progressing toward ACAS designation

What You'll Bring

3-5 years of actuarial experience or equivalent related expertise

Progress toward actuarial credentialing with 3-5 CAS exams completed

Bachelor's degree in a relevant discipline OR equivalent professional-level knowledge in a specialized field combined with related experience

Proven experience conducting intermediate-level quantitative analyses

Strong foundation in actuarial, analytical, and coding techniques

Demonstrated ability to effectively communicate with business partners and senior leadership

Experience contributing to or implementing methodology and process improvements

Ability to independently complete intermediate analyses, with exposure to more complex projects under managerial guidance

Strong organizational skills with the ability to manage multiple workstreams and recommend prioritization of tasks

Why Mapfre?

As a global insurance leader with a strong local presence, we offer more than a job - we provide a purpose-driven career where your growth, well-being, and impact truly matter

Purpose & Culture : Join a company built on trust, collaboration, and inclusion. Our values guide everything we do, creating a workplace where people feel respected and empowered

Comprehensive Benefits : Enjoy competitive health coverage, retirement plans, paid time off, flexible work options, and lifestyle perks like employee discounts

Career Growth: Advance your skills through tuition reimbursement, leadership programs, and internal mobility opportunities. Your development is our priority

Social Responsibility : Contribute to meaningful initiatives through Fundación Mapfre, supporting communities and sustainability worldwide

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 $$77,700 - $117,900

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 talentacquisition@mapfreusa.com.

We are proud to be an equal opportunity employer.

Nearest Major Market: Worcester

Job Segment: Accounting, Actuarial, Pricing, Recruiting, SQL, Finance, Insurance, Operations, Human Resources, Technology

Apply now »

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