Under the supervision of the company Actuary and Chief Actuary, the person selected for this Actuarial Position will carry out project assignments and duties in connection with commercial and private passenger automobile rate filings and filing-supportive analyses. This person will continue to work towards their actuarial credentials with the Casualty Actuarial Society in a supportive environment.
Complete complex projects originating from the preparation of rate related filings and implementation of rate revisions under minimal supervision.
Undertake complex research projects under minimal supervision.
Develop appropriate computer applications and predictive models as needed for rate related and other research projects.
Respond to member company inquiries concerning rates and their calculation.
Assist in training, direction and supervision of actuarial department staff.
Perform other actuarial department duties under minimal supervision.
Bachelor’s Degree in a mathematically-oriented program. Four to five CAS actuarial exams passed.
Minimum of four years of property-casualty insurance experience (emphasis on automobile insurance ratemaking preferred)
Experience with predictive analytics, including planning, data preparation, modeling, and testing of models.
Computer spreadsheet and database querying skills.
Strong interpersonal and written and oral communication skills. Ability to communicate complex actuarial results to non-technical parties.
Strong organizational skills and ability to manage multiple projects simultaneously.
About Automobile Insurers Bureau of Massachusetts
The Automobile Insurers Bureau (AIB) is a non-profit insurance services organization. We have been the automobile insurance industry’s service bureau in Massachusetts since 1925, offering support for rates, rules and forms as well as actuarial and legal services for private passenger and commercial auto insurance.
At the AIB, we offer competitive salaries, an excellent benefits package including health, dental, life insurance, 401(k) Plan, Flexible Spending Account and Tuition Reimbursement.