Associate Actuary

Hastings Insurance Company

Associate Actuary at Hastings Insurance supporting commercial lines pricing and profitability analysis. Leading actuarial projects and collaborating with multi-disciplinary teams to enhance profitability.

Posted 6/23/2026full-timeHastings • Illinois, Missouri, Ohio, Wisconsin • 🇺🇸 United StatesJuniorMid-LevelWebsite

Tech Stack

Tools & technologies

C++

About the role

Key responsibilities & impact

Help shape the profitability and growth of Hastings Insurance's Commercial Lines portfolio
Lead actuarial projects supporting commercial lines pricing, profitability analysis, loss reserving, and strategic business initiatives
Design and manage actuarial analyses utilizing accepted actuarial standards and methodologies
Analyze product performance and identify opportunities to improve profitability, growth, and retention across commercial lines products
Develop pricing recommendations and strategies that support business objectives and underwriting profitability
Lead assigned actuarial projects as an experienced individual contributor, with support from actuarial analysts
Provide technical direction, review, and coaching on analyst-supported work
Conduct first-pass quarterly reserve reviews, rate indications, product profitability studies, and other strategic actuarial analyses
Partner with Product, Underwriting, Claims, Finance, and other business stakeholders to identify trends, evaluate performance drivers, and support decision making
Research market trends, product innovations, and competitive developments within the commercial insurance marketplace
Communicate actuarial rationale, business tradeoffs, and implementation considerations to leadership and key stakeholders
Partner with Product, IT, and implementation teams to ensure actuarial pricing changes are accurately translated into rating systems and business processes
Assist external actuarial consultants with pricing reviews and other actuarial initiatives as needed
Evaluate existing processes and recommend improvements that enhance efficiency, accuracy, and business value
Design and execute actuarial analyses and projects with minimal supervision

Requirements

What you’ll need

Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field, or an equivalent combination of education and experience
Minimum of five years of actuarial experience
Associate of the Casualty Actuarial Society (ACAS) designation required
Commercial lines pricing and/or reserving experience required
Demonstrated ability to independently design actuarial analyses, interpret results, and develop recommendations
Advanced mathematical, statistical, and analytical skills
Experience evaluating large data sets and translating findings into actionable business recommendations
Strong understanding of insurance products, rating methodologies, profitability analysis, and reserving concepts
Advanced knowledge of data sources, research methodologies, and analytical tools
Excellent verbal and written communication skills, including the ability to present technical concepts to business audiences
Strong organizational, project management, and decision-making skills
Experience working effectively in a collaborative team environment
Experience with commercial auto, workers compensation, commercial property, general liability, BOP/CPP, umbrella, or similar commercial lines products preferred
Familiarity with multivariate modeling, predictive analytics, or other advanced actuarial techniques preferred

Benefits

Comp & perks

401(k) with company matching contributions
Generous vacation and sick leave
Fully paid tuition and professional development reimbursement
Incentive compensation bonus opportunities

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

actuarial analysiscommercial lines pricingloss reservingprofitability analysisdata evaluationmultivariate modelingpredictive analyticsstatistical analysismathematical skillsanalytical skills

Soft Skills

communication skillsorganizational skillsproject managementdecision-making skillscollaborative teamworkindependent workcoachingtechnical directionpresentation skillsbusiness acumen

Certifications

Bachelor's degree in Actuarial ScienceAssociate of the Casualty Actuarial Society (ACAS)