Actuary II

MAPFRE

Actuary II delivering actuarial analyses aligned with CAS principles at Mapfre. Leading pricing strategy and collaborating with stakeholders to improve business performance and profitability.

Posted 5/11/2026full-timeWebster • Massachusetts • 🇺🇸 United StatesMid-LevelSenior💰 $77,700 - $117,900 per yearWebsite

Tech Stack

Tools & technologies

SQL

About the role

Key responsibilities & impact

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

Requirements

What you’ll need

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

Benefits

Comp & perks

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

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

actuarial analysisSQLquantitative analysisdata manipulationdata analysispricing evaluationforecastingmethodological improvementsprocess improvementsactuarial techniques

Soft Skills

communicationrelationship buildingmentorshipindependenceaccountabilityorganizational skillsanalytical thinkingleadershipcollaborationproblem-solving

Certifications

ACAS designationCAS exams