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Mercury Insurance

Manager – Actuarial Reserving

Mercury Insurance

Actuarial Reserving Manager at Mercury Insurance delivering insights for financial stability through P&C reserve analyses. Lead analyses and mentor the next generation of actuarial talent.

Posted 7/9/2026full-timeRemote • Alabama, Alaska, Arizona, Colorado, Connecticut, Florida, Hawaii, Idaho, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Montana, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming • 🇺🇸 United StatesMid-LevelSenior💰 $128,136 - $252,194 per yearWebsite

Tech Stack

Tools & technologies
SQL

About the role

Key responsibilities & impact
  • Lead quarterly and annual reserve analyses for multiple P&C lines of business.
  • Evaluate reserve adequacy and analyze loss development trends.
  • Prepare reserve recommendations and support statutory and management reporting.
  • Collaborate with external actuaries on reserve studies, actuarial reviews, and reporting requirements.
  • Partner with Claims, Underwriting, and Finance teams to identify emerging trends and assess business impacts.
  • Maintain and enhance reserving models, methodologies, and supporting documentation.
  • Train and mentor Financial Analysts on actuarial reserving techniques and best practices.
  • Support audits, regulatory reviews, and actuarial reporting requirements.
  • Identify opportunities for process improvement and automation within the reserving function.

Requirements

What you’ll need
  • Minimum: Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or related field.
  • Preferred: ACAS, FCAS, or progress toward actuarial designation preferred.
  • Minimum: 5+ years of P&C actuarial or reserving experience.
  • Strong understanding of P&C loss reserving methods and financial reporting.
  • Proficiency in actuarial and analytical tools, including Excel, SQL, and WTW ResQ.
  • Strong analytical skills with the ability to evaluate complex loss development data and reserve adequacy.
  • Effective written and verbal communication skills, including the ability to present findings to Finance and executive leadership.
  • Leadership and mentoring skills with the ability to develop and guide analytical staff.
  • Ability to exercise independent judgment on matters of significance.
  • Collaborative approach to working across cross-functional teams and with external partners.

Benefits

Comp & perks
  • Competitive compensation
  • Flexibility to work from anywhere in the United States for most positions
  • Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours)
  • Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus)
  • Medical, dental, vision, life, and pet insurance
  • 401 (k) retirement savings plan with company match
  • Engaging work environment
  • Promotional opportunities
  • Education assistance
  • Professional and personal development opportunities
  • Company recognition program
  • Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools
Actuarial AnalysisReserve Adequacy EvaluationLoss Development Trend AnalysisStatutory ReportingReserving Model Maintenance
Soft Skills
Effective CommunicationCollaborative ApproachIndependent Judgment
Certifications
Bachelor’s Degree in Actuarial ScienceACASFCAS