Actuarial Analyst, Actuarial Development Program
The Actuarial Analyst in the Actuarial Development Program at Confidential Client will lead actuarial work for the newly launched Pet Insurance line, performing rate indications, product performance analysis, and regulatory support. This role involves collaborating with stakeholders, driving profitable growth, and developing expertise through rotational assignments while progressing toward actuarial certification. The position requires strong analytical, communication, and actuarial skills to support crossline initiatives and contribute to the Specialty Economics organization.
About Careertakes
👉 Important disclosure: Careertakes is a third-party recruiting platform supporting this hiring process. If selected, you will be employed directly by our client, Accounting & Finance.
Applicants for this role may also receive access to additional matched opportunities through the Careertakes platform.
What You’ll Do
This Actuarial Analyst role is part of a rotational Actuarial Development Program and will be focused on supporting and leading actuarial work for a newly launched Pet Insurance product line. You will provide pricing and analytical support, create rate indications and filings, monitor product performance, and help shape product and pricing strategy. You will work with stakeholders across the business and collaborate on crossline initiatives in the Specialty Economics organization.
Key Responsibilities
- Maintain active status in the Actuarial Development Program and complete assigned rotations.
- Produce actuarial rate-level indications for pet insurance products.
- Research and identify performance drivers and trends; develop actionable rate and non-rate recommendations to improve profitability and growth.
- Prepare and support actuarial rate filings and other regulatory submissions for pet insurance.
- Develop line-of-business subject matter expertise and deliver robust profitability analyses reflecting current trends and initiatives.
- Communicate findings, recommendations, and implications clearly to stakeholders across the organization.
- Build effective stakeholder relationships and influence decisions on product and pricing strategy.
- Retrieve, clean, and manipulate data related to assigned actuarial projects.
- Lead or support crossline initiatives and ad hoc analytical projects.
- Identify and implement method and process improvements to increase accuracy and efficiency.
- Follow and promote actuarial documentation and best practices.
- Make positive progress toward required actuarial exams (ACAS/FCAS pathway).
Qualifications
- Bachelor’s degree (or equivalent) in Mathematics, Statistics, Economics, Actuarial Science, or a related quantitative field.
- Commitment to pursuing Associateship in the Casualty Actuarial Society (ACAS), with positive progress toward exams.
- Passing grades on a minimum of 2 Casualty Actuarial Exams (examples: MAS I, MAS II, Exam 5, Exam 6).
- 2–4 years of relevant actuarial or insurance analytics experience.
- Familiarity with basic actuarial techniques, reserving and pricing concepts, and insurance operations.
- Intermediate Excel and SAS skills; ability to build simple models. Programming skills (e.g., R, Python) are desirable.
- Strong analytical, problem-solving, and critical-thinking skills.
- Solid oral, written, and presentation abilities.
- Strong interpersonal skills and ability to work both independently and in team settings.
- Ability to manage competing priorities with some direction from managers.
Program & Development
- This position counts as a rotation within the Actuarial Development Program. Participants typically complete two rotations across disciplines such as reserving, pricing, modeling, and analytics within the first two years.
- A requirement of the program is to make positive progress toward achieving ACAS/FCAS credentials.
- Mentorship, professional development, and collaborative opportunities are part of the program experience.
Compensation & Benefits
- Base salary range: USD $75,000 – $140,000 per year (actual pay is based on experience, skills, location, and other factors).
- Competitive benefits, professional development support, and a focus on inclusion and well-being are offered by our client.
- The employer’s pay philosophy supports career growth and progression as skills and responsibilities expand.
Location & Work Arrangement
- Authoritative job location: Boston, MA.
- This position may have in-office requirements dependent upon candidate location. Specific work arrangement details will be provided during the hiring process.
Additional Notes (Recruiter best practices)
- This posting is managed by Careertakes, a third-party recruiting platform. Selected candidates will be employed directly by our client.
- Applicants should ensure exam transcripts and relevant experience are up to date in their application materials.
- Candidates are encouraged to highlight any pet insurance, pricing, or regulatory filing experience in their resume and cover letter.
Equal Opportunity & Hiring Transparency
Careertakes and our client are Equal Opportunity Employers committed to building a diverse and inclusive workforce. We prohibit discrimination or harassment of any kind. To support a fair and efficient hiring process, AI tools may be used to assist with application review or resume screening. These tools do not replace human decision-making. Final hiring decisions are made by people.
If you have questions about how your data is used, please contact us directly.
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