Job Description

Actuary II, State Pricing

Date: Oct 28, 2025

Location:

Webster or Remote, MA, US

Company: MAPFRE

Level of the position is flexible and will reflect the candidate's experience

Summary

We're looking for a highly skilled Senior Actuarial Modeler to lead the development and maintenance of actuarial models across multiple U.S. states. This role combines advanced coding expertise with deep actuarial knowledge to drive innovation, improve efficiency, and ensure compliance in a dynamic environment.

What You'll Do

• Build & Maintain Models: Develop actuarial models tailored to state-specific regulatory and business requirements.

• Automate & Optimize: Design and implement automated workflows using SQL and Python to enhance efficiency, scalability, and consistency.

• Innovate: Identify and integrate new features, data sources, and techniques to improve model performance and deliver actionable business insights.

• Collaborate: Work closely with cross-functional teams to align assumptions, inputs, and outputs.

• Lead Governance: Oversee model documentation, validation, and compliance processes.

• Mentor Talent: Guide junior modelers and foster technical excellence within the team.

• Stay Current: Monitor regulatory changes and ensure models remain compliant and up-to-date.

What You Bring

• Education: Bachelor's or Master's degree in Actuarial Science, Mathematics, Statistics, Computer Science, or related field.

• Credentials: 3+ CAS exams passed (MAS-I/MAS-II preferred).

• Experience:

• 3+ years in personal auto line pricing/modeling.

• At least 1 year of hands-on modeling experience.

• Technical Skills:

• Strong programming skills in SQL.

• Experience with Python and modeling platforms (e.g., Earnix) is a plus.

• Proven Ability: Automating actuarial processes and building scalable modeling frameworks.

Why This Role?

• Impact: Your models will directly influence pricing strategies across multiple states.

• Innovation: Work with cutting-edge tools and data to drive meaningful change.

• Leadership: Opportunity to mentor and shape the future of actuarial modeling.

• Flexibility: Collaborative culture with hybrid work options.

Why Us?

• Industry Leadership: Be part of a company recognized for its strong market presence and commitment to innovation in insurance.

• Career Growth: We invest in your professional development with exam support, mentorship, and advancement opportunities.

• Inclusive Culture: Join a diverse, collaborative team that values fresh ideas and continuous improvement.

• Competitive Rewards: Comprehensive benefits, performance-based incentives, and work-life balance programs.

• Purpose-Driven Work: Your contributions will help millions of customers make informed decisions and protect what matters most.

Pay Philosophy :The typical starting salary range for this role is determined by several factors including skills, experience, education, certifications, and location. Some roles at MAPFRE are eligible for commission and/or bonus earnings, in addition to salary, calculated based upon factors set forth in the compensation plan for the role.

Salary Range: $95,000-$140,000

Thank you for considering MAPFRE Insurance as part of your career journey.

We're proud to be rated "A" (Excellent) by A.M. Best Company. We offer property and casualty insurance, working with over 3,000 independent agents and brokers in 11 states.

If you require an accommodation for a disability so that you may participate in the selection process, you are encouraged to contact the MAPFRE Insurance Talent Acquisition team at talentacquisition@mapfreusa.com _.

We are proud to be an equal opportunity employer._

Nearest Major Market: Worcester

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