Actuarial Consultant- Rate Indications
Webster, MA, US
***Position can be higher level based on experience and credentials***
Summary
We’re looking for a thoughtful, results-oriented actuary to join our team and make a measurable impact on pricing. This role combines hands-on analytical work with ownership of key aspects of the rate implementation process across multiple jurisdictions.
You’ll contribute to the development of rate indications and supporting analyses, while partnering with cross-functional teams to help bring pricing changes to market efficiently and accurately. In addition to this core work, you’ll have the opportunity to support projects, process improvements, and strategic initiatives aligned to your interests and strengths.
This role is well-suited for someone who enjoys balancing analytical depth with execution, working independently, and collaborating with others to deliver high-quality outcomes in a dynamic environment.
Responsibilities
- Own the end-to-end rate filing process for 11 states, including preparation of indications and supporting exhibits, and delivering timely, comprehensive responses to Department of Insurance (DOI) objections. Manage filings across multiple lines of business: Personal Auto, Homeowners, Umbrella, Commercial Auto, Businessowners, and Commercial Multi-Peril & Package Products.
- Serve as the Actuarial subject matter expert, partnering with business leaders to ensure compliance with regulatory requirements and filing timelines.
- Apply advanced actuarial methodologies to drive accurate, strategic pricing decisions.
- Champion continuous improvement by refining methodologies, streamlining workflows, and enhancing analytical precision.
- Contribute to budgeting and financial planning, including evaluating the impact of reinsurance costs and terms on indications.
- Provide leadership and support to the broader actuarial team through:
- Quality assurance and peer review for consistency and accuracy.
- Conducting state-specific deep-dive analyses.
- Leading or collaborating on long-term, cross-functional initiatives that shape business strategy.
Experience/Qualifications
- 7+ years of progressive experience in the Property & Casualty (P&C) industry.
- ACAS or FCAS designation preferred.
- Minimum 3 years of personal lines filing experience; exposure to California or Washington filings is a plus.
- Proven ability to manage multiple complex projects simultaneously and deliver results independently.
- Demonstrated success in applying actuaruial expertie to support business decisions and explore opportunitues.
- Exceptional prioritization and organizational skills, balancing competing demands while focusing on high-impact outcomes.
- Strong communication skills with the ability to translate technical concepts for non-technical audiences.
Technical proficiency:
- Intermediate-level expertise in Microsoft Excel
- Comfortable modifying and working with pre-written SQL coding
Why Mapfre?
As a global insurance leader with a strong local presence, we offer more than a job — we provide a purpose-driven career where your growth, well-being, and impact truly matter.
Purpose & Culture: Join a company built on trust, collaboration, and inclusion. Our values guide everything we do, creating a workplace where people feel respected and empowered.
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.
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 $120,900 - $185,000
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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