Mercury Insurance Services, LLC, a company guided for over 60 years by the purpose of helping people reduce risk, is looking for an Actuarial Analyst I. In this role, you will provide essential support to Actuaries, Senior Actuaries, and the Product Management team by pulling and compiling data for filing and reporting. You will collaborate directly with the team to meet profit and growth objectives for assigned Personal Package Auto (PPA) lines of business.
What You'll Do
- Collaborate with the Product Management team to meet profit and growth objectives for assigned PPA lines of business.
- Provide insight on collected data to help make informed decisions specific to assigned product lines.
- Collect and compile statistical data for additional analysis.
- Participate in programming, preparation, and interpretation of actuarial reports.
- Participate in projects involving product development or financial management.
- Explain proposals and findings to various parties, from company executives to the Department of Insurance.
- Develop new ideas that improve the department's performance.
- Provide meaningful reports to Sr. management to promote understanding of the assigned PPA line.
- Support the actuary team with the state filing process, presenting evidence to justify rate changes submitted to the Department of Insurance.
- Provide support for the Pricing Workstation expansion, modifying the existing workbook by adding more features for various product lines.
- Maintain regular attendance at work on a full-time schedule of at least 8 hours per day and 40 hours per week.
What We're Looking For
- Bachelor's Degree
- Completion of at minimum 1 Actuarial exam
Nice to Have
- Bachelor's Degree with a major in math, actuarial science, finance, economics, or other quantitative fields
Team & Environment
You will be providing direct support to Actuaries, Senior Actuaries, and the Product Management team. Mercury operates as one team with a common goal to help others, encourages growth, makes time to have fun, and works together to make great things happen. We embrace the strengths and values of each team member and believe in having diverse perspectives where everyone is included.
Benefits & Compensation
- Competitive compensation with three regional pay bands: $63,410 to $117,348 (CA, NJ, NY, WA, HI, AK, MD, CT, RI, MA); $57,646 to $106,680 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME); $51,181 to $96,012 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)
- 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 (holiday bonus, referral bonus, 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
Work Mode
This position is fully remote and can be performed from anywhere within the United States.
Mercury Insurance is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by federal, state, or local law.
