Actuarial Consultant or Associate Actuary (REMOTE)

Our Corporate Actuarial department is seeking an Actuarial Consultant or Associate Actuary to join our growing team in Worcester, MA Corporate Headquarters or remote work consideration.   This is a full time, exempt position.   POSITION OVERVIEW: This role within the Corporate Actuarial department will be responsible for helping to ensure the strength of Hanover’s balance sheet and providing management with critical insights through the Reserving analysis process.  Various forms of analysis include a formal quarterly review of the loss and DCCE reserves by accident and/or report year, appropriate business unit segmentation of carried reserves, other annual or semi-annual reserve analyses, and various “deep dives.” An effective candidate will also be able to suggest ways to improve our current processes by identifying enhancements and efficiencies. Effective communication skills are critical, as a high level of collaboration with the Business (Underwriting & Pricing), as well as Claims, Accounting, and Finance is expected. Additionally, this role provides a high degree of exposure to executive leaders. The person who takes on this role would also be able to provide guidance to other members of the team and be an active member of the Actuarial and Analytics community.   IN THIS ROLE, YOU WILL:  Monitor reserve adequacy and communicating of trends to executive leadership Take ownership of highly dynamic commercial liability reserving lines of businesses that carry $1.5B in total reserves Be accountable for deadlines associated with the financial quarterly close Perform analysis that requires knowledge of advanced actuarial concepts/methods and/or advanced analytic approaches Question and challenge various assumptions underlying reserving analysis. Propose alternative methods/assumptions when appropriate Be responsible for exploring ways to continually improve processes and enhance efficiencies Partner with Underwriting, Pricing, Claims, Finance, and Accounting to enhance the credibility of the actuarial department and support informed decision-making Present results to Underwriting, Pricing, Claims, Finance, and Accounting through clear and effective communication May lead or participate in community recruiting and/or training activities   WHAT YOU NEED TO APPLY:  Bachelor’s Degree or higher in a relevant technical field Five years of technical experience in multiple LOB and/or actuarial disciplines such as pricing, reserving or advanced analytics. ACAS preferred but not required Advanced communication skills Advanced skills using Microsoft Office, including Excel and PowerPoint Intermediate programming skills, including the ability to develop and automate processes Project organization and time management skills in order to balance conflicting priorities Ability to effectively influence and manage outcomes outside of direct control The ability to communicate technical concepts to non-technical audiences Able to apply and interpret company policies and procedures Able to direct activities of others, motivate and develop staff Growth Mindset – Embraces a creative approach and a changing environment. Seeks to improve processes, constantly seek to learn, apply new techniques, challenge others and themselves to find a better way Relationship Building - Understands the importance of developing and maintaining cooperative relationships with others at all levels of the organization by making others feel their concerns and contributions are important. Builds positive relationships with others to accomplish organizational goals. Influencing Others - Communicates ideas or positions in a persuasive manner that build support, agreement, or commitment. Takes actions that directly or indirectly influence others to create buy-in, gain trust, and motivate actions in others or win concessions without damaging relationships. Results Orientation - Excited by challenging goals and a desire to exceed standards of excellence. Exceeding the standard can include challenging personal goals, organization's standards, or current industry standards. Exhibits a true sense of competitiveness and a drive for results. Has a strong desire to win in the most challenging of circumstances and the fortitude to take calculated risks to achieve personal objectives and goals, organization's standards, or current industry standards. Business Enterprise Knowledge - Understands how one's own function adds value to the organization and to customers. Makes decisions and recommendations clearly linked to the organization's strategy and financial goals, reflecting an awareness of external dynamics. Demonstrates awareness by providing clear explanations for actions taken relative to customer requirements, needs, and industry trends. Decisiveness - Makes decisions by quickly assessing the scope of an issue and providing options leading to its closure. Determines appropriate options based on the situation