Modeling Jobs in Cambridge, MA

This position is part of American Family's Actuarial Tools & Modeling team in the personal lines product area. The team is responsible for developing data-driven solutions to new and complex business problems primarily tied to Insurance pricing. The person in this role provides the highest level of expert analysis, consulting and project or staff leadership for the actuarial activities related to insurance pricing and modeling. As a member of this team, you will apply and integrate statistical, mathematical, predictive modeling and business analysis skills to manage and manipulate complex data from a variety of sources. You will collaborate closely both within and across teams to build modeling processes, iteratively enhance model performance, and share out results to stakeholders. Furthermore, you will work with product and IT teams to implement models into production and then monitor / adjust based on changing markets and future trends.

In this flex office / home role, you will be expected to work a minimum of 10 days per month from one of the following office locations : Madison, WI 53783; Boston, MA 02110; Denver, CO 80112; Eden Prairie, MN 55343; Keene, NH 03431; St. Joseph, MO 64507; Phoenix, AZ 85034.

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Internal candidates are encouraged to apply regardless of location and will be considered based upon the needs of the role.

LI-Remote

Position Compensation Range :

111,000.00 - $190,000.00

Pay Rate Type : Salary

Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.

Certain geographic locations may qualify for a salary range of $125,000 to $214,000 Yearly.

Primary Accountabilities

• Leads development of pricing models for new products and rating structures.
• Explores new concepts, statistical models, and data sources to deliver innovative solutions for the business.
• Optimize model capabilities and collaborate with key stakeholders to ensure models are developed to deliver on a broad array of business needs.
• Gain a thorough understanding of existing models and lead future model enhancement efforts.
• Perform analysis of emerging experience, monitor marketplace and economic trends and review implications.
• Support development of a modeling framework.
• Builds and tests models and investigates areas for future improvement.
• Regularly communicate research findings and analysis to management.
• Effectively work with any number of other cross functional / operational areas (e.g. product development, state management, actuarial pricing, IT) on specific initiatives.
• Prepare state filing model support and assist on filing objections.
• Act as a mentor for less experienced actuaries / data scientists and interns.
• May perform other duties as assigned.

Specialized Knowledge & Skill Requirements

Additional Specialized Knowledge & Skills

Licenses

Travel Requirements

Physical Requirements

Working Conditions

We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture. We encourage those who are passionate about what we do to apply!

We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.

We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

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