What are the responsibilities and job description for the Commercial Lines Actuary III (Remote) position at Mapfre?
Summary
Our Actuarial team is seeking a highly motivated professional with strong business acumen, a proven track record of generating and implementing innovative ideas, and the ability to develop actuarial analyses in accordance with Casualty Actuarial Society (CAS) principles.
In this role, you will serve as the Lead State Pricing Analyst for Commercial Auto, playing a critical part in driving business performance. You will identify key business issues, perform in-depth analysis to understand underlying drivers, and deliver data-driven recommendations that improve both profitability and growth outcomes. This is a high-impact role offering strong visibility, cross-functional collaboration, and continued actuarial development.
What You'll Do
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
Salary Range $120,000 - $131,000
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.
Our Actuarial team is seeking a highly motivated professional with strong business acumen, a proven track record of generating and implementing innovative ideas, and the ability to develop actuarial analyses in accordance with Casualty Actuarial Society (CAS) principles.
In this role, you will serve as the Lead State Pricing Analyst for Commercial Auto, playing a critical part in driving business performance. You will identify key business issues, perform in-depth analysis to understand underlying drivers, and deliver data-driven recommendations that improve both profitability and growth outcomes. This is a high-impact role offering strong visibility, cross-functional collaboration, and continued actuarial development.
What You'll Do
- Build deep expertise in the Commercial Auto product, including pricing structures and profitability drivers.
- Serve as the lead pricing analyst for assigned states, owning analyses and recommendations.
- Provide actuarial analysis and support for rate changes and strategic initiatives.
- Review pricing of new or existing rating elements and/or coverages, quantifying the top-line and bottom-line impact of rate and non-rate actions.
- Assess and forecast the impact of product, market, and economic changes on profitability and rate need, make data-driven decisions and recommendations, and applying actuarial judgment where appropriate.
- Utilize strong technical skills, particularly in SQL, to efficiently retrieve and manipulate data across multiple data sources.
- Work independently, conducting reasonability checks to ensure accuracy and catch errors.
- Effectively communicate analytical findings and recommendations to peers, business partners, and senior leadership.
- Build and maintain strong relationships with cross-functional stakeholders.
- Identify, recommend, and implement process and methodology improvements.
- Provide training, mentorship, and guidance to less experienced staff.
- Actively pursue the CAS credential track, with progress toward ACAS designation.
- Bachelor’s degree in a relevant field, or equivalent professional-level knowledge in a specialized discipline
- 5–7 years of actuarial experience or equivalent related knowledge
- 5 or more CAS exams passed
- Experience performing intermediate to advanced quantitative analyses
- Strong actuarial, analytical, and coding expertise
- Demonstrated ability to communicate effectively with business partners and leadership
- Experience implementing methodological or process improvements
- Proven ability to independently complete complex actuarial analyses
- Strong organizational skills with the ability to manage multiple concurrent workstreams and prioritize effectively
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
Salary Range $120,000 - $131,000
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.
Salary : $120,000 - $131,000