What are the responsibilities and job description for the Actuarial Assistant position at SAFETY INSURANCE COMPANY?
Safety Insurance is proud to be one of the leading property and casualty insurance providers in Massachusetts. We are committed to supporting independent agents and their customers through our unwavering dedication to excellence. Our success is built on a simple philosophy: deliver the highest quality insurance products at competitive rates while providing exceptional service at every step.
At Safety Insurance, we don’t just offer jobs – we offer careers that are challenging, fulfilling, and designed to grow with you.
Our people are our greatest asset. A diverse workforce makes us stronger, more innovative, and better equipped to serve our customers. At Safety, we empower our employees to be their best by fostering an inclusive environment and offering resources that support their careers, education, and families. We also understand the importance of work-life balance. That’s why we offer hybrid work options, flexible schedules, and a 37.5-hour workweek. Conveniently located in the heart of Boston’s financial district, our downtown office is a positive space where employees can stay connected to both each other and the pulse of the city.
Safety’s benefits go beyond the basics. In addition to competitive salaries, our comprehensive benefits package includes:
- 3 weeks accrued paid time off paid holidays each year
- Health insurance (medical, dental, vision)
- Annual 401(k) Employer Contribution (up to 8% of your base salary)
- 100% tuition reimbursement
- Free on-site fitness center
- Complimentary coffee and breakfast service
- Hybrid work schedules
- Working Advantage Discount Program
- Employee Assistance Program
- …and much more!
Job Summary
Performs various analytical functions required to support our personal and commercial lines of business.
Responsibilities
- Gather and Analyze data at request of the underwriting or claims department.
- Loss Reserving
- Financial Reporting
- Product Development and Ratemaking
- Profitability Analysis
- Other Duties as required
Qualifications
- BS/BA degree in math, economics, actuarial science, or statistics required
- Proficiency with SQL preferred
- 1 or more CAS actuarial exams preferred
- 2 years in Massachusetts personal/commercial lines preferred
- Ratemaking, Rate Filing, and or Loss Reserving experience preferred
Salary : $75,000 - $80,000