[Hiring] Actuarial Analyst I @Mercury Insurance Services

Role Description

Primarily responsible for providing support to Actuaries, Senior Actuaries, and the Product Management team by pulling data, compiling data for filing and reporting.

• Collaborate with the Product Management team to meet profit and growth objectives for assigned PPA lines of business.
• Provide insight from 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.
• Engage 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 features for various product lines.
• Regular attendance at work on a full-time schedule of at least 8 hours and 40 hours per week.
• Other functions may be assigned.

Qualifications

• Bachelor's Degree required, preferably with a major in math, actuarial science, finance, economics, or other quantitative fields.
• Completion of the Summer 2026 Internship at Mercury Insurance.
• Completion of at least 2 Actuarial exams.

Requirements

• In-person interview may be required during the hiring process.
• State specific pay scales for this role are as follows:
• $63,410 to $117,348 (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)
• $51,881 to $96,012 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)
• In CA: Typical hiring range is $81,341 to $112,974.
• The expected base salary for this position will vary depending on relevant experience, skills, and location.

Benefits

• Competitive compensation.
• 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 (potential for holiday bonus, referral bonus, and 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, and more.