[Hiring] Vice President and Lead Actuary @The Hanover Insurance Group

Role Description

The VP and Lead Actuary will lead all aspects of the actuarial practice for The Hanover’s Core Commercial Lines portfolio. Help shape the business strategy of the Core Commercial businesses of the company and solve problems and initiate solutions in the face of ambiguity.

• Responsible for actuarial, data science, and integration teams driving enhanced pricing sophistication, portfolio management, rate development and execution, third party data integration, competitive intelligence and other activities in support of sustained profitable growth.
• Share ownership and accountability for the profitability of all Core Commercial lines of business and aggregate business unit performance.
• Responsible for providing counsel to senior management and business leaders on the appropriate course of action for Core Commercial as a member of the business leadership teams.
• Represents the organization to both internal and external audiences.

Qualifications

• Bachelors Degree or higher in a relevant technical field
• 10+ years of technical experience, including a minimum of 10 years in management
• FCAS Designation required.
• Advanced written and verbal communication skills.
• Ability to explain complex actuarial and data science concepts to business partners.
• Knowledge and understanding of unit/corporate strategy, financial goals, and business and industry trends.
• Proven success working in a matrixed organization and across different businesses and functional areas.
• Demonstrated knowledge of all techniques used to model various assumptions.
• Expertise in data, modeling, and monitoring in support of business objectives.
• Experience in navigating state regulatory environments.
• Able to apply and interpret company policies and procedures.

Requirements

• Change Advocate/Leadership: Identifies and acts upon opportunities, motivates others during times of organizational stress, ambiguity, and change.
• Communication for Results: Expresses technical and business concepts, ideas, feelings, opinions, and conclusions, so that others understand and are persuaded to act.
• Negotiation: Knowledge of negotiating techniques, subject matter, and strategy to obtain commitment, compromise, or settlement in a way that promotes mutual goals or interests.
• Results Orientation: Excited by challenging goals and a desire to exceed standards of excellence.
• Resource Management: Maximizes the impact of human, financial, technical, environmental, physical, and business resources for meeting organizational objectives.
• Strategic Thinking: Examines issues and plans with a long-term perspective.
• Talent Management: Proactively fosters building, developing, mobilizing, and evaluating the organizations’ human assets.

Benefits

• Medical, dental, vision, life, and disability insurance
• 401K with a company match
• Tuition reimbursement
• PTO
• Company paid holidays
• Flexible work arrangements
• Cultural Awareness Day in support of IDE
• On-site medical/wellness center (Worcester only)