Note: The job is a remote job and is open to candidates in USA. Mercury Insurance Services LLC/MIS is seeking an Actuarial Analyst I to support its actuarial, product management, and pricing teams. The role involves collecting and analyzing data, preparing actuarial reports, supporting product development and financial management projects, and assisting with state filings and pricing tools.
Responsibilities
- To collaborate with the Product Management team with the goal of meeting profit and growth objectives to assigned PPA lines of business
- The actuarial analyst I will provide insight of 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
- Participate in projects involving product development or financial management
- Explain proposals and findings to various parties, from company executives to department of Insurance. Develop new ideas that improve the department’s performance
- To provide meaningful reports to Sr. management that will further 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
- To provide support for the Pricing Workstation expansion, modify the existing workbook by adding more 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
Skills
- Regular attendance at work on a full-time schedule of at least 8 hours and 40 hours per week
- Bachelor's Degree required, preferably with a major in either math, actuarial science, finance, economics, or other quantitative fields
- Completion of the Summer 2026 Internship at Mercury Insurance
- Completion of at minimum 2 Actuarial exams
Benefits
- 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
- 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
Company Overview
Company H1B Sponsorship