Pricing Analyst at Worcester

Job Description

Pricing Analyst

Job ID #: 4979 Location: Worcester, MA
Functional Area: Business Analyst SBU: 79300 - Commercial Lines Home Office
Position Type: Full - Time
Education Required: Bachelors Degree
Experience Required: 1 - 3 Years
Relocation Provided: No

Job Description

Delivering on promises for over 160 years!

Hanover Insurance is a winning company comprised of outstanding professionals focused on a single vision: to be the very best in our business. At The Hanover you will have the opportunity to: Grow Your Career, Love What You Do and Be Valued for Your Contributions.

Apply today and discover:

- Why, in 2010 and 2011, we were recognized by The Boston Globe as a Top Places to Work and by Business Insurance as a Best Places to Work.

- How we continue to grow stronger through acquisitions, increased product offerings and unparalleled credit rating agency upgrades in the industry.

- How we build unique relationships with our Employees, Agent Partners and Customers.

what its like to work for the best insurance company in the industry!!!

Overview/Summary: Independently completes routine actuarial processes with limited supervision. Provides quantitative support for product development, financial analysis, management reporting, and other actuarial research with direction. Extracts and integrates data from various databases to analyze and develop reports and spreadsheets. Capable of independently handling all aspects of routine filing preparation where standard actuarial support is required.

Responsibilities & Essential Functions:

*Provide support on routine insurance department inquiries.

*Maintain pricing or reserving systems.

*Design and prepare special reports and data compilations as requested.

- Communicate with internal and external customers to discuss analysis results.

*Prepare and present actuarial findings to management and business partners.

*Perform liaison function between systems and actuarial department.

*Prepare and maintain documentation for existing processes. Adhere to peer review guidelines.

*Assist on filings for various lines of business.

- Complete standardized filing exhibits with some direction.

- Acquire knowledge of filing requirements: File & Use, Prior Approval, etc., Rate/Rule/Form filings

- Assist in the completion of system specifications to support rate changes for assigned line(s) of business.

- Assist in the maintenance of manual pages/exception pages for assigned line(s) of business.

- Compile standardized experience exhibits

- Assist in the training and development of other actuarial talent by acting as a peer mentor.

- Perform other projects and assignments as directed

Job Requirements

*College degree (4 year)

*3+ years of experience in Property/Casualty industry, including Department of Insurance filing knowledge

*Quantitative background

*Familiar with actuarial rate making and reserving concepts.

- Adept in desktop applications and software tools including Excel, Access. SQL preferred.

- Strong verbal and written communication skills

Benefits To Joining The Hanover Team:

- Competitive Pay and Benefits

- Retirement/401(k) Program

- Beneficiary and Ability Assist Programs

- Travel Assistance Program

- Adoption Benefit

- Wellness Programs

- Matching Education Gifts Plan

- Employee Development/Education Assistance and Professional/Industry Designation Programs

- Generous Time Off With Pay

Have you ever considered working Worcester, MA? Worcester is centrally located and affords an easy commute from locations throughout New England. Hanover Insurance is easily accessible off of I-290 from Cities and Communities such as: Boston, Lowell, Framingham, Leominster, Attleboro, Franklin, Newton, Milford, Marlborough, Amherst, Springfield and Longmeadow in MA. Hartford, Windsor, Enfield, Manchester, Glastonbury, Colchester, Willimantic and Norwich in CT. Providence, Cranston and Woonsocket in RI and The Nashua area in NH.

The Hanover Insurance Group, Inc. (NYSE: THG), based in Worcester, Mass., is the holding company for a group of insurers that includes The Hanover Insurance Company, also based in Worcester, Citizens Insurance Company of America, headquartered in Howell, Michigan, Chaucer Holdings PLC, based in London and their affiliates.

The Hanover offers a wide range of property and casualty products and services to businesses, individuals, and families through a select group of independent agents across the U.S., and has been meeting its obligations to its agent partners and their customers for nearly 160 years. The company is ranked among the top 25 property and casualty insurers in the country and maintains excellent ratings from A.M. Best, Standard & Poors and Moodys.

EEO Statement

The Hanover Insurance Group provides equal opportunity for employment and promotion to all qualified employees and applicants. No person shall be discriminated against in employment on the basis of race, color, religion, gender, age, national origin, marital status, disability, sexual orientation, veteran status or any other status or condition protected by applicable federal or state statutes. The Company is committed to maintaining an environment in which all employees are treated equitably and given the opportunity to achieve their full potential in the workplace.

The Hanover Insurance Group does not accept unsolicited Agency resumes. The Hanover Insurance Group will not pay fees to any third party agency or firm that does not have a signed Employment Agency Agreement already on file with Human Resources - The Office of Talent Management.

J2W:CB1
Country: USA, State: Massachusetts, City: Worcester, Company: Hanover Insurance Group.