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Business Analyst, Actuarial & Analytics

Worcester, MA, USA Req #13094
Thursday, May 28, 2020

We are seeking a Business Analyst with insurance and data analytics skills to join our growing team in our Worcester, MA Headquarters.   

Position Summary: 

This analyst role will provide support of maintaining pricing information for multiple commercial lines products and provide analytical and quantitative support for product development, management reporting, and other research in support of the actuarial organization, with direction. Extract and integrate data from various resources to analyze and develop reports and spreadsheets. Capable of independently handling most aspects of routine filing preparation where standard actuarial support is required.  

This is a full-time, exempt role.  

Responsibilities/Essential Functions:  
•Monitor compliance with ISO, NCCI, State Rating Bureau filings, and recommend actions. 

•Provide support on routine insurance department inquiries. 

•Understand and draw inferences from data being collected. 

•Analyze pricing or profitability data. 
•Analyze company and industry experience as required. 
•Design and prepare special reports and other data compilations as requested. 
•Communicate with internal and external customers to discuss analysis results. 
•Analyze, compile, and perform competitive analysis. 
•Prepare preliminary recommendations under supervision. 
•Maintain pricing or corporate capital management systems. 
•Perform liaison function between systems and actuarial department. 
•Prepare and maintain documentation for processes. 
•Adhere to peer review guidelines. 
•Perform other projects and assignments as directed. 

Position Requirements:  
•Bachelor’s degree 
•Experience in the Property/Casualty industry and/or analytics work 
•Quantitative background 
•Familiar with Property/Casualty insurance ratemaking concepts is a plus

EEO statement:

“The Hanover values diversity in the workplace and among our customers.  The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.  

Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.” 

As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities.  If you require a reasonable accommodation, as a candidate for employment, please inform The Hanover Talent Acquisition office. 

Privacy Policy:

To view our privacy policy and online privacy statement, click here.  

Applicants who are California residents: To see the types of information we may collect from applicants and employees and how we use it, please click here. 

Other details

  • Job Function Business Analyst
  • Pay Type Salary
  • Worcester, MA, USA