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MAPFREMA

Actuary II, Personal Auto Predictive Modeling (Hybrid or Remote) (Remote, MA, US

MAPFRE, S.A. is a Spanish multinational insurance company offering a wide range of insurance and reinsurance products and services globally. It is a leading insurer in Spain and Latin America, with a significant presence in Europe and North America.

MAPFRE

Employee count: 5000+

Salary: 95k-140k USD

United States only

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**Level of the position is flexible and will reflect the candidate’s experience** This can be a remote role or Webster, MA

Summary

We’re looking for a highly skilled Senior Actuarial Modeler to lead the development and maintenance of actuarial models across multiple U.S. states. This role combines advanced coding expertise with deep actuarial knowledge to drive innovation, improve efficiency, and ensure compliance in a dynamic environment.

What You’ll Do

  • Build & Maintain Models: Develop actuarial models tailored to state-specific regulatory and business requirements.
  • Automate & Optimize: Design and implement automated workflows using SQL and Python to enhance efficiency, scalability, and consistency.
  • Innovate: Identify and integrate new features, data sources, and techniques to improve model performance and deliver actionable business insights.
  • Collaborate: Work closely with cross-functional teams to align assumptions, inputs, and outputs.
  • Lead Governance: Oversee model documentation, validation, and compliance processes.
  • Mentor Talent: Guide junior modelers and foster technical excellence within the team.
  • Stay Current: Monitor regulatory changes and ensure models remain compliant and up-to-date.

What You Bring

  • Education: Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, Computer Science, or related field.
  • Credentials: 3+ CAS exams passed (MAS-I/MAS-II preferred).
  • Experience:
    • 3+ years in personal auto line pricing/modeling.
    • At least 1 year of hands-on modeling experience.
  • Technical Skills:
    • Strong programming skills in SQL.
    • Experience with Python and modeling platforms (e.g., Earnix) is a plus.
  • Proven Ability: Automating actuarial processes and building scalable modeling frameworks.

Why This Role?

  • Impact: Your models will directly influence pricing strategies across multiple states.
  • Innovation: Work with cutting-edge tools and data to drive meaningful change.
  • Leadership: Opportunity to mentor and shape the future of actuarial modeling.
  • Flexibility: Collaborative culture with hybrid work options.

Why Mapfre?

As a global insurance leader with a strong local presence, we offer more than a job — we provide a purpose-driven career where your growth, well-being, and impact truly matter.

Purpose & Culture: Join a company built on trust, collaboration, and inclusion. Our values guide everything we do, creating a workplace where people feel respected and empowered.

Comprehensive Benefits: Enjoy competitive health coverage, retirement plans, paid time off, flexible work options, and lifestyle perks like employee discounts.

Career Growth: Advance your skills through tuition reimbursement, leadership programs, and internal mobility opportunities. Your development is our priority.

Social Responsibility: Contribute to meaningful initiatives through Fundación Mapfre, supporting communities and sustainability worldwide.

Pay Philosophy: The typical starting salary range for this role is determined by several factors including skills, experience, education, certifications, and location. Some roles at Mapfre are eligible for commission and/or bonus earnings, in addition to salary, calculated based upon factors set forth in the compensation plan for the role.

Salary Range: $95,000-$140,000

Thank you for considering Mapfre Insurance as part of your career journey.

We're proud to be rated "A" (Excellent) by A.M. Best Company. We offer property and casualty insurance, working with over 3,000 independent agents and brokers in 11 states.

If you require an accommodation for a disability so that you may participate in the selection process, you are encouraged to contact the Mapfre Insurance Talent Acquisition team at talentacquisition@mapfreusa.com.

We are proud to be an equal opportunity employer.

About the job

Apply before

Posted on

Job type

Full Time

Experience level

Salary

Salary: 95k-140k USD

Education

Bachelor degree
Postgraduate degree

Experience

3 years minimum

Location requirements

Hiring timezones

United States +/- 0 hours

About MAPFRE

Learn more about MAPFRE and their company culture.

View company profile

At MAPFRE, we are spearheading a new era in the insurance industry through relentless innovation and technological advancement. Our commitment to revolutionizing how insurance is perceived and delivered is embedded in our core strategy. We leverage emerging technologies, with a significant focus on artificial intelligence, to radically transform our operating model and develop next-generation insurance products. This includes automated content creation for digital platforms, efficient document management, and enhanced customer service through virtual assistants, all designed to improve the accuracy and speed of customer interactions and optimize internal operations. Our innovation extends to creating solutions that empower our customers to navigate new models of urban, personal, and sustainable mobility, live longer and better with enriched quality of life at any age, and benefit from the latest technologies to protect their loved ones and assets in both physical and virtual realms. We are also dedicated to understanding and mitigating the impacts of climate change, developing solutions to protect our clients from its consequences.

MAPFRE's innovation ecosystem is multifaceted, incorporating a 'Case Builder' project factory for emerging technologies, an 'insur_space' program to fast-track startups and scaleups, and direct venture capital investments in strategically aligned startups. We are a senior partner in the Alma Mundi Insurtech fund, one of the world's largest Insurtech funds. Our R&D center for mobility, CESVIMAP, hosts a dedicated Mobility Lab. Furthermore, Fundación MAPFRE, our non-profit institution, champions social progress and well-being through multinational programs focusing on social action, culture, health promotion, prevention, road safety, and insurance and social protection. This commitment to innovation is not just about technology; it's about fostering a culture of continuous improvement and a dedication to providing an agile, friendly, human, and quality experience for our millions of clients worldwide. Through these initiatives, MAPFRE is not just adapting to change but actively shaping the future of insurance and societal well-being.

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