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Actuarial Development Program Jobs in Massachusetts

Berkley

Actuarial Analyst

Boston, MA · On-site

Rating Development & Competitive Analysis: * Develop and enhance rating methodologies for both ... program (1-2 exams passed) or other insurance professional designations. * 0-1 years of actuarial ...

W. R. Berkley Corporation

Actuarial Analyst

Boston, MA · On-site

Rating Development & Competitive Analysis: * Develop and enhance rating methodologies for both ... program (1-2 exams passed) or other insurance professional designations. * 0-1 years of actuarial ...

AIG

Actuarial Analyst

Boston, MA · On-site

$62K - $78K/yr

That is why we created our Total Rewards Program, a comprehensive benefits package that extends ... We invest in our largest asset, our people, through continuous learning and development, in a ...

Berkley

Actuarial Analyst

Boston, MA · Hybrid

Rating Development & Competitive Analysis: * Develop and enhance rating methodologies for both ... program (1-2 exams passed) or other insurance professional designations. * 0-1 years of actuarial ...

Point32health

Actuarial Analyst II

Canton, MA · Hybrid

Job Summary Conduct analysis and data development for a broad range of financial and actuarial ... Tuition program * Well-being benefits * Full suite of benefits to support career development ...

MAPFRE

Manager, Actuarial Modeling Services

Webster, MA · On-site

$100K - $170K/yr

Summary Are you an experienced actuarial leader ready to influence pricing strategy, predictive ... programs, and internal mobility opportunities. Your development is our priority. Social ...

Mapfre

Manager, Actuarial Modeling Services

Webster, MA · On-site

$100K - $170K/yr

... programs, and internal mobility opportunities. Your development is our priority. Social ... Accounting, Actuarial, Law, Statistics, Developer, Finance, Insurance, Legal, Data, Technology #J ...

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All JobsActuarial Development Program JobsActuarial Development Program Jobs in Massachusetts

Actuarial Development Program information

See Massachusetts salary details

$55.7K

$124.2K

$172.6K

How much do actuarial development program jobs pay per year?

As of Sep 14, 2026, the average yearly pay for actuarial development program in Massachusetts is $124,151.00, according to ZipRecruiter salary data. Most workers in this role earn between $107,600.00 and $138,700.00 per year, depending on experience, location, and employer.

What is an actuarial development program?

An Actuarial Development Program (ADP) is a structured early-career program designed for aspiring actuaries. It typically offers rotational assignments across different actuarial teams, allowing participants to gain diverse experience in risk assessment, pricing, reserving, and financial modeling. These programs often provide study support for actuarial exams, mentorship, and professional development opportunities. The goal is to help candidates build technical skills, industry knowledge, and leadership abilities while progressing toward actuarial certification.

What kinds of career growth can participants expect from an actuarial development program?

An Actuarial Development Program is designed to foster both professional and personal growth by providing structured exam support, mentorship, and rotational assignments across various actuarial functions such as pricing, reserving, and forecasting. Participants are typically given dedicated study time and financial assistance for actuarial exams, which accelerates their progression toward full actuarial credentials. Successful candidates often advance to senior actuarial analyst or associate roles and eventually into leadership positions, depending on performance and exam completion. The program also helps build a strong professional network and develops a broad understanding of the insurance or financial industry, making graduates highly competitive for future advancement.

What are the key skills and qualifications needed to thrive in the actuarial development program position, and why are they important?

To thrive in an Actuarial Development Program, you need strong analytical and mathematical skills, typically supported by a degree in actuarial science, mathematics, statistics, or a related field. Proficiency in data analysis tools such as Excel, SAS, or R, and progress towards actuarial exams through the Society of Actuaries or Casualty Actuarial Society, are essential. Effective communication, teamwork, and problem-solving abilities are crucial soft skills for collaborating with diverse teams and explaining complex findings. These skills and qualifications are important to ensure accurate risk assessment, support sound business decisions, and accelerate professional growth within the actuarial field.

What are the most commonly searched types of Actuarial Development Program jobs in Massachusetts?

The most popular types of Actuarial Development Program jobs in Massachusetts are:

What are popular job titles related to Actuarial Development Program jobs in Massachusetts?

For Actuarial Development Program jobs in Massachusetts, the most frequently searched job titles are:

What job categories do people searching Actuarial Development Program jobs in Massachusetts look for?

The top searched job categories for Actuarial Development Program jobs in Massachusetts are:

What cities in Massachusetts are hiring for Actuarial Development Program jobs?

Cities in Massachusetts with the most Actuarial Development Program job openings:

Actuarial Development Program jobs near you
Infographic showing various Actuarial Development Program job openings in Massachusetts as of September 2026, with employment types broken down into 1% Internship, 1% As Needed, 77% Full Time, 16% Part Time, and 5% Contract. Highlights an 93% Physical, 1% Hybrid, and 6% Remote job distribution, with an average salary of $124,151 per year, or $59.7 per hour.

Actuarial Analyst

Boston, MA • On-site

Berkley
See more jobs at Berkleyexternal

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 26 days ago

Job description

Company Details
Berkley One is a modern insurance provider for a modern generation of affluence. We serve clients who live dynamic, adventurous lives and expect their insurance experience to match. Our mission is to deliver highly personalized risk and claims management through a blend of expert independent agents, cutting-edge digital tools, and the strength of the Berkley brand.
Why Join Us?
At Berkley One, you'll be part of a forward-thinking team that's reimagining personal insurance. We're building solutions that are as sophisticated and agile as the clients we serve, individuals and families who value innovation, simplicity, and exceptional service. You'll collaborate with passionate professionals, leverage modern technology, and help shape the future of our industry.
#LI-AV1 #LI-HYBRID
What We Value
  • A client-first mindset with a passion for delivering exceptional experiences
  • Curiosity, creativity, and a drive to challenge the status quo
  • Collaboration across disciplines to build smarter, more intuitive solutions
  • Integrity, expertise, and a commitment to excellence

Join us in creating a new standard in personal insurance where protection meets possibility.
Responsibilities
This role will be based in our Boston, MA office. We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.
Join a dynamic and forward-thinking actuarial team at a leading High Net Worth Personal Lines Carrier, where your expertise will directly shape pricing strategy, risk management, and business growth. This role offers the opportunity to work on complex, high-impact initiatives in a collaborative and intellectually stimulating environment.
As an Actuarial Analyst, you will report to the AVP, Actuary at Berkley One. You will be responsible for working on state rate reviews, actuarial indications and analysis in support of pricing personal lines products, including building actuarial metrics dashboards.
We'll count on you for:
Rating Development & Competitive Analysis:
  • Develop and enhance rating methodologies for both existing and emerging products, leveraging advanced actuarial techniques and data-driven insights to drive competitive differentiation.
  • Conduct competitor pricing and segmentation analysis to uncover profitable growth opportunities and identify underperforming segments.
  • Recommend targeted corrective actions to optimize portfolio performance.

Advanced Data Analytics & Modeling:
  • Prepare and validate complex datasets from internal systems such as exposure, premium, loss, claims, and pricing data, as well as external data sources, using SQL, R, and other analytical tools.
  • Apply rigorous data quality checks and exploratory analysis.
  • Present actionable recommendations that support strategic decision-making.

Rate Filing Execution & Regulatory Strategy:
  • Drive the actuarial components of state expansion and regulatory filings, including competitor benchmarking, actuarial modeling, and documentation.
  • Collaborate cross-functionally with Product, IT, and Legal teams to ensure timely and compliant filings that support business growth and profitability.

Innovation & Thought Leadership:
  • Champion innovation by identifying emerging trends, tools, and methodologies that enhance actuarial and organizational capabilities.
  • Provide leadership within the actuarial team to foster continuous improvement.

Profitability Monitoring & Reporting:
  • Maintain robust monthly and quarterly reporting frameworks to monitor underwriting performance and profitability.
  • Ensure timely insights that support executive decision-making.

Qualifications
Education:
  • Bachelor's degree or equivalent in Math, Statistics, Actuarial Science, or Economics.
  • Commitment to continuing education demonstrated by progression through the Casualty Actuarial Society exam program (1-2 exams passed) or other insurance professional designations.
  • 0-1 years of actuarial experience in the insurance industry.
  • Ideally, candidate will have at least an actuarial internship experience, possibly with a focus on personal lines auto and property lines of business

Technical Proficiency:
  • Proficiency with Excel, SQL, and R (or other data scripting/statistical language) is expected.
  • Familiarity with Microsoft Office Suite and the ability to quickly learn new software tools is expected.

Customer-Centric Mindset:
  • Deep empathy and understanding of the needs of our customers, both insureds and their agents alike, with commitment to delivering thoughtful data-informed solutions.

Communication Excellence:
  • Exceptional verbal and written communication skills, with the ability to tailor messaging to different audiences clearly to convey complex concepts.

Professionalism & Collaboration:
  • Calm under pressure.
  • Highly organized.
  • Integrity to follow through on tasks.
  • Ability to challenge norms while working collaboratively with colleagues at all levels of the organization.

Leadership:
  • A proactive mindset with a strong sense of accountability, initiative, ownership, and leadership.

Curiosity & Innovation:
  • Naturally curious and passionate about learning how things work.
    Continuously seeks opportunities for improvement and innovation.

Additional Company Details
We do not accept any unsolicited resumes from external recruiting agencies or firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include:
• Base Salary Range: $80,000 - $90,000
• Eligible to participate in annual discretionary bonus.
• Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details
Sponsorship not Offered for this Role

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