Actuarial Analyst I

Overview

Join an amazing team that is consistently recognized for our achievements and culture, including our most recent Forbes award of being one of America's Best Midsize Employers for 2026!

 

Position Summary:Primarily responsible for providing support to Actuaries, Senior Actuaries, and the Product Management team by pulling data, compiling data for filing and reporting 

Geo-Salary Information

An in-person interview may be required during the hiring process

 

State specific pay scales for this role are as follows:

$63,410 to $117,348 (NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$57,646 to $106,680 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$51,881 to $96,012 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)

 

In CA: Typical hiring range is $81,341 to $112,974

 

The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location.

Responsibilities

Essential Job Functions:

• 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

 

Qualifications

Education:

• Bachelor's Degree required, preferably with a major in either math, actuarial science, finance, economics, or other quantitative fields

Experience:

• Completion of the Summer 2026 Internship at Mercury Insurance
• Completion of at minimum 2 Actuarial exams 

 

About the Company

Why choose a career at Mercury?

At Mercury, we have been guided by our purpose to help people reduce risk and overcome unexpected events for more than 60 years. We are one team with a common goal to help others. Everyone needs insurance and we can’t imagine a world without it.

 

Our team will encourage you to grow, make time to have fun, and work together to make great things happen. We embrace the strengths and values of each team member. We believe in having diverse perspectives where everyone is included, to serve customers from all walks of life.

 

We care about our people, and we mean it. We reward our talented professionals with a competitive salary, bonus potential, and a variety of benefits to help our team members reach their health, retirement, and professional goals.

 

Learn more about us here: https://www.mercuryinsurance.com/about/careers

Perks and Benefits

We offer many great benefits, including:

• Competitive compensation
• 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
• Engaging work environment
• 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

Mercury Insurance is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by federal, state, or local law.

Pay Range

USD $63,410.00 - USD $117,348.00 /Yr.