Progressive Insurance is seeking an analytical and detail-oriented Actuarial Analyst to support pricing, reserving, forecasting, and risk assessment initiatives. This role offers an excellent opportunity to work with large datasets, build actuarial and predictive models, and contribute to strategic business decisions that impact millions of policyholders across the United States.

As an Actuarial Analyst, you will help evaluate insurance performance, analyze trends, and provide insights that guide pricing and profitability decisions. You will work closely with teams across underwriting, finance, and product development while gaining valuable exposure to actuarial techniques, forecasting, and data-driven decision-making. This is an ideal opportunity for someone with strong quantitative skills who wants to grow a long-term career in the insurance and actuarial field.

Job Responsibilities

• Analyze insurance data, trends, and performance metrics to support business decisions.
• Develop actuarial models for pricing, reserving, forecasting, and risk assessment.
• Assist with profitability analysis, reserve studies, and financial forecasting projects.
• Prepare reports, summaries, and presentations for management and business stakeholders.
• Conduct statistical analysis using actuarial and quantitative techniques.
• Evaluate insurance products and recommend pricing or product adjustments when appropriate.
• Support predictive modeling and other data-driven business initiatives.
• Collaborate with underwriting, finance, product, and analytics teams on actuarial projects.
• Monitor market trends, competitor activity, and regulatory changes affecting insurance operations.
• Ensure data accuracy, consistency, and integrity across actuarial analyses and reporting.

Required Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or a related field.
• Strong analytical, quantitative, and problem-solving skills.
• Knowledge of probability, statistics, and financial modeling concepts.
• Proficiency in Microsoft Excel and the ability to work with complex datasets.
• Strong written and verbal communication skills.
• Ability to work independently and manage multiple assignments effectively.
• High attention to detail and accuracy in analysis and reporting.

Preferred Qualifications

• Completion of one or more actuarial exams.
• Experience with SQL, Python, R, or similar analytical and statistical tools.
• Prior insurance industry or actuarial experience.
• Knowledge of predictive analytics, data visualization, or business intelligence tools.
• Experience working with large-scale datasets and advanced analytical models.

Benefits

• Competitive salary with annual bonus opportunities.
• Comprehensive medical, dental, and vision insurance coverage.
• 401(k) retirement plan with company contributions.
• Paid vacation, holidays, and time-off benefits.
• Professional development and actuarial exam support programs.
• Tuition reimbursement and continuing education assistance.
• Flexible work arrangements, including remote or hybrid options where available.
• Career advancement opportunities within Progressive.

Why Join Progressive?

Progressive is one of the leading insurance companies in the United States and is widely recognized for its innovation, technology, and commitment to employee development. The company provides a collaborative work environment where actuarial professionals can build valuable technical and business skills while contributing to important strategic decisions.

By joining Progressive, you will become part of a forward-thinking organization that values analytical talent, continuous improvement, and professional growth. This role offers the opportunity to make a measurable impact while developing a rewarding career in actuarial science and insurance analytics.

Equal Opportunity Employer

Progressive is committed to creating an inclusive workplace and providing equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other characteristic protected by applicable law.