Overview Position Summary: The Catastrophe Pricing Scientist will drive advanced risk pricing analysis using both industry-standard platforms—including Verisk (AIR), RMS (Moody’s), and others—along with proprietary methodologies. This role emphasizes expertise in catastrophe loss modules and pricing analytics. The role will develop, validate, and apply catastrophe modeling frameworks to support pricing strategies for risks such as wildfires, urban conflagrations, fire-following earthquakes, severe convective storms, and hurricanes. The Catastrophe Pricing Scientist will collaborate closely with internal stakeholders to translate hazard, exposure, and vulnerability insights into actionable loss estimates and risk-based pricing structures. Geo-Salary Information An in-person interview may be required during the hiring process State specific pay scales for this role are as follows: $94,458 to $179,048 (CA, NJ, NY, WA, HI, AK, MD, CT, RI, MA) $85,871 to $162,771(NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME) $77,283 to $146,494 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV) 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: • Apply industry-leading catastrophe models and proprietary techniques to assess risks including wildfires, urban conflagrations, fire-following earthquakes, severe convective storms, and hurricanes. • Collaborate with Actuarial, Research & Development, State Product Management, and Underwriting teams to integrate catastrophe model outputs into pricing workflows. • Refine model assumptions by adjusting vulnerability curves, applying loss scaling factors, and incorporating proprietary insights and market expertise. • Enhance catastrophe modeling frameworks to improve the accuracy and reliability of loss estimates used for pricing. • Partner with cross-functional teams to implement insurance products that align with Mercury’s standards of excellence. • Provide insights in statistical modeling, including performing data audits, statistical evaluations, and advanced analyses to solve complex insurance challenges. • Recommend enhancements to existing products and support pricing and modeling updates based on research findings. • Contribute to the design and development of new insurance products, collaborating with IT, Underwriting, Marketing, and other departments to ensure successful implementation. • Manage the prioritization and distribution of individual tasks for product development. • Participate in real-time risk analytics and detailed loss estimation initiatives. • Deliver training sessions on new products and updates for internal teams as needed. • Create reports, presentations, and data visualizations to clearly communicate findings to both technical and non-technical audiences. • Define and manage individual projects in partnership with the Lead. • Independently prioritize and execute tasks to meet Mercury’s standards of excellence in catastrophe pricing. • Perform additional responsibilities as assigned. Qualifications Education: Minimum: Bachelor's degree with an emphasis analytical concentration such as math, statistics, economics, finance, quantitative research, etc. Preferred: Master’s degree with an emphasis in analytical concentration such as math, statistics, economics, finance, quantitative research, etc. Experience: Minimum: 5+ years of product development experience or at least 1 year of leadership experience in project management, or an equivalent combination of education and experience. Preferred: 10+ years of product development experience or at least 5 years of leadership experience in project management, or an equivalent combination of education and experience. Knowledge and Skills: Minimum: • Hands-on experience with catastrophe modeling platforms such as Verisk (AIR), RMS (Moody’s), or similar. • Strong ability to analyze complex data sets and interpret model outputs for catastrophe risk pricing. • Proficiency in calculating key risk metrics such as Average Annual Loss (AAL), Exceedance Probability (EP), Value at Risk (VaR), and Tail Value at Risk (TVaR). • Experience in financial modeling and actuarial principles. • Strong communication skills, including the ability to present technical concepts to non-technical audiences. • Evidence of and commitment to staying current with evolving modeling techniques and industry best practices. • Self-motivated with excellent critical thinking, problem-solving, and project management skills. Preferred: • Experience in programming languages and analytical tools such as Python, SQL, NumPy, Pandas, SciPy, Dask, or PySpark. • Experience with probabilistic methods, geospatial analysis, and/or machine learning applications. • Advanced quantitative skills in insurance pricing and risk analysis. • Experience in catastrophe risk management including rating, underwriting, and reinsurance strategy. • Knowledge of climate change impacts on insurance-related risks and familiarity with emerging modeling practices. 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 $94,458.00 - USD $179,048.00 /Yr.

Job Description Join our team as an Actuarial Analyst, where you will use your expertise in mathematics, probability, statistics, and business principles to support a variety of actuarial functions, including rating and pricing, valuation, healthcare economics, and financial forecasting. Working closely with a team of actuaries, you will contribute to the actuarial aspects of health programs, ensuring a collaborative and comprehensive approach. You will also provide technical support and guidance to key departments such as Network Management, Underwriting, Sales and Marketing, and Finance, helping to drive informed decisions and organizational success. Salary Range At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs. Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs. *Based on annual corporate goal achievement and individual performance. $81,068.00 - $129,708.00 Skills Actuarial Analysis, Actuarial Science, Analytical Support, Data Analysis, Data Verification, Experience Studies, Report Processing, Reports Analysis, Research Analysis, Researching_____________________________________________________________________ JOB ALERT FRAUD: We have become aware of scams from individuals, organizations, and internet sites claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in return for disclosing financial information. Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All our career opportunities are published on https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC. If you have already provided your personal information that you suspect is fraudulent activity, please report it to your local authorities. Any fraudulent activity should be reported to: HR.Staffing@BCBSNC.com.

• Design and execute actuarial financial analyses for MSSP Accountable Care Organization (ACO) clients, including benchmark development, savings calculations, and risk score trends. • Lead rate development and rate review engagements for Medicare and other healthcare program clients, ensuring actuarial soundness and regulatory compliance. • Build and maintain robust actuarial models for medical cost projections, utilization trend analysis, and PMPM rate development. • Access, query, and analyze CMS Medicare claims data through the Chronic Conditions Warehouse Virtual Research Data Center (CCW VRDC) to support client analytics and population health studies. • Collaborate with data engineers and data scientists to leverage Innovaccer's health data platform for enhanced analytics capabilities. • Serve as actuarial lead on client engagements, presenting findings and recommendations to health plan and provider organization leadership. • Ensure all work products comply with applicable CMS regulations, Actuarial Standards of Practice (ASOPs), and the Actuarial Code of Professional Conduct. • Mentor senior actuarial analysts and review their work products for technical accuracy and compliance. • Contribute to the development of new actuarial service offerings and internal intellectual property. • Support business development activities including proposal writing, client presentations, and thought leadership content.

• Compile, clean, and validate healthcare claims and enrollment data for use in actuarial analyses. • Assist with medical cost and utilization analyses, including trend calculations, PMPM reporting, and benchmark comparisons. • Support rate development and rate review work by preparing data exhibits, trend summaries, and documentation under the direction of senior staff. • Maintain and update actuarial models and exhibits under the direction of senior staff. • Write and maintain SQL queries and data scripts to extract and manipulate data from healthcare claims databases. • Prepare exhibits, tables, and supporting documentation for client deliverables and internal reports. • Research CMS program guidelines, rate notices, and policy updates to support team knowledge. • Participate in internal training sessions and support knowledge sharing across the actuarial team. • Actively pursue actuarial exam progress with support from the company's study program.