Summary
Overview
Work History
Education
Skills
Accomplishments
Certification
Work Preference
Timeline
Generic

Michael Petrarca

Hope,RI

Summary

Accomplished leader at Amica Mutual Insurance Company, adept in fostering high-performance teams and spearheading strategic initiatives that enhance efficiency. Excelled in relationship building and leveraging analytical tools for data-driven decisions. Achieved significant project successes through innovative problem-solving and effective risk management.


Overview

25
25
years of professional experience
1
1
Certification

Work History

Department Vice President

Amica Mutual Insurance Company
08.2019 - Current

Currently the Head of Research and Data Analytics within the Actuarial Department. This includes oversight responsibility of

  • Loss Reserves
  • Capital Modeling
  • Rating Plan Development
  • Competitive Intelligence
  • Rate Indications for all major lines.


In this role, I have

  • Cultivated strong relationships with key stakeholders, including customers, vendors, regulators, and community leaders to promote collaboration and long-term success.
  • Led cross-functional teams for the successful completion of major projects, resulting in increased efficiency and client satisfaction.
  • Demonstrated proficient leadership skills to motivate employees and build competent teams.
  • Collaborated with senior management to develop strategic initiatives and long term goals.

Senior Assistant Vice President

Amica Mutual Insurance Company
02.2015 - 08.2019
  • Responsible for Rating Plan Development and State Management for many of our larger states.
  • Personally handled statewide pricing and product for Florida and Massachusetts, two of our larger states.

Assistant Vice President

Amica Mutual Insurance Company
02.2006 - 02.2015
  • Worked closely with our Sales and Underwriting Teams to develop rate plans in key states.
  • Managed the Predictive Modeling Team, which was responsible for Rating Plan Development for all major lines of business.

Education

Master of Science - Mathematics

University of Rhode Island
Kingston

Bachelor of Science - Secondary Education

University of Rhode Island
Kingston, RI

Skills

  • Team leadership
  • Relationship building
  • Decision-making
  • Critical thinking
  • Microsoft Suite
  • Microstrategy
  • Teradata
  • SQL
  • Power BI
  • VBA
  • Arius

Accomplishments

Developed Homeowners Rating by Peril Model.

Lead the Development of Custom Insurance Score Model.

Built the Actuarial Loss Reserve Group.

Certification

Fellow of the Casualty Actuarial Society (FCAS)

Member of the American Academy of Actuaries (MAAA)

Work Preference

Work Type

Full Time

Work Location

On-SiteHybridRemote

Important To Me

Company Culture

Timeline

Department Vice President

Amica Mutual Insurance Company
08.2019 - Current

Senior Assistant Vice President

Amica Mutual Insurance Company
02.2015 - 08.2019

Assistant Vice President

Amica Mutual Insurance Company
02.2006 - 02.2015

Fellow of the Casualty Actuarial Society (FCAS)

Member of the American Academy of Actuaries (MAAA)

Master of Science - Mathematics

University of Rhode Island

Bachelor of Science - Secondary Education

University of Rhode Island
Michael Petrarca