Arbella Appoints Lynellen Ramirez as Chief Actuary, Senior Vice President Research Analytics
QUINCY, Mass., March 22, 2018 – The Arbella Insurance Group is pleased to announce the appointment of Lynellen Ramirez to the position of chief actuary and senior vice president of research analytics. In her role, Ramirez is responsible for the Actuarial, Research Analytics, Data Scientist and Data Governance roles. Her department focuses on ratemaking, reserving, financial and statistical reporting, pricing, predictive modeling, and implementing the organization’s Data Strategy Initiative.
“Under Lynellen’s leadership, the actuarial department has moved away from a traditional service-providing, technical organization to a dynamic business partner,” said John Donohue, chairman, president and CEO of the Arbella Insurance Group. “On a daily basis, her team partners with Underwriting, Marketing, Product Development and Claim to shape the organization’s pricing strategy.”
Ramirez joined the Arbella Insurance Group in 1998 as a pricing supervisor in the actuarial department. Along with taking over the leadership of the department in 2008, she became the company’s appointed actuary and was named chief actuary in 2011. During her 20-year tenure with Arbella, Ramirez played a key role in developing pricing tiers and more sophisticated approaches to analyzing the profitability of Arbella products for both personal and commercial lines of business. Prior to joining Arbella, Ramirez was employed by The Hanover Insurance Group.
Ramirez majored in Actuarial Mathematics and received a Bachelor of Science degree in Business Administration from Bryant College. She is an Associate of the Casualty Actuarial Society and a member of the American Academy of Actuaries. She sits on multiple industry committees, currently chairing both the Actuarial and Loss Reserving Committees at CAR.
About the Arbella Insurance Group
About the Arbella Insurance Group Established in 1988, the Arbella Insurance Group (www.arbella.com) is a company with more than $800M in revenue with approximately $1.5B in assets, headquartered in Quincy, Massachusetts. Arbella is a customer-focused regional property and casualty insurance company, providing personal and business insurance in Massachusetts and Connecticut, and business insurance in Rhode Island and New Hampshire. Recognized as one of the Boston Business Journal’s “Best Places to Work” for nine consecutive years, Arbella is deeply committed to maintaining high levels of employee satisfaction and a positive workplace culture.
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