Actuarial Analysts II

• NJM Insurance Group (NJM) seeks Actuarial Analysts II to join our Personal Auto and Homeowners Insurance pricing teams.

• The Actuarial department at NJM provides insight and analysis to help solve business problems in support of the company s profitable growth.
• The department consists of the following divisions: Personal Lines Pricing Commercial Lines Pricing Reserving and Predictive Analytics.

• As an Actuarial Analyst II you will collaborate with other actuaries and colleagues across the company to solve important business problems. Potential projects include the following:
• Perform pricing studies to evaluate the profitability of our insurance products.
• Perform analysis on rating variables and recommend pricing changes.
• Perform competitor analysis to maintain awareness of pricing and product developments in
• the marketplace.
• Collaborate with the Predictive Analytics team on modeling projects.
• Partner with Marketing to help drive higher returns on advertising expenditures.
• Analyze usagebased insurance (UBI) data and offer recommendations on pricing changes.
• Perform trend analysis to understand changes in the frequency and severity of insurance.
• claims.
• Analyze the impact of crashavoidance technology on Auto insurance claims.
• This is a hybrid position with some onsite and telecommuting availability each week.

• At least 2 years of P&C actuarial experience.
• A Bachelor s degree in Actuarial Science Mathematics Statistics Economics or related major.
• Excellent verbal and written communication skills.
• Interest in pursuing the ACAS and FCAS credential from the Casualty Actuarial Society.

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