Associate Actuaries
Associate Actuaries
Posted on :
09-10-2024
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Job Description
Associate Actuaries
West Trenton New Jersey Hybrid
Must be a US Citizen or Green Card holder.
- The client seeks Associate Actuaries to join our Personal Lines Pricing and Commercial Lines Pricing teams.
ABOUT ACTUARIAL:
- The Actuarial department at NJM provides insight and analysis to help solve complex business problems.
- The department consists of the following teams: Personal Lines Pricing Commercial Lines Pricing Reserving and Predictive Analytics.
ROLE AND RESPONSIBILITIES:
- As an Associate Actuary 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 Auto Homeowners and Workers Compensation insurance products.
- Analyze 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.
Required Knowledge Skills and Abilities: (Hiring Companies ATS Questions):
1. Do you have at least 4 years of P&C actuarial experience.
2. Do you have a Bachelors degree in Actuarial Science Mathematics Statistics Economics or related major.
3. Do you have ACAS credential.4. Must be a US Citizen or Green Card holder.
Remote Work :
No
Employment Type
Full Time
Key Skills
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