Senior Associate Actuary
job description
Senior Associate Actuary
West Trenton, New Jersey - Hybrid
Must be a US Citizen or Green Card holder.
The client seeks a Senior Associate Actuary to join our Personal Lines Pricing team.
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 and Homeowners insurance products. Present results to the Executive Leadership Team (ELT).
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 usage-based 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 crash-avoidance technology on Auto insurance claims.
This is a hybrid position with some on-site and telecommuting availability each week.
Required Knowledge, Skills, and Abilities:
(Hiring Companies ATS Questions):
1. Do you have at least 7 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 or FCAS credential.
4. Must be a US Citizen or Green Card holder.