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

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