Lovefreedom Solution is Hiring an Actuarial Analysts II Near Trenton, NJ
Overview
NJM Insurance Group (NJM) seeks Actuarial Analysts II to join our Personal Auto and Homeowners Insurance pricing teams.
About Actuarial
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.
Role And Responsibilities
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 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.
Qualifications
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.
ABOUT NJM: Founded in 1913, NJM is a regional property and casualty insurer with a national reputation for auto claims satisfaction. NJM offers Auto, Homeowners, Renters, Condo, and Umbrella insurance to individuals in Connecticut, Maryland, New Jersey, Ohio, and Pennsylvania. NJM also offers Workers’ Compensation, Commercial Auto, Commercial Package and business owners insurance to businesses in Connecticut, Delaware, Maryland, New Jersey, New York, and Pennsylvania. NJM's mission is to provide value-based insurance solutions for the benefit of our policyholders while maintaining the highest levels of service, integrity, and financial stewardship. (RK) Skills: analytics,predictive analytics,insurance