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Actuarial Analysts II
My Support Staff Trenton, NJ
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$85k-104k (estimate)
Full Time 1 Week Ago
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My Support Staff is Hiring an Actuarial Analysts II Near Trenton, NJ

Job Description

Job Description

Experience Level: Mid-Senior

Experience Required: 2 Years

Education Level: Bachelor's Degree

Job Function: Finance

Industry: Insurance

Total Positions: 1

Relocation Assistance: No

Visa Sponsorship Eligibility: No

Overview:

A leading insurance company seeks Actuarial Analysts II to join its Personal Auto and Homeowners Insurance pricing teams.

About Actuarial:

The Actuarial department provides insight and analysis to solve business problems, supporting profitable growth. The department includes Personal Lines Pricing, Commercial Lines Pricing, Reserving, and Predictive Analytics.

Role and Responsibilities:

As an Actuarial Analyst II, you will collaborate with colleagues across the company to solve important business problems. Projects may include:

  • Conducting pricing studies to evaluate insurance product profitability.
  • Analyzing rating variables and recommending pricing adjustments.
  • Performing competitor analysis to stay informed of market pricing and product developments.
  • Collaborating with the Predictive Analytics team on modeling projects.
  • Partnering with Marketing to optimize advertising return on investment.
  • Analyzing usage-based insurance (UBI) data and recommending pricing changes.
  • Performing trend analysis to understand changes in insurance claim frequency and severity.
  • Analyzing the impact of crash-avoidance technology on auto insurance claims.

This is a hybrid position with some on-site and remote work options.Requirements

Qualifications:

  • At least 2 years of Property & Casualty (P&C) actuarial experience.
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field.
  • Excellent verbal and written communication skills.
  • Interest in pursuing the ACAS and FCAS credentials from the Casualty Actuarial Society.

Job Summary

JOB TYPE

Full Time

SALARY

$85k-104k (estimate)

POST DATE

05/02/2024

EXPIRATION DATE

05/15/2024

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