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Associate Actuaries Location: US-NJ-Trenton Jobcode: uv8lbi Email Job
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Client company is seeking Associate Actuaries to join our Personal Lines Pricing and Commercial Lines Pricing teams.
This is a hybrid position with some on-site and telecommuting availability each week.
ABOUT ACTUARIAL: The Actuarial department at client 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 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.
QUALIFICATIONS: -At least 4 years of P&C actuarial experience. -A Bachelors degree in Actuarial Science, Mathematics, Statistics, Economics, or related major. -Excellent verbal and written communication skills. -ACAS credential.
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