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Actuarial Analysts II - Trenton, New Jersey, United States - Lighting Staffing Agency
Description
OVERVIEW:
The company is seeking an 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.
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 Bachelors 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.
Company 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.
Company Description:
Our main goal is sourcing to find the right applicants to fill the open jobs, that's listed on our website.
We also take time out to learn more about the candidates that's interested and very serious when it comes to landing the job.
We also focus on getting you prepared by making sure, you get a chance to have the opportunity to have an onsite schedule interview, to move forward within the client hiring process.