Senior Associate Actuary

2 weeks ago


Trenton, United States Parraway Recruitment Services Full time
OVERVIEW:

  • We are seeking a Senior Associate Actuary to join our Personal Lines Pricing team

ABOUT ACTUARIAL:

  • The 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 and Homeowners insurance products. Present results to the Executive Leadership Team (ELT)
  • 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
  • This is a hybrid position with some on-site and telecommuting availability each week

Requirements

QUALIFICATIONS:

  • At least 7 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
  • ACAS or FCAS credential


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