Senior ociate Actuary

6 days ago


Trenton, United States KLM Careers Full time

Senior Associate Actuary

West Trenton New Jersey Hybrid

Must be a US Citizen or Green Card holder.

  • The client seeks a Senior Associate Actuary to join our Personal Lines Pricing team.

ABOUT ACTUARIAL:

  • The Actuarial department at NJM 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 usagebased 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 crashavoidance technology on Auto insurance claims.
  • This is a hybrid position with some onsite and telecommuting availability each week.

Required Knowledge Skills and Abilities: (Hiring Companies ATS Questions):

1. Do you have at least 7 years of P&C actuarial experience.
2. Do you have a Bachelors degree in Actuarial Science Mathematics Statistics Economics or related major.
3. Do you have ACAS or FCAS credential.

4. Must be a US Citizen or Green Card holder.


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