Actuarial Analyst II

3 weeks ago


Trenton, New Jersey, United States KLM Careers Full time
About Actuarial

KLM Careers is seeking a highly skilled Actuarial Analyst II to join our team. The Actuarial department provides critical insight and analysis to help solve complex business problems.

Role and Responsibilities

As an Actuarial Analyst II, you will collaborate with other actuaries and colleagues across the company to solve important business problems. Your responsibilities will include:

  • Performing pricing studies to evaluate the profitability of our Auto, Homeowners, and Workers Compensation insurance products.
  • Analyzing rating variables and recommending pricing changes.
  • Performing competitor analysis to maintain awareness of pricing and product developments in the marketplace.
  • Collaborating with the Predictive Analytics team on modeling projects.
  • Partnering with Marketing to help drive higher returns on advertising expenditures.
  • Analyzing usage-based insurance (UBI) data and offering recommendations on pricing changes.
  • Performing trend analysis to understand changes in the frequency and severity of insurance claims.
  • Analyzing the impact of crash-avoidance technology on Auto insurance claims.
Requirements

To be successful in this role, you will need:

  • At least 2 years of P&C actuarial experience.
  • A Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related major.
  • An interest in pursuing the ACAS and FCAS credential from the Casualty Actuarial Society.
  • Must be a US Citizen or Green Card holder.

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