Associate Actuaries Job at RennickBarrett Recruiting, INC, Trenton, NJ

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  • RennickBarrett Recruiting, INC
  • Trenton, NJ

Job Description

OVERVIEW:

  • Our clients seeks Associate Actuaries to join our Personal Lines Pricing and Commercial Lines Pricing teams.

ABOUT ACTUARIAL:

  • The Actuarial department 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.
  • This is a hybrid position with some on-site and telecommuting availability each week.

QUALIFICATIONS:

  • At least 4 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 credential.

Job Tags

Remote job,

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