Associate Actuary

  • 33831
  • Non-Life - Actuarial
  • |
  • New Jersey, United States
  • |
  • Jun 27, 2018
Insurance
RESPONSIBILITIES
  • Assist various departments with state agency rate and rule filings.
  • Prepare filing recommendations for Actuarial Pricing team and develop efficient filing strategies for project rollouts.
  • Coordinate and assist in the response to state rate filing objections and help negotiate approvals.
  • Monitor and initiate ISO/NCCI filings for bureau rate and rule adoptions, including rate impact analysis.
  • Review and interpret property and casualty insurance regulations, bulletins and publications to help determine rate impact and compliance risks on business divisions.
  • Review actuarial assumptions and calculations relative to statewide indications, territorial indications and rating factor proposals.
  • Perform competitive analysis in support of rate filings.
  • Act as liaison to Statistical Reporting for data calls and inquiries that are actuarial in nature.
QUALIFICATIONS
  • The candidate must have a Bachelor’s degree - preferably in a related field i.e., Mathematics, Computer Science, Actuarial Science.
  • At least 5 years of casualty actuarial work experience is necessary. Primary pricing experience in admitted lines of business is strongly preferred.
  • The candidate should be an ACAS or near-ACAS.
  • Highly effective written and verbal communication skills.
  • Detail oriented with excellent time management and organizational skills.
  • Builds trusting relationships and works effectively with underwriters.
  • Proficiency with Microsoft Office products.
  • Working knowledge of database tools and languages, e.g. Microsoft Access, Cognos, SQL.
  • Proficiency with SERFF, iFile, researching the internet.