Actuarial Analyst

  • 34634
  • Non-Life - Actuarial
  • |
  • New Jersey, United States
  • |
  • Jan 29, 2019
Insurance
RESPONSIBILITIES
  • Perform pricing and experience analyses, including communication of indications to business units and assessment of loss reduction options and/or state rate filings where applicable.
  • Attend and participate in meetings to review results and recommendations with Underwriting when appropriate.
  • Assist in providing front line pricing support to Field Underwriting, Corporate Underwriting and senior management as necessary.
  • Assist in provision to management of tools to drive appropriate policy level decision making. Provide front-line pricing support to business units on collaborative basis as needed.
  • Support strategic tools by monitoring changes to aggregate pricing levels and profitability through periodic analyses of the price monitor, planning/budgeting model and/or predictive modeling.
  • Evaluate and communicate results to supervisor, business units and senior management when appropriate.
  • Prepare special reports, data compilations, analysis of company and industry experience, as well as other ad hoc analysis requests.
  • Evaluate and communicate results when appropriate.
  • Assist in the maintenance of automated systems and pricing models.
  • Develop a foundational knowledge of the functions performed by the Actuarial Pricing function, and how the unit relates to other functional areas of the organization.
QUALIFICATIONS
  • Requires solid actuarial and analytical skills, along with a developing financial acumen.
  • Effective communication and interpersonal skills also required.
  • College Degree in Mathematics, Actuarial Science, Statistics or Economics preferred.
  • 2 years of Property/Casualty actuarial work experience.
  • Successful completion of at least 3 of the Casualty Actuarial Society examinations.