This job ad has been posted over 40 days ago...
0

applicants

Full-time Senior Associate Actuary

at KLM Careers in New Jersey



The Senior Associate Actuary will become an integral part of our Personal Lines Pricing team. This role involves collaborating with fellow actuaries and colleagues across the company to tackle significant business challenges. The Actuarial department at NJM is focused on delivering insights and analysis to address complex business problems, encompassing teams such as Personal Lines Pricing, Commercial Lines Pricing, Reserving, and Predictive Analytics.

Company Culture and Environment

NJM fosters a collaborative and analytical work environment where employees are encouraged to engage with one another to solve business challenges. The culture emphasizes teamwork, professional development, and a commitment to excellence in actuarial practice.

Career Growth and Development Opportunities

As part of the Actuarial team, there are numerous opportunities for professional growth through exposure to various projects and collaboration with skilled colleagues. Your contributions will directly impact the company’s strategic decisions, paving the way for career advancement within the organization.

Detailed Benefits and Perks

Hybrid work model with flexible on-site and telecommuting options.
Opportunities to work on diverse projects that enhance professional skills.
Collaborative team environment that values input from all members.

Compensation and Benefits

Competitive salary commensurate with experience.
Comprehensive health, dental, and vision insurance.
Retirement savings plan with company matching.
Generous paid time off and vacation policy.

Why you should apply for this position today

This position offers a unique opportunity to contribute to meaningful projects that influence the company’s pricing strategies. By joining our team, you will be at the forefront of critical pricing studies and analysis that drive the success of our Auto and Homeowners insurance products.

Skills

Strong analytical skills with the ability to interpret complex data.
Proficiency in statistical software and actuarial modeling techniques.
Excellent communication skills for presenting findings to stakeholders.
Ability to work collaboratively with cross-functional teams.
Proficient in evaluating pricing strategies and market trends.

Responsibilities

Conduct pricing studies to assess the profitability of Auto and Homeowners insurance products.
Present findings to the Executive Leadership Team (ELT).
Analyze rating variables and recommend pricing adjustments.
Perform competitor analysis to stay informed on market trends.
Collaborate with the Predictive Analytics team on modeling initiatives.
Work with Marketing to enhance advertising return on investment.
Analyze usage-based insurance (UBI) data for pricing recommendations.
Conduct trend analysis to track changes in claims frequency and severity.
Assess the impact of crash-avoidance technology on Auto insurance claims.

Qualifications

Minimum of 7 years of property and casualty actuarial experience.
ACAS or FCAS credential preferred.
Strong background in actuarial science or related fields.

Education Requirements

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or a related major.

Education Requirements Credential Category

ACAS or FCAS credential.

Experience Requirements

7+ years of relevant actuarial experience in pricing and analysis.
Proven track record of working collaboratively in a team environment.

Why work in Mercer County, NJ

Mercer County offers a unique blend of suburban charm and urban amenities, making it an ideal location to live and work. With access to a vibrant cultural scene, numerous parks, and outdoor activities, residents enjoy a balanced lifestyle. The community is well-connected, providing easy access to major cities, enhancing both personal and professional opportunities.
Employment Type: Full-Time
Education Level: Bachelor's degree

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 Bachelor’s 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.
Reference : Senior Associate Actuary jobs


Recent jobs at KLM Careers
Full-time Survey Manager at KLM Careers in Indiana 02-11-2024
Full-time Metallurgist at KLM Careers in New York 02-11-2024
Full-time Mill Superintendent at KLM Careers in New York 02-11-2024
Full-time Consultant - Risk Consulting at KLM Careers in Connecticut 02-11-2024
Full-time Process Engineer - Press at KLM Careers in Wisconsin 02-11-2024

« Go back to category
Is this job ad fake? Report it!   
Recommend to a friend
Published at 14-10-2024
Viewed: 22 times