Actuarial Analysts II Job at KLM Careers, Mercer County, NJ

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  • KLM Careers
  • Mercer County, NJ

Job Description

Actuarial Analysts II

West Trenton, New Jersey - Hybrid

Must be a US Citizen or Green Card holder.

The client 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.

Required Knowledge, Skills, and Abilities: (Hiring Companies ATS Questions):

1. Do you have at least 2 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 a interest in pursuing the ACAS and FCAS credential from the Casualty Actuarial Society.

4. Must be a US Citizen or Green Card holder. (
Employment Type: Full-Time
Salary: $ 70,000.00 90,000.00 Per Year

Job Tags

Full time, Remote job,

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