Job Title: Senior Actuarial Analyst
Location: Whitehouse Station, NJ
Responsibilities:
Produce comprehensive rate indications for different states and deliver key insights to actuarial and business management.
Work closely with product managers to devise detailed rate adjustments on a state-by-state basis, ensuring alignment with overall business objectives.
Assess the effects of proposed rate changes and communicate your findings through well-structured reports, presentations, and exhibits to management.
Transition existing Excel-based tools to Radar for more efficient rate analysis and implementation, enhancing productivity and accuracy.
Provide essential actuarial support for rate filings, ensuring compliance with regulatory requirements.
Engage in the annual nationwide Profitability Study to assess and report on the financial health of the company.
Contribute to the enhancement of processes by improving existing methods, creating new solutions, and modernizing tools to boost efficiency and effectiveness.
Qualifications:
At least four years of experience in pricing within the insurance industry, ideally with a focus on Personal lines.
Experience in creating automated rating calculations using tools like Radar, Python, R, or similar technologies is highly desirable.
Strong analytical abilities with a talent for clearly and effectively communicating analyses, financial results, and other work outputs, both verbally and in writing.
Exceptional attention to detail and organizational skills, with a proven track record of maintaining thorough documentation and accurate record-keeping.
Ability to work independently, offering innovative solutions and recommendations when faced with new challenges.
