Senior Associate Actuary

OVERVIEW

• NJM Insurance Group (NJM) seeks a Senior Associate Actuary to join our Personal Lines Pricing team

ABOUT ACTUARIAL

• The Actuarial department at NJM 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 and Homeowners insurance products Present results to the Executive Leadership Team (ELT)
• 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 usagebased 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 crashavoidance technology on Auto insurance claims
• This is a hybrid position with some onsite and telecommuting availability each week

QUALIFICATIONS

• At least years of P&C actuarial experience
• A Bachelors degree in Actuarial Science Mathematics Statistics Economics or related major
• Excellent verbal and written communication skills
• ACAS or FCAS credential

ABOUT NJM Founded in NJM is a regional property and casualty insurer with a national reputation for auto claims satisfaction NJM offers Auto Homeowners Renters Condo and Umbrella insurance to individuals in Connecticut Maryland New Jersey Ohio and Pennsylvania

NJM also offers Workers Compensation Commercial Auto Commercial Package and Businessowners insurance to businesses in Connecticut Delaware Maryland New Jersey New York and Pennsylvania

NJMs mission is to provide valuebased insurance solutions for the benefit of our policyholders while maintaining the highest levels of service integrity and financial stewardship

,Actuarial,P&C,ACAS,FCAS