Please login/register to apply for this job.
30 Nov 2023

Full-Time Associate Actuaries (ID-5420)

MyNiceJob – Posted by mynicejob Trenton, NJ

Job Description

 4 Years
 Bachelor’s degree



  • seeks Associate Actuaries to join our Personal Lines Pricing and Commercial Lines Pricing teams.


  • 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.


  • 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.


  • At least 4 years of P&C actuarial experience.
  • A Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or related major.
  • Excellent verbal and written communication skills.
  • ACAS credential.

Must have:

  • Minimum of 4 years’ experience in P&C (Property and Casualty Insurance)
  • ACAS credential


Additional information:


  • BONUS: Incentive bonus eligible for 2024 (paid in 2025)
  • INTERVIEW PROCESS: 1st Phone Screen with Manager, 2nd Phone Screen with HR, (3rd May be Final Round) then on site for ½ day of team meetings.
  • Hybrid: NJM offers a Hybrid Schedule of 3 days onsite and 2 days remote (Onsite Monday, Tuesday and Thursday each week, with Wednesday and Friday WFH)

Job Categories: Miscellaneous/Other Occupations (Not Elsewhere Classified). Job Types: Full-Time. Salaries: Open to discuss.


Apply for this Job