Associate Actuaries

What are we looking for in our Associate Actuaries?

Russell Tobin is looking to hire an Associate Actuaries to join our Personal Lines Pricing and Commercial Lines Pricing teams.

Job Title: Associate Actuaries 
Location: Trenton, NJ 08628
Perm
Base salary: $$107,000 - $136,000 plus Incentive bonus eligible

**Hybrid:  Hybrid Schedule of 3 days onsite and 2 days remote****

Must have:

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

ABOUT ACTUARIAL:

• The Actuarial department at client 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.

QUALIFICATIONS:

• 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.