Posted in Science 30+ days ago.
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The Strategy & Product Development team within Group Insurance Actuarial is seeking a Senior Actuarial Associate who will be responsible for developing annual pricing strategy, supporting development of new pricing metrics and reporting processes, and assisting with new product development within Group Insurance. The successful candidate will demonstrate strong technical and communication skills, attention to detail, and will be responsible for collaborating with various business partners including Corporate Actuarial, Group Insurance Underwriting, Finance, and others.
Duties and Responsibilities:
•Participate in the development of pricing strategy including collaboration with senior leadership
•Provide support on projects related to quantification of financial performance such as quarterly new business reporting
•Develop tools to facilitate underwriting decisions and drive profitability through the use of new pricing metrics
•Develop data pipelines to compare actual underwriting results vs. planned performance in real-time
•Support new product development initiatives including product filings, rating tool development, and financial forecasting
•Bachelor’s Degree Required, preferably in a highly quantitative field such as Actuarial Science, Mathematics, Statistics, Physics, Engineering, or other
•3 or more Actuarial Exams preferred
•1 or more years of actuarial experience required
•Strong communication skills to be able to explain complex concepts to non-actuarial business partners
•Ability to multi-task
This position will report to the Director & Actuary of Pricing Strategy and Voluntary Product Development, Group Insurance. Preferred location in Roseland, NJ, with consideration for virtual locations.