Actuarial Analysts II

J&M Business Solutions LLC: Your Gateway to Direct Hire Opportunities
Welcome to J&M Business Solutions LLC, your trusted partner in finding direct hire employment opportunities. As a one-woman recruitment act, I specialize in connecting talented individuals like you with reputable clients seeking permanent or contract direct hires.
Unlike traditional staffing agencies, I operate on a unique principle: when a position is offered through J&M Business Solutions LLC, you won't work for me or through me. Instead, you'll directly engage with the client, whether as a permanent direct hire or a contract direct hire.
What sets us apart is our commitment to transparency and empowerment. When you secure a position through J&M Business Solutions LLC, you have the freedom to negotiate schedules, pay, and any potential benefits directly with the client. This ensures that your employment terms align perfectly with your preferences and priorities.
At J&M Business Solutions LLC, our mission is simple: to serve as your bridge to rewarding career opportunities while empowering you to take control of your professional journey. Partner with us today and unlock the doors to your next career move.
THIS IS A HYBRID WORK MODEL
OVERVIEW:
NJM Insurance Group (NJM) seeks Actuarial Analysts II to join our Personal Auto and Homeowners Insurance pricing teams.
ABOUT ACTUARIAL:
The Actuarial department at NJM provides insight and analysis to help solve business problems in support of the company's profitable growth.
The department consists of the following divisions: Personal Lines Pricing, Commercial Lines Pricing, Reserving, and Predictive Analytics.
ROLE AND RESPONSIBILITIES:
As an Actuarial Analyst II, 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 insurance products.
Perform analysis on 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 2 years of P&C actuarial experience.
A Bachelors degree in Actuarial Science, Mathematics, Statistics, Economics, or related major.
Excellent verbal and written communication skills.
Interest in pursuing the ACAS and FCAS credential from the Casualty Actuarial Society.
ABOUT NJM: Founded in 1913, 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.
NJM's mission is to provide value-based insurance solutions for the benefit of our policyholders while maintaining the highest levels of service, integrity, and financial stewardship.
Must have:
Minimum of 2 years experience in P&C (Property and Casualty Insurance) - Discretionary 7.5% of base salary
Will consider candidates that are in process of obtaining Actuarial Designation/Credentials
Nice to have:
ACAS and FCAS credential from the Casualty Actuarial Society