Actuarial Analyst

About the role

The position is in the Actuarial Reserving department. The employee would assist in reserving all lines of business, financial reporting, and special projects. Special projects include pattern reviews, line of business studies, retrocession submissions, and opportunities to improve processes.

Responsibilities

• Cook up and maintain detail loss development triangles for all lines of business
• Develop and monitor multiple loss development factors
• Analyze loss characteristics
• Solve complex problems and develop innovative approaches with minimal supervision
• Build and refurbish tools and models to streamline business processes and workflows
• Operate as an effective team member by supporting projects that support the broader actuarial team
• Support the centralized regulatory services group as needed for product initiatives and filings
• Prepare financial statements and reports and management reports
• Support group strategy initiatives
• Aid in annual planning and budget process
• Help develop AI capabilities to improve process efficiency and sophistication
• Maintain SOX control documentation

Requirements

• 3-5 years of Actuarial experience
• At least 3 Actuarial exams preferable
• Excellent quantitative, analytical and problem-solving skills
• Strong verbal and written communication skills
• Proficiency in MS Office products
• Programming knowledge (VBA, SQL, or others) strongly preferable
• Ability to work efficiently independently and in a group setting
• Ability to manage time effectively, prioritize tasks, and consistently meet deadlines

Qualifications

• 3-5 years of Actuarial experience
• At least 3 Actuarial exams preferable
• Excellent quantitative, analytical and problem-solving skills
• Strong verbal and written communication skills
• Proficiency in MS Office products
• Programming knowledge (VBA, SQL, or others) strongly preferable
• Ability to work efficiently independently and in a group setting
• Ability to manage time effectively, prioritize tasks, and consistently meet deadlines

Skills

• Actuarial experience
• MS Office proficiency
• Programming skills (VBA, SQL, etc.)
• Problem-solving and analytical skills
• Communication skills

Benefits

• Comprehensive benefits package including medical, dental, vision, and prescription drug coverage
• Competitive 401k with generous matching
• Paid time off starting at 20 days per year
• Up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
• Basic Life and AD&D Insurance as well as Short and Long-Term Disability
• Paid Parental Leave of up to 10 weeks
• Student Loan Assistance and Tuition Reimbursement
• Backup Child and Elder Care
• More details available on the company's website

Pay

Range is $100,000 - $134,000/year. Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs.

Schedule

The role is based in the Morristown, NJ office.