Jobs · Finance · New Jersey

Actuarial Analyst

Berkley Public Entity (a Berkley Company) · Morristown, NJ · 3 wk ago
Finance$70k–$110k/yrFull-time

Responsibilities

  • Prepare and analyze proprietary statistical data to support loss cost development, severity modeling, and other critical pricing considerations.
  • Support the enhancement and maintenance of pricing models, including clear communication of model updates and impacts.
  • Collaborate with Underwriting, IT, Operations, and Finance to ensure data integrity and accuracy across systems.
  • Aid in the development, maintenance, and distribution of actuarial reports and databases.
  • Support quarterly loss and expense reserve analyses, providing insights into emerging trends.
  • Analyze segments of the business to identify claim trends, profitability drivers, and opportunities for improvement.
  • Partner with the Pricing Actuary on ad hoc data requests and pricing analyses.
  • Contribute to additional actuarial and analytical initiatives as assigned.

Qualifications

  • 1-2 years’ actuarial experience strongly preferred.
  • Progress toward actuarial designation (minimum of 3 actuarial exams completed).
  • Advanced proficiency in Microsoft Excel.
  • Experience or exposure to programming and data tools such as Visual Basic, SQL (including SQL Server Reporting Services), R, or Python is a plus.
  • Strong analytical, organizational, and problem solving skills, with the ability to work effectively with complex data sets.

Educational Requirement

Bachelor’s degree in Mathematics, Actuarial Science, or a related quantitative discipline.

Additional Company Details

We do not accept any unsolicited resumes from external recruiting firms.

Benefits

  • Base Salary Range: $70,000 - 110,000
  • The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
  • Eligible to participate in the annual discretionary bonus program
  • Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.

Sponsorship Details

Sponsorship not Offered for this Role

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