Actuarial Jobs in New Jersey
An Actuary in the insurance industry plays a crucial role in managing risk. They use mathematics, statistics, and financial theory to study uncertain future events, especially those concerning insurance and pension programs. They help design insurance policies, pension plans, and other financial strategies by estimating the likely economic impact of various events such as sickness, accidents, natural disasters, and retirement. Actuaries are tasked with determining the potential financial risks of these events and advising companies on how to minimize such risks.
Actuaries must possess strong analytical skills, business knowledge, and an understanding of human behavior to design and implement business strategies. They typically need to have a bachelor's degree and must pass a series of exams to become certified professionals. The two primary actuarial societies in the U.S. are the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). To become an Actuary, a person could have roles such as an Actuarial Intern or Actuarial Analyst. They might also come from a background in Data Analysis or Statistics. The progression to becoming an Actuary requires rigorous exam preparation and practical experience in the field.
Assistant Vice President & Actuary
- Whitehouse Station, NJ
- 11 hours ago
- Whitehouse Station, NJ
- 11 hours ago
With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse...
This Assistant Vice President, Valuation Actuary is part of the Global Life Actuarial Team, with presence in Hong Kong, Singapore, and Jersey City, that oversees in-country actuarial functions for Chubb...
Qualifications Bachelors Degree required, preferably in Mathematics or Actuarial Science. Minimum of three years of experience in the Property/Casualty Insurance industry....
Advanced actuarial modeling skills in open platforms such as Prophet or AXIS Familiarity with traditional life, LTC, deferred annuities, including fixed, equity-indexed and/or variable annuities, pensions...
The Actuarial Analyst II completes projects and performs complex actuarial studies....
Participate in cross-functional teams and projects, sharing best practices in actuarial methods....
and Reporting: Monitor portfolio rate change, pricing adequacy and underwriting mix change on new and renewal business to guide Program Managers and make informed decisions Actuarial Studies: Analyses...
This role supports loss-rated and loss-sensitive casualty business across Commercial, including workers compensation, general liability, and commercial auto....
pricing assumptions, methodologies, and best practices Work closely with senior leadership to align product design and pricing with overall business objectives Perform ad hoc analysis and provide actuarial...
environment Proven ability to generate revenue Track record of success in managing and growing client relationships Deep understanding and expert knowledge in all aspects of employee benefit plan design, underwriting...
Healthcare Financial/Actuarial Associate Director
- Short Hills, NJ
- 12 days ago
- Short Hills, NJ
- 12 days ago
you will be a key member of the Financial Actuarial & Analytics (FAA) Community of Expertise....
Actuarial Society...
. - At least 4 years of P&C actuarial experience - A Bachelors degree in Actuarial Science, Mathematics, Statistics, Economics, or related major - Excellent verbal and written communication skills -...
. - At least 7 years of P&C actuarial experience - A Bachelors degree in Actuarial Science, Mathematics, Statistics, Economics, or related major - Excellent verbal and written communication skills -...
The Senior Actuarial Analyst may be expected to train, mentor, and develop entry level actuarial analysts, overseeing project responsibilities and performance management....
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Salary for Actuarial Jobs in New Jersey
Highest Education Level
Actuarials in New Jersey offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Actuarial position
- Statistical Analysis System
- General Liability
- Property and Casualty Insurance
- Personal Lines
- Annuities
- Commercial Insurance
- Employee Benefits
- Underwriting
- Claims
- Generally Accepted Accounting Principles
- Financial Services
- Fraud Investigation
- Medicaid
- Medicare
- Client Services
- Financial Reporting
- Sales & Marketing
- Estimating
- Reimbursement
- Product Development
- Microsoft Power BI
- Tableau
- Risk Management
- Relationship Management
- Finance
- Python
- Military Background
- SQL
- Analytical Skills
- Decision Making
- Written Communication
- Consulting
- Presentation
- Flexibility
- Mentoring
- Documentation
- Data Analysis
- Reporting
- Employee Development
- Collaboration
- Coaching
- Bachelor's Degree
- Sales
- Critical Thinking
- Problem Solving
- Project Management
- Microsoft Office
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Research Skills
- Scheduling
- Leadership
- Communication Skills
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