Outsourcing company that provides benefits consulting is seeking Actuaries with 2 plus years of commercial lines rate reviews experience. The successful candidates will be involved in the financing design and administration of retirement benefit plans for companies with large complex benefit programs.
- Performs analysis of commercial lines rate reviews for both existing and proposed new lines of business and jurisdictions involving General Liability, Commercial Auto Liability, Workers Compensation, and BOP - Supports Primary Commercial Lines account pricing and financial analyses. Provides actuarial support for loss cost reviews, rate filings and other regulatory requirements - Maintains awareness of commercial lines industry and actuarial trends and applies this knowledge to enhance existing products and services and supports the creation of new ones - Collaborates with underwriting and actuarial staff to develop transparent and user-friendly commercial lines pricing models - Develops profitability and competitor analyses, contributes to ad hoc requests from commercial lines underwriting staff - Builds understanding of the pricing/rating of new products and creates clear and informative management reports as needed, maintains clear and detailed documentation of all projects - Proactively researches and implements actuarial pricing best practices to promote adequate and competitive premium as well as NJM business growth and retention targets
• EDUCATION: ASA or EA certificate - Educational background in Mathematics Economics Statistics Actuarial Science or related field
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