Associate

LuxePro Talent
Trenton, NJ Full Time
POSTED ON 6/11/2024 CLOSED ON 7/7/2024

What are the responsibilities and job description for the Associate position at LuxePro Talent?

ROLE AND RESPONSIBILITIES :

As an Associate Actuary, 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 Auto, Homeowners, and Workers’ Compensation insurance products.
  • Analyze 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 4 years of P&C actuarial experience.
  • A Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or related major.
  • Excellent verbal and written communication skills.
  • ACAS credential.

The company offers Auto, Homeowners, Renters, Condo, and Umbrella insurance to individuals in Connecticut, Maryland, New Jersey, Ohio, and Pennsylvania.

The Company offers Workers’ Compensation, Commercial Auto, Commercial Package and Businessowners insurance to businesses in Connecticut, Delaware, Maryland, New Jersey, New York, and Pennsylvania.

The Company'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.

Last updated : 2024-06-11

Salary : $101,000 - $130,000

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