Actuarial Analyst

MSIG USA; New Jersey; On-site; USD 70,000 - 80,000; Full time

Benefits offered by this job

Comprehensive medical, dental, and vision coverage

401(k) with employer match

Wellness incentive program

Tuition reimbursement program

Job summary

MSIG USA, based in New Jersey, seeks an experienced Actuary to analyze data trends, develop actuarial models, and collaborate across teams. The ideal candidate has a Bachelor’s in a related field and 3+ years of experience, preferably progressing toward an ASA designation.

Competitive salary ranges from $70,000 to $80,000 annually, alongside a performance-based bonus and robust benefits including health coverage, 401(k), and paid time off.

Qualifications

• 3+ years of actuarial or related analytical experience preferred.
• Progress toward actuarial designation (e.g., ASA) strongly preferred.
• Ability to manage multiple priorities and deliver accurate work under deadlines.

Responsibilities

• Analyze large datasets to identify trends and assess risk.
• Develop and maintain actuarial models for pricing and reserving.
• Support pricing and rate change studies, rate filings, and profitability analyses.
• Collaborate with underwriting and finance teams for actuarial insight.

Skills

Analytical skills

Communication skills

Excel proficiency

R proficiency

Python proficiency

SQL proficiency

SAS proficiency

Problem-solving skills

Education

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Data Science, or a related field

Tools

Data visualization tools

Tableau

Power BI

Job description

MSIG USA is the U.S.-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer with A+ ratings. Leveraging our 350‑year heritage, MSIG USA offers commercial insurance solutions that address business risk with strong financial strength, expertise, and a global footprint.

Key Responsibilities

• Analyze large datasets to identify trends, assess risk, and support actuarial assumptions.
• Develop and maintain actuarial models for pricing, reserving, and forecasting.
• Execute individual account pricing and MGA delegated authority reviews.
• Support pricing and rate change studies, rate filings, and profitability analyses, as well as reserving, financial planning, and risk modelling.
• Collaborate with underwriting, finance, and product teams to provide actuarial insight.
• Automate and streamline reporting processes and data workflows, including developing our corporate data bases.
• Develop predictive claims and pricing models to improve pricing, claims management, and business insights.
• Prepare and present findings to actuarial and business leadership.
• Ensure compliance with regulatory and internal standards.

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Data Science, or a related field.
• 3+ years of actuarial or related analytical experience preferred.
• Progress toward actuarial designation (e.g., ASA) strongly preferred.
• Proficiency in Excel and at least one actuarial/statistical tool such as R, Python, SQL, or SAS.
• Strong analytical, problem‑solving, and communication skills.
• Ability to manage multiple priorities and deliver accurate work under deadlines.

Preferred Experience

• Knowledge of insurance products and actuarial techniques in P&C specialty commercial national accounts.
• Familiarity with data visualization tools (e.g., Tableau, Power BI) a plus.

Why Join MSIG USA?

At MSIG USA, strength comes from experience and vision. We are focused on innovation that matters—data‑driven, client‑focused, and built for long‑term impact. You’ll join a company that values performance, integrity, and purposeful growth, and your role here is more than a job—it’s a commitment to delivering excellence alongside a high‑performing, collaborative team.

Competitive Compensation Package Includes

• Competitive salary commensurate with experience along with a performance‑based bonus.
• Salary range: $70,000 – $80,000 per year, adjusted for experience, location, and other factors.

Additional Benefits

• Comprehensive medical, dental, and vision coverage.
• 401(k) with generous employer match and profit‑sharing contribution.
• Wellness incentive program.
• Life and accidental death and dismemberment (AD&D) insurance.
• Flexible spending programs.
• Short‑term and long‑term disability plans.

Additional Benefit Programs

• Paid time off program.
• Paid charitable leave.
• Paid parental leave.
• Tuition reimbursement program.
• Personal insurance (auto/homeowners) discounts.

It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.