Actuarial Analyst — Pricing & Data Analytics

Aon; Woodbury (NJ); On-site; USD 75,000 - 90,000; Full time

Benefits offered by this job

PTO & paid holidays

401(k) with match

Health & wellness programs

Job summary

NFP, an Aon company, is seeking an Actuarial Analyst to analyze claims and risk data, develop actuarial models, projecting costs and liabilities, and supporting underwriting and reinsurance decision-making. The role combines technical actuarial work with data analysis to help evaluate risk exposure, pricing, reserves, and program performance.

The position requires strong Excel skills, academic credentials, and progress toward actuarial credentials.

Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, economics, finance, or another quantitatively rigorous field.
• Cumulative GPA of 3.5 or higher.
• Completion of two or more actuarial exams.
• At least one actuarial internship or other directly relevant analytical experience.

Responsibilities

• Analyze medical claims, membership, pricing, and underwriting data to identify trends and support business decisions.
• Conduct actuarial research and experience studies, applying actuarial methods to develop and refine pricing assumptions.
• Evaluate provider network discounts and performance and develop network and PPO factors used in rating.
• Develop pricing for medical, dental, and vision benefit plans and partner with Underwriting to evaluate plan designs.
• Support the review and ongoing refinement of manual rates, trend assumptions, and other pricing factors.
• Contribute to the development and pricing of new products and benefit offerings.
• Perform loss-ratio and financial analyses to evaluate business performance and emerging experience.
• Present findings and recommendations clearly to actuarial, underwriting, and other business partners.
• Take increasing ownership of projects and decisions while receiving guidance and mentorship from experienced team members.

Skills

Communication skills

Analytical skills

Leadership

Collaboration

Internship experience

Education

Bachelor's degree in actuarial science or related field

GPA 3.5 or higher

Two or more actuarial exams

Actuarial internship or relevant experience

Tools

Microsoft Excel

SQL

Python

AI-enabled analytical tools

Job description

NFP, an Aon company, is seeking an Actuarial Analyst to analyze claims and risk data, develop actuarial models, projecting costs and liabilities, and supporting underwriting and reinsurance decision-making. The role combines technical actuarial work with data analysis to help evaluate risk exposure, pricing, reserves, and program performance.

The position requires strong Excel skills, academic credentials, and progress toward actuarial credentials.