Actuarial Analyst: Reserve & Rate Valuation

NJ Department of Banking and Insurance; Trenton (NJ); On-site; USD 90,000 - 130,000; Full time

Job summary

NJ Department of Banking and Insurance in Trenton seeks an experienced actuary to perform actuarial valuation of policy and loss reserves, and conduct financial and statistical analyses across life, health and property/casualty lines. The appointee will review rates, rules, and forms submissions and provide expert recommendations.

Candidates must hold an ASA or ACAS credential and meet the education/experience requirements described in the vacancy.

Qualifications

• Requires strong actuarial analysis and interpretation of data.
• Experience applying actuarial principles to valuation and rate/fom submissions.

Responsibilities

• Perform actuarial work related to valuation of policy and loss reserves.
• Conduct financial and statistical analyses across life, health, and property/casualty lines.
• Review rates, rules, and forms submissions for insurers.
• Provide expert recommendations and regulatory support.

Skills

Analytical ability

Statistical knowledge

Education

Bachelor's degree with math/statistics credits

ASA/ACAS credential

Job description

NJ Department of Banking and Insurance in Trenton seeks an experienced actuary to perform actuarial valuation of policy and loss reserves, and conduct financial and statistical analyses across life, health and property/casualty lines. The appointee will review rates, rules, and forms submissions and provide expert recommendations.

Candidates must hold an ASA or ACAS credential and meet the education/experience requirements described in the vacancy.