Actuarial Associate, Farmowners Pricing & Innovation

Maplecroft; Jersey City (NJ); On-site; USD 70,000 - 85,000; Full time

Job summary

A leading insurance firm is looking for an Actuarial Associate to join their Businessowners Actuarial Product team, focusing on Farmowners. The successful candidate will analyze and create pricing for insurance products, support product enhancements, and collaborate with cross-LOB initiatives. Familiarity with Farmowners insurance and strong analytical and communication skills are preferred. This role is key in innovative pricing strategies and enhancing coverage offerings.

Qualifications

• Familiarity with Farmowners insurance or similar coverages is strongly preferred.
• An understanding of coverage forms and language, rating rules, and the insurance market.

Responsibilities

• Analyze and create pricing for new and emerging insurance risks.
• Perform deep dives into pricing methodologies.
• Support the Farmowners program through ratemaking and loss cost reviews.

Skills

Analytical problem solving

Communication skills

Pricing methodologies

Familiarity with Farmowners insurance

Job description

A leading insurance firm is looking for an Actuarial Associate to join their Businessowners Actuarial Product team, focusing on Farmowners. The successful candidate will analyze and create pricing for insurance products, support product enhancements, and collaborate with cross-LOB initiatives. Familiarity with Farmowners insurance and strong analytical and communication skills are preferred. This role is key in innovative pricing strategies and enhancing coverage offerings.