Actuarial Jobs in Basking Ridge, NJ

An Actuary in the insurance industry plays a crucial role in managing risk. They use mathematics, statistics, and financial theory to study uncertain future events, especially those concerning insurance and pension programs. They help design insurance policies, pension plans, and other financial strategies by estimating the likely economic impact of various events such as sickness, accidents, natural disasters, and retirement. Actuaries are tasked with determining the potential financial risks of these events and advising companies on how to minimize such risks.

Actuaries must possess strong analytical skills, business knowledge, and an understanding of human behavior to design and implement business strategies. They typically need to have a bachelor's degree and must pass a series of exams to become certified professionals. The two primary actuarial societies in the U.S. are the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). To become an Actuary, a person could have roles such as an Actuarial Intern or Actuarial Analyst. They might also come from a background in Data Analysis or Statistics. The progression to becoming an Actuary requires rigorous exam preparation and practical experience in the field.

1-15 of 39 Jobs

Actuarial Analyst

  • Axis Capital Holdings LTD
  • Princeton, NJ (21 miles from Basking Ridge, NJ)
  • 3 hours ago
  • Princeton, NJ (21 miles from Basking Ridge, NJ)
  • 3 hours ago

Actuarial Analyst North American Programs Pricing Actuarial How does this role contribute to our collective success?...

In Person

Actuarial Analyst

  • Berkley
  • Morristown, NJ (8 miles from Basking Ridge, NJ)
  • 5 days ago
  • Morristown, NJ (8 miles from Basking Ridge, NJ)
  • 5 days ago

Interface with Underwriting and Actuarial departments to ensure data quality standards are met. Assist in the development/maintenance/distribution of actuarial reports and databases....

In Person

Actuarial Manager

  • Plymouth Rock Assurance
  • Woodbridge, NJ (16 miles from Basking Ridge, NJ)
  • 5 days ago
  • Woodbridge, NJ (16 miles from Basking Ridge, NJ)
  • 5 days ago

QUALIFICATIONS Bachelors degree in Actuarial Science, Mathematics, Statistics, Economics, or related field. 5+ years of actuarial experience in a similar professional environment; Prior management experience...

In Person

Senior Actuarial Manager

  • Plymouth Rock Assurance
  • Woodbridge, NJ (16 miles from Basking Ridge, NJ)
  • 5 days ago
  • Woodbridge, NJ (16 miles from Basking Ridge, NJ)
  • 5 days ago

Fellow or near-Fellow, Casualty Actuarial Society (FCAS or near-FCAS)....

In Person

Actuarial Assistant (Hybrid)

  • Selective Insurance Company of America
  • Short Hills, NJ (12 miles from Basking Ridge, NJ)
  • 7 days ago
  • Short Hills, NJ (12 miles from Basking Ridge, NJ)
  • 7 days ago

Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years....

Hybrid

Actuarial Director Rate Filings

  • Oliver James
  • Morristown, NJ (8 miles from Basking Ridge, NJ)
  • 14 days ago
  • Morristown, NJ (8 miles from Basking Ridge, NJ)
  • 14 days ago

Skills, Knowledge & Ability: Knowledge of actuarial techniques and standards Bachelor's degree 7+ years of experience preparing and submitting property and casualty insurance rate filing for bureau...

In Person

Senior Actuarial Consultant - Pricing

  • CNA Financial Corp.
  • Warren, NJ (4 miles from Basking Ridge, NJ)
  • 19 days ago
  • Warren, NJ (4 miles from Basking Ridge, NJ)
  • 19 days ago

Proactively monitors profitability/reserving and claim trends and shares results with recommendations to leaders and underwriting partners/ claim, underwriting and pricing business partners....

Hybrid

Actuarial Manager, Pricing Tools

  • Munich Re
  • Princeton, NJ (21 miles from Basking Ridge, NJ)
  • 21 days ago
  • Princeton, NJ (21 miles from Basking Ridge, NJ)
  • 21 days ago

Champion a user-centered approach to tool design, ensuring interfaces are intuitive, efficient, and effective for underwriting and actuarial users....

In Person

Senior Actuarial Analyst

  • Arch Insurance Group
  • Morristown, NJ (8 miles from Basking Ridge, NJ)
  • 22 days ago
  • Morristown, NJ (8 miles from Basking Ridge, NJ)
  • 22 days ago

Frequent collaboration with underwriting, claims, legal, and finance departments would occur....

Hybrid

Actuarial Analyst

  • Arch Insurance Group
  • Morristown, NJ (8 miles from Basking Ridge, NJ)
  • 22 days ago
  • Morristown, NJ (8 miles from Basking Ridge, NJ)
  • 22 days ago

Frequent collaboration with underwriting, claims, legal, and finance departments would occur....

Hybrid

Associate Actuary (Global Capabilities Modeling) Newark, NJ, USA

  • Prudential Financial, Inc.
  • Newark, NJ (20 miles from Basking Ridge, NJ)
  • 27 days ago
  • Newark, NJ (20 miles from Basking Ridge, NJ)
  • 27 days ago

Associate Actuary (Global Capabilities Modeling)

Hybrid Part Time

Senior Actuary

  • Everest Re Group
  • Warren, NJ (4 miles from Basking Ridge, NJ)
  • 30+ days ago
  • Warren, NJ (4 miles from Basking Ridge, NJ)
  • 30+ days ago

Develop, enhance, and maintain A&H pricing models and tools Partner with A&H management to evaluate new business opportunities and support growth initiatives Prepare and maintain actuarial databases...

In Person

Partner, Senior Health Actuary

  • Marsh & McLennan Companies, Inc.
  • Morristown, NJ (8 miles from Basking Ridge, NJ)
  • 30+ days ago
  • Morristown, NJ (8 miles from Basking Ridge, NJ)
  • 30+ days ago

findings and recommending strategies or solutions Provide high-level reviews of statements of actuarial opinion, underwritings, and other actuarial analyses and projections Contribute to business development...

Hybrid

Associate Actuary - Retail Property

  • American International Group
  • Parsippany, NJ (14 miles from Basking Ridge, NJ)
  • 45+ days ago
  • Parsippany, NJ (14 miles from Basking Ridge, NJ)
  • 45+ days ago

Work closely with the Chief Underwriting Office to develop pricing and underwriting strategies and identify pockets of opportunity for profitable growth as well as profitability-challenged areas....

In Person

Actuarial Manager

  • Munich Re
  • Princeton, NJ (21 miles from Basking Ridge, NJ)
  • 45+ days ago
  • Princeton, NJ (21 miles from Basking Ridge, NJ)
  • 45+ days ago

Reserving, Pricing, Risk Management, Underwriting, Controlling, Data Analytics) in the Property/Casualty Insurance Industry Profound knowledge of (re)insurance, as well as accounting, finance and financial...

In Person

Demographic Data for Basking Ridge, NJ

Moving to Basking Ridge, NJ? Find some basic demographic data about Basking Ridge, NJ below.


Local
National
27,912
647
Medium

Actuarial Online Courses and Training Opportunities

iHireInsurance curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
An Invitation to Probability Theory
Probability theory underpins critical decisions in data science, finance, actuarial science, and beyond. On this eight-week course from the University of Padova, youll explore key probability...
U.S. Insurance Industry Overview 101
This course examines U.S.-specific insurance business models such as individual health plans, group policies, term and whole life products, auto insurance, homeowners' insurance, commercial...
Insurance Analytics Training
Today, the insurance industry is in a highly regulated and competitive environment. Consumers pay premiums for getting insured, in exchange for the risk insurers take on their books. In pricing...

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Salary for Actuarial Jobs in Basking Ridge, NJ

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireInsurance research efforts.

Highest Education Level

Actuarials in Basking Ridge, NJ offer the following education background
Bachelor's Degree
53.8%
Master's Degree
22.5%
High School or GED
6.5%
Vocational Degree or Certification
6.1%
Associate's Degree
6.0%
Doctorate Degree
3.5%
Some College
1.4%
Some High School
0.2%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Actuarials in Basking Ridge, NJ
None
34.4%
2-4 years
18.8%
Less than 1 year
15.6%
4-6 years
12.5%
10+ years
9.4%
1-2 years
6.3%
8-10 years
3.1%


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