Actuarial Jobs in Edison, 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 40 Jobs

Actuarial Analyst

  • Jersey City, NJ (22 miles from Edison, NJ)
  • 13 hours ago
  • Jersey City, NJ (22 miles from Edison, NJ)
  • 13 hours ago

products and procedures for Commercial General Liability and Excess/Umbrella Collaborate closely with other departments on new products that may be actuarial or underwriting focused Maintain a high...

Life and Annuity Actuarial Analyst

  • Holmdel, NJ (15 miles from Edison, NJ)
  • 5 days ago
  • Holmdel, NJ (15 miles from Edison, NJ)
  • 5 days ago

and Immediate Annuities....

Actuary Sr

  • Princeton, NJ (17 miles from Edison, NJ)
  • 6 days ago
  • Princeton, NJ (17 miles from Edison, NJ)
  • 6 days ago

Complete actuarial analyses which may include ultimate loss projections, monitoring of loss development, quantitative and qualitative portfolio analysis, and research projects....

Senior Actuary, Insurance Reserving

  • Jersey City, NJ (22 miles from Edison, NJ)
  • 6 days ago
  • Jersey City, NJ (22 miles from Edison, NJ)
  • 6 days ago

Expertise in actuarial analysis and modelling techniques relevant to insurance reserving within general insurance environments....

Senior Assistant Actuary

  • Whitehouse Station, NJ (20 miles from Edison, NJ)
  • 12 days ago
  • Whitehouse Station, NJ (20 miles from Edison, NJ)
  • 12 days ago

Develop and maintain appropriate rating plans and provide actuarial support for required rate filings....

Manager, Actuarial (Hybrid)

  • Newark, NJ (19 miles from Edison, NJ)
  • 12 days ago
  • Newark, NJ (19 miles from Edison, NJ)
  • 12 days ago

As a member of the Annuity Calculation Management team, the Manager, Actuarial will perform multiple functions within their area....

VP & Actuary, Claims Actuarial Insights

  • Whitehouse Station, NJ (20 miles from Edison, NJ)
  • 13 days ago
  • Whitehouse Station, NJ (20 miles from Edison, NJ)
  • 13 days ago

Claims Actuarial Insights strives to empower claims professionals with actionable intelligence....

Actuarial Consultant, Pricing (Medical Malpractice)

  • Warren, NJ (9 miles from Edison, NJ)
  • 13 days ago
  • Warren, NJ (9 miles from Edison, NJ)
  • 13 days ago

As determined by CNA and depending on the applicant's experience and/or qualifications, candidates may be hired into one of two Actuarial positions: Actuarial Analyst or Actuarial Consultant....

Manager Actuarial and Analytics - Workers Compensation Reserving

  • Morristown, NJ (18 miles from Edison, NJ)
  • 14 days ago
  • Morristown, NJ (18 miles from Edison, NJ)
  • 14 days ago

areas: Actuarial and/or research methods Advanced statistical analyses Broad business knowledge In-depth Line of Business knowledge Awareness of enterprise Actuarial & Analytics community This role...

AVP, Actuary

  • Morristown, NJ (18 miles from Edison, NJ)
  • 20 days ago
  • Morristown, NJ (18 miles from Edison, NJ)
  • 20 days ago

Minimum of 5-7 years of experience in the Property/Casualty Insurance industry. Public Entity sector experience preferred. Primary focus on the Pricing Practice area preferred....

Actuary, Insurance - Financial & Specialty Lines

  • Warren, NJ (9 miles from Edison, NJ)
  • 21 days ago
  • Warren, NJ (9 miles from Edison, NJ)
  • 21 days ago

and enhancement of rating models Planning and portfolio strategy Portfolio price and risk monitoring New product development Qualifications, Education & Experience: 5-7 years of experience in the property-casualty...

Actuarial Associate (Group Insurance) (Hybrid)

  • Newark, NJ (19 miles from Edison, NJ)
  • 21 days ago
  • Newark, NJ (19 miles from Edison, NJ)
  • 21 days ago

Job Classification: Actuarial - Actuarial At Prudential, we believe talent is key to achieving our vision....

SVP Actuary

  • Morristown, NJ (18 miles from Edison, NJ)
  • 22 days ago
  • Morristown, NJ (18 miles from Edison, NJ)
  • 22 days ago

Present analysis to clients and reinsurance markets, acting as both a client advocate and actuarial advisor. Drive internal actuarial and strategic projects with minimal supervision....

Chief Casualty Actuary 3, M-5

  • New York City, NY (24 miles from Edison, NJ)
  • 24 days ago
  • New York City, NY (24 miles from Edison, NJ)
  • 24 days ago

Duties include, but are not limited to, the following: Supervises and performs reviews and analyses of various types of property and casualty actuarial functions: Actuarial Opinion ("SAO"), Actuarial...

Senior Actuary

  • Warren, NJ (9 miles from Edison, NJ)
  • 28 days ago
  • Warren, NJ (9 miles from Edison, NJ)
  • 28 days ago

New product development Qualifications, Education & Experience: 7-10 years of experience in the property-casualty insurance industry with significant commercial line pricing experience FCAS Excel expertise...

Demographic Data for Edison, NJ

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


Local
National
107,875
3,666
Medium/Lg

Actuarial Online Courses and Training Opportunities

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Introduction to Actuarial Science
This course readies you for a career as an actuary in finance, investments, banking or insurance. You may have heard of actuarial science, or you might even know an actuary, but do you know what...
actuarial
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actuarial-intro
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Salary for Actuarial Jobs in Edison, NJ

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

Highest Education Level

Actuarials in Edison, NJ offer the following education background
Bachelor's Degree
53.5%
Master's Degree
22.4%
High School or GED
6.6%
Vocational Degree or Certification
6.2%
Associate's Degree
6.1%
Doctorate Degree
3.6%
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 Edison, 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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