Actuarial Jobs in Red Bank, 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.

1-7 of 7 Jobs

Actuarial Analyst

  • Axis Capital Holdings LTD
  • Red Bank, NJ
  • 3 hours ago
  • Red Bank, NJ
  • 3 hours ago

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

In Person

Actuarial Manager

  • Plymouth Rock Assurance
  • Woodbridge, NJ (17 miles from Red Bank, NJ)
  • 5 days ago
  • Woodbridge, NJ (17 miles from Red Bank, 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 (17 miles from Red Bank, NJ)
  • 5 days ago
  • Woodbridge, NJ (17 miles from Red Bank, NJ)
  • 5 days ago

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

In Person

Senior Actuarial Analyst, Predictive Modeling

  • AmTrust Financial Services, Inc.
  • Peck Slip, NY (24 miles from Red Bank, NJ)
  • 14 days ago
  • Peck Slip, NY (24 miles from Red Bank, NJ)
  • 14 days ago

AmTrust is an innovative, customer-centric leader in commercial insurance....

In Person

Supervisor, Actuarial Predictive Modeling

  • AmTrust Financial Services, Inc.
  • Peck Slip, NY (24 miles from Red Bank, NJ)
  • 14 days ago
  • Peck Slip, NY (24 miles from Red Bank, NJ)
  • 14 days ago

pricing experience, ideally in small commercial insurance ACAS or FCAS designation and in good standing with the Casualty Actuarial Society Strong data exploration and manipulation skills, ideally...

In Person

Senior Actuary, Employer Stop Loss - Eatontown, NJ or Remote

  • Crum & Forster Holdings Corp.
  • Eatontown, NJ (4 miles from Red Bank, NJ)
  • 17 days ago
  • Eatontown, NJ (4 miles from Red Bank, NJ)
  • 17 days ago

Our global capabilities provide our partners with even broader flexibility in underwriting solutions....

Remote

Actuary

  • Liberty Mutual Insurance Company
  • Bowling Green, NY (23 miles from Red Bank, NJ)
  • 45+ days ago
  • Bowling Green, NY (23 miles from Red Bank, NJ)
  • 45+ days ago

Sound knowledge of actuarial techniques and standards, as well as other business operations including financial, underwriting, legal, statistics, claims, sales, etc....

In Person

Demographic Data for Red Bank, NJ

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


Local
National
24,568
1,340
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...

Title Synonyms

Users interested in this job title also searched for the following job title


Salary for Actuarial Jobs in Red Bank, NJ

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

Highest Education Level

Actuarials in Red Bank, 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 Red Bank, 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%


Other Career Titles

Here are some other career titles that require similar skills



Actuarial Related Career Advice Articles

Insurance agent helping clients
Hot Jobs in the Insurance Industry

Job market trends should always be taken into consideration during a job search, and seeking a job within the insurance industry is no different. If you are making a career change, two areas within the insurance industry worth looking into are Technology and Sales.

Read article »