Actuarial Jobs in Somerset, 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.
Actuarial Associate (Group Insurance) (Hybrid)
- Newark, NJ (24 miles from Somerset, NJ)
- 8 hours ago
- Newark, NJ (24 miles from Somerset, NJ)
- 8 hours ago
Job Classification: Actuarial - Actuarial At Prudential, we believe talent is key to achieving our vision....
- Morristown, NJ (19 miles from Somerset, NJ)
- 20 hours ago
- Morristown, NJ (19 miles from Somerset, NJ)
- 20 hours 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....
Healthcare Financial/Actuarial Director
- Short Hills, NJ (19 miles from Somerset, NJ)
- 3 days ago
- Short Hills, NJ (19 miles from Somerset, NJ)
- 3 days ago
environment Proven ability to generate revenue Track record of success in managing and growing client relationships Deep understanding and expert knowledge in all aspects of employee benefit plan design, underwriting...
- Warren, NJ (9 miles from Somerset, NJ)
- 6 days ago
- Warren, NJ (9 miles from Somerset, NJ)
- 6 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...
- Newark, NJ (24 miles from Somerset, NJ)
- 8 days ago
- Newark, NJ (24 miles from Somerset, NJ)
- 8 days ago
Job Classification: Actuarial - Actuarial At Prudential, we believe talent is key to achieving our vision....
P&C Actuary Advisor - Seasonal
- Princeton, NJ (11 miles from Somerset, NJ)
- 12 days ago
- Princeton, NJ (11 miles from Somerset, NJ)
- 12 days ago
Position Summary P&C Actuarial Advisor - Seasonal Position Human Capital Our Human Capital practice is at the forefront of transforming the nature of work....
US E - Consulting Services - P&C Actuary Advisor - HC/IIO
- Princeton, NJ (11 miles from Somerset, NJ)
- 13 days ago
- Princeton, NJ (11 miles from Somerset, NJ)
- 13 days ago
P&C Actuarial Advisor Seasonal Position Human Capital Our Human Capital practice is at the forefront of transforming the nature of work....
Associate Actuary - Value-Based Care
- Trenton, NJ (22 miles from Somerset, NJ)
- 13 days ago
- Trenton, NJ (22 miles from Somerset, NJ)
- 13 days ago
This position will focus on contracting, implementation, data analysis, and actuarial modeling of value-based care performance expectations....
Associate Manager, Actuarial (Hybrid)
- Newark, NJ (24 miles from Somerset, NJ)
- 13 days ago
- Newark, NJ (24 miles from Somerset, NJ)
- 13 days ago
Job Classification: Actuarial - Actuarial At Prudential, we believe talent is key to achieving our vision....
- Trenton, NJ (22 miles from Somerset, NJ)
- 16 days ago
- Trenton, NJ (22 miles from Somerset, NJ)
- 16 days ago
**Use your skills to make an impact** **Required Qualifications** + Bachelor's Degree + Successful completion of at least 3 actuarial exams + Meets requirements for Humana's Actuarial Professional Development...
Healthcare Financial/Actuarial Associate
- Short Hills, NJ (19 miles from Somerset, NJ)
- 16 days ago
- Short Hills, NJ (19 miles from Somerset, NJ)
- 16 days ago
Qualifications 2+ years' experience in professional services, ideally gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company....
Reinsurance Actuary (Property & Casualty)
- Morristown, NJ (19 miles from Somerset, NJ)
- 16 days ago
- Morristown, NJ (19 miles from Somerset, NJ)
- 16 days ago
& casualty insurance 2+ CAS actuarial exams Bachelor's degree in Actuarial Science, Economics, Math, Statistics, or related field Pricing, valuation, reserving, or capital modeling experience What...
- Newark, NJ (24 miles from Somerset, NJ)
- 17 days ago
- Newark, NJ (24 miles from Somerset, NJ)
- 17 days ago
model testing and UAT; Preparing year-end actuarial memorandums; AAT cashflow testing; and Utilizing RBC C3P1....
Senior Actuarial Analyst - Pricing
- Trenton, NJ (22 miles from Somerset, NJ)
- 18 days ago
- Trenton, NJ (22 miles from Somerset, NJ)
- 18 days ago
The Senior Actuarial Analyst may be expected to train, mentor, and develop entry level actuarial analysts, overseeing project responsibilities and performance management....
Actuary, Annuity Model Development
- Trenton, NJ (22 miles from Somerset, NJ)
- 18 days ago
- Trenton, NJ (22 miles from Somerset, NJ)
- 18 days ago
Model Development team taking ownership of Annuity models currently being converted from MG-ALFA to Moodys AXIS **What were looking for** **_Must have:_** + Actuarial modeling and/or valuation experience...
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Salary for Actuarial Jobs in Somerset, NJ
Highest Education Level
Actuarials in Somerset, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Actuarial position
- General Liability
- Personal Lines
- Property and Casualty Insurance
- Umbrella Insurance
- Annuities
- Employee Benefits
- Underwriting
- Claims
- Generally Accepted Accounting Principles
- Workers' Compensation
- Medicaid
- Fraud Investigation
- Financial Modeling
- Medicare
- Proposals
- Financial Analysis
- Financial Reporting
- Product Development
- Estimating
- Tableau
- Reimbursement
- Microsoft Power BI
- Risk Management
- Decision Making
- Finance
- SQL
- Analytical Skills
- Accounting
- Military Background
- Python
- Auditing
- Consulting
- Strategic Planning
- Presentation
- Employee Development
- Mentoring
- Flexibility
- Data Analysis
- Collaboration
- Reporting
- Documentation
- Bachelor's Degree
- Microsoft PowerPoint
- Sales
- Problem Solving
- Project Management
- Microsoft Excel
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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