Actuarial Jobs in Somerville, 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.
- Morristown, NJ (16 miles from Somerville, NJ)
- 3 days ago
- Morristown, NJ (16 miles from Somerville, NJ)
- 3 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 (8 miles from Somerville, NJ)
- 4 days ago
- Warren, NJ (8 miles from Somerville, NJ)
- 4 days ago
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 insurance...
- Morristown, NJ (16 miles from Somerville, NJ)
- 5 days ago
- Morristown, NJ (16 miles from Somerville, NJ)
- 5 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....
- Warren, NJ (8 miles from Somerville, NJ)
- 11 days ago
- Warren, NJ (8 miles from Somerville, NJ)
- 11 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...
P&C Actuary Advisor - Seasonal
- Princeton, NJ (14 miles from Somerville, NJ)
- 17 days ago
- Princeton, NJ (14 miles from Somerville, NJ)
- 17 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 (14 miles from Somerville, NJ)
- 18 days ago
- Princeton, NJ (14 miles from Somerville, NJ)
- 18 days ago
P&C Actuarial Advisor Seasonal Position Human Capital Our Human Capital practice is at the forefront of transforming the nature of work....
Healthcare Financial/Actuarial Associate
- Short Hills, NJ (20 miles from Somerville, NJ)
- 21 days ago
- Short Hills, NJ (20 miles from Somerville, NJ)
- 21 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 (16 miles from Somerville, NJ)
- 21 days ago
- Morristown, NJ (16 miles from Somerville, NJ)
- 21 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...
Oliver Wyman Actuarial - M&A Consulting Actuary - US P&C
- Princeton, NJ (14 miles from Somerville, NJ)
- 25 days ago
- Princeton, NJ (14 miles from Somerville, NJ)
- 25 days ago
adequacy of the target reserve estimates, loss ratio projections, pricing & underwriting practices, etc....
Transactional Actuary (Northeast Region)
- Parsippany, NJ (22 miles from Somerville, NJ)
- 29 days ago
- Parsippany, NJ (22 miles from Somerville, NJ)
- 29 days ago
Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, retirement solutions, and other financial services to customers in more than 80 countries...
- West Trenton, NJ (23 miles from Somerville, NJ)
- 30+ days ago
- West Trenton, NJ (23 miles from Somerville, NJ)
- 30+ days ago
Skills and Requirements -At least 2 years of P&C actuarial experience -A Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or related major -Excellent verbal and written communication...
- West Trenton, NJ (23 miles from Somerville, NJ)
- 30+ days ago
- West Trenton, NJ (23 miles from Somerville, NJ)
- 30+ days ago
Skills and Requirements -At least 7 years of P&C actuarial experience -A Bachelors degree in Actuarial Science, Mathematics, Statistics, Economics, or related major -Excellent verbal and written communication...
- West Trenton, NJ (23 miles from Somerville, NJ)
- 30+ days ago
- West Trenton, NJ (23 miles from Somerville, NJ)
- 30+ days ago
Skills and Requirements -At least 4 years of P&C actuarial experience -A Bachelors degree in Actuarial Science, Mathematics, Statistics, Economics, or related major -Excellent verbal and written communication...
- Morristown, NJ (16 miles from Somerville, NJ)
- 45+ days ago
- Morristown, NJ (16 miles from Somerville, NJ)
- 45+ days ago
Qualifications Minimum of 5-7 years of experience in the Property/Casualty Insurance industry. Strong background in pricing, with experience in public entity or specialty lines preferred....
US E - Consultative Offerings - P&C Actuary Manager - HC/IIO
- Morristown, NJ (16 miles from Somerville, NJ)
- 45+ days ago
- Morristown, NJ (16 miles from Somerville, NJ)
- 45+ days ago
Qualifications Required: Bachelors degree 6+ years of P&C Actuary experience Successfully passed 5 actuarial exams Limited immigration sponsorship may be available....
Demographic Data for Somerville, NJ
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Salary for Actuarial Jobs in Somerville, NJ
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Actuarials in Somerville, 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
- Commercial Insurance
- Annuities
- Employee Benefits
- Underwriting
- Claims
- Generally Accepted Accounting Principles
- Workers' Compensation
- Medicaid
- Financial Modeling
- Medicare
- Proposals
- Financial Reporting
- Product Development
- Estimating
- Tableau
- Reimbursement
- Microsoft Power BI
- Risk Management
- Decision Making
- Finance
- SQL
- Analytical Skills
- Accounting
- Python
- Auditing
- Consulting
- Written Communication
- Strategic Planning
- Presentation
- Employee Development
- Mentoring
- Flexibility
- Data Analysis
- Collaboration
- Reporting
- Documentation
- Bachelor's Degree
- Microsoft PowerPoint
- Sales
- Microsoft Office
- Problem Solving
- Project Management
- Microsoft Excel
- Research Skills
- Staff Supervision
- Organization
- Computer Skills
- Leadership
- Communication Skills
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