Actuarial Jobs in Trenton, 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.

1-5 of 5 Jobs

Associate Actuary - Healthcare

  • Public Consulting Group
  • Trenton, NJ
  • 14 days ago
  • Trenton, NJ
  • 14 days ago

Job Order Number: DF0764470 Job Title: Associate Actuary - Healthcare Company: Public Consulting Group Location: Trenton, NJ Salary: Education: Information Not Provided Experience: Information Not...

In Person

Actuarial Manager, Pricing Tools

  • Munich Re
  • Princeton, NJ (11 miles from Trenton, NJ)
  • 20 days ago
  • Princeton, NJ (11 miles from Trenton, NJ)
  • 20 days ago

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

In Person

Actuarial Manager

  • Munich Re
  • Princeton, NJ (11 miles from Trenton, NJ)
  • 45+ days ago
  • Princeton, NJ (11 miles from Trenton, 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

Oliver Wyman Actuarial - M&A Consulting Actuary - US P&C

  • Marsh & McLennan Companies, Inc.
  • Princeton, NJ (11 miles from Trenton, NJ)
  • 90+ days ago
  • Princeton, NJ (11 miles from Trenton, NJ)
  • 90+ days ago

adequacy of the target reserve estimates, loss ratio projections, pricing & underwriting practices, etc....

Hybrid

Actuarial Manager Sr

  • Munich Re
  • Princeton, NJ (11 miles from Trenton, NJ)
  • 90+ days ago
  • Princeton, NJ (11 miles from Trenton, NJ)
  • 90+ days ago

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

In Person

Demographic Data for Trenton, NJ

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


Local
National
222,481
4,312
Large

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 Trenton, NJ

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

Highest Education Level

Actuarials in Trenton, 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 Trenton, 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 »