Senior Actuarial Analyst in Jersey City, New Jersey at IFG Companies
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Job Description
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POSITION SUMMARY
The Senior Actuarial Analyst ("SAA") plays an important role in supporting the commercial pricing team for the Bind and Brokerage units of IFG Companies. The SAA will develop new and enhance existing actuarial analyses, processes and models that assist the pricing function in providing rating structures, pricing insights and portfolio rate monitoring. The ideal candidate will be technically capable, detail-oriented, self-motivated and effective in working cross-functionally to translate pricing concepts into actionable recommendations for underwriting decisions.
POSITION RESPONSIBILITIES INCLUDING
Primary Responsibilities
Additional Responsibilities
KNOWLEDGE, SKILLS AND ABILITIES
EDUCATION, EXPERIENCE AND CERTIFICATION
- Required: A bachelor's degree from an accredited U.S. college/university, with a major or coursework in insurance, risk management, economics, actuarial science or related fields.
- Required: At least three (3) years of experience in the Property & Casualty insurance industry, preferably with a U.S. commercial insurer, in the actuarial, underwriting, risk management, product management and/or claims areas.
- Required: Four (4) actuarial exams recognized by the Casualty Actuarial Society.
- Preferred: CAS Exam 5 or Associate of the Casualty Actuarial Society (ACAS).
- Preferred: Experience in General Liability and/or Excess & Surplus insurance.
PHYSICAL DEMANDS
- Position is hybrid and requires the ability and the willingness to work in an IFG Companies office at least three (3) days per week, if residing within one-hour commuting distance.
- Physical demands are considered those of a climate-controlled office environment with minimal physical exertion.
- Position requires prolonged sitting, extensive utilization of computers, and interactions with others in person and via phone. Position requires the ability and the willingness to travel when required to meet business needs.
SALARY AND BENEFITS
The salary range for this position is $100,000 - $130,000. Additionally, the position may be eligible to earn incentive compensation. IFG Companies offers competitive compensation and benefits, currently including medical, dental, vision, 401(k), flexible spending, short-term and long-term disability insurance, life insurance, paid parental leave, vacation, and other paid time off.
WHY IFG COMPANIES
Founded in 1985, IFG Companies is one of the oldest privately held insurance groups in the United States. It combines a specialty-carrier focus with long-term stability and thinking, while promoting a culture of underwriting rigor, collaboration, strategic thought, superior technology and strong producer partnerships.
EQUAL OPPORTUNITY
IFG Companies is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status or any other protected characteristic under applicable law.
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