NJM Insurance Group · 17 hours ago
Actuary - Commercial Lines Pricing
NJM - Trenton
Full-time
Hybrid
Senior Level
$117K/yr - $147K/yr
6+ years expNew Jersey Manufacturers Insurance Company (NJM) is a leading mid-sized U.S. property and casualty insurance company. The Actuary will support NJM’s efforts by developing fair and competitive pricing, providing comprehensive product analysis, and ensuring a strong financial position.
InsuranceManufacturingTransportation
Responsibilities
Perform pricing studies to evaluate the profitability of our Auto, Homeowners, Workers’ Compensation, and Commercial Package insurance products
Analyze rating variables based on company data and competitor information and recommend changes
Perform analysis of frequency, severity, and premium trends
Perform analysis of loss and LAE reserves
Assist with the annual loss and LAE ratio planning process
Collaborate with cross-functional teams to develop business insights and recommendations
Contribute to the ongoing development of actuarial tools and processes to enhance the department’s capabilities over time
Qualification
Required
Bachelor's degree in actuarial science, mathematics, statistics, or related field
6+ years of property and casualty actuarial experience
ACAS or FCAS credential
Proficiency in Microsoft Excel, Word, and PowerPoint
Excellent verbal and written communication skills
Preferred
Experience with SQL, SAS, or other programming languages a plus
Benefits
401(k) with employer match up to 8% and additional service-based contributions
Health, Dental, and Vision insurance
Life and Disability coverage
Generous PTO
Paid Sick Leave
Paid parental leave in addition to state-mandated leave
Discretionary bonuses
Company
NJM Insurance Group
NJM (New Jersey Manufacturers) is an auto, homeowners, renters, commercial auto, umbrella and workers' compensation insurance providers.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Chris Malone
SVP, CFO & Treasurer
Carol Voorhees
Senior Vice President & Chief Information Officer
Recent News
2026-01-16
Company data provided by crunchbase