Russell Tobin - Trenton, NJ
posted about 1 month ago
The Actuarial department at Russell Tobin provides critical insight and analysis to support the company's profitable growth, focusing on various divisions including Personal Lines Pricing, Commercial Lines Pricing, Reserving, and Predictive Analytics. As an Actuarial Analyst II, you will play a vital role in collaborating with other actuaries and colleagues across the organization to address significant business challenges. This position is designed for individuals who are passionate about using data to inform decision-making and drive improvements in insurance product pricing and profitability. In this role, you will engage in a variety of projects that require analytical skills and a strong understanding of actuarial principles. You will perform pricing studies to evaluate the profitability of insurance products, analyze rating variables, and recommend pricing changes based on your findings. Additionally, you will partner with the Marketing team to enhance the effectiveness of advertising expenditures, ensuring that the company maximizes its return on investment. Your responsibilities will also include analyzing usage-based insurance (UBI) data to provide actionable recommendations for pricing adjustments, conducting trend analysis to monitor changes in the frequency and severity of insurance claims, and assessing the impact of crash-avoidance technology on auto insurance claims. This hybrid position allows for a flexible work schedule, with three days on-site and two days remote each week, providing a balanced work environment that fosters collaboration and innovation.