Actuarial Analyst - Pricing

Berkley•Moorestown Township, NJ

1d•$85,000 - $95,000•Hybrid

About The Position

The Actuarial Analyst - Pricing supports the pricing function within the Actuarial department. This role is responsible for analyzing data, developing pricing models, and supporting rate adequacy and profitability efforts across insurance products. The position collaborates closely with underwriting, finance, and other business partners to deliver data-driven insights that inform pricing strategies.

Requirements

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field.
Progress toward actuarial credentials (e.g., SOA or CAS exams preferred).
Experience in property and casualty insurance or related field preferred.
Knowledge of actuarial concepts, pricing techniques, and statistical methods.
Familiarity with insurance data and rating structures.
Strong analytical and problem-solving abilities.
Proficiency in Microsoft Excel; experience with actuarial or statistical software preferred (e.g., SQL, R, Python, or similar tools).
Effective written and verbal communication skills.
Attention to detail and strong organizational skills.
Ability to manage multiple priorities and meet deadlines.
Collaborative mindset and ability to work across teams.

Responsibilities

Analyze internal and external data to support pricing and reserving activities.
Develop, maintain, and enhance actuarial pricing models.
Perform rate indications and evaluate pricing adequacy.
Assist in the development and monitoring of key performance metrics.
Prepare reports and presentations for management and business stakeholders.
Collaborate with underwriting and other departments to provide analytical support.
Support regulatory filings and documentation as needed.
Ensure data integrity and consistency across actuarial analyses.
Stay current with industry trends, actuarial techniques, and regulatory requirements.