Actuary

• Work on 2–3 projects related to actuarial or product services
• Develop, maintain, review, update, and enhance existing processes and tools
• Partner with tenured actuaries, data scientists, and product specialists
• Learn about the nuances of insurance
• Support initiatives that drive efficiency, accuracy, and innovation across Commercial Lines functions

Internship – Actuarial or Product Services – Commercial Lines

• Work with business units and the Government Relations team to secure timely state regulatory approval of ISO core products, including loss costs, related rules, and statistical data
• Support business units with predictive modeling initiatives
• Support Verisk’s Catastrophe & Risk Solutions team with model review and regulator acceptance
• Build understanding of CRS models and usage across Verisk business units and products
• Visit or maintain regular contact with state regulators to resolve issues and maintain relationships
• Develop and implement strategies for positive regulatory action on new ISO programs and high-priority filings
• Present to state regulators and other audiences to secure regulatory acceptance of ISO initiatives
• Provide actuarial support for regulatory inquiries on ISO filings
• Conduct actuarial peer review of new or modified ratemaking methodologies
• Monitor relevant ASOPs and NAIC activity for impacts on ISO products
• Provide state-specific Government Relations input and filing recommendations
• Foster a positive regulatory environment and support ISO interactions with independent bureaus
• Travel occasionally for industry conferences and regulator visits

Actuary jobs in New Jersey

Internship – Actuarial or Product Services – Commercial Lines

Actuarial Consultant