Senior Actuarial Analyst

At Coaction, we’re a unique mix of leaders, achievers, thinkers, and team players with a high-performance mindset and a diverse skillset. We bring our industry expertise together to continually push the boundaries of what insurance can be for our clients.

Senior Actuarial Analyst

Coaction is looking for talented and driven candidates who combine strategic thinking, technical skills, and pragmatic execution to drive results. Coaction is a specialty insurance company providing insurance solutions tailored to meet the needs of our insureds.

Coaction’s Actuarial Department works with internal customers across a wide range of lines of business and subverticals, helping them to solve unique and complex problems. As a Senior Actuarial Analyst at Coaction, you will draw upon your strong mathematic, technical and problem-solving skills to analyze data and help our underwriters properly price business for the risks assumed.

This role requires strong technical, analytical, and actuarial acumen; the ability to communicate effectively to both technical and non-technical audiences; and the ability to collaborate with business partners across the organization.

Responsibilities

• Evaluate business profitability, and provide recommendations for portfolio optimization
• Utilize actuarial methodologies to solve business problems and drive results for a variety of Property and Casualty insurance products
• Support development of new products and develop new or revised rating algorithms and tools
• Work as a member of a broader, cross-functional team to formulate and support business strategies for various products
• Solve complex problems and develop innovative approaches with minimal to moderate supervision
• Build and refurbish tools and models to streamline business processes and workflows
• Complete large projects, utilizing resources from multiple disciplines

Qualifications

• 3-5 exams
• 3-6 years of actuarial experience
• Minimum of 2 years of Pricing experience, with Professional Lines experience a plus
• Willingness to challenge status-quo using creative solutions
• Excellent quantitative, analytical and problem-solving skills
• Strong verbal and written communication skills
• Advanced M.S. Excel skills
• Programming knowledge (VBA, SQL, R, Tableau or others) preferable
• Ability to distill complex concepts and communicate them clearly to non-technical business partners
• Strong organizational and time-management skills

This role is to be located in the Morristown, NJ office location.

Equal Opportunity Employer

Coaction is an Equal Employment Opportunity employer. Coaction’s policy is not to discriminate against any applicant or employee based on race, color, religion, national origin, gender, age, sexual orientation, gender identity or expression, marital status, mental or physical disability, and genetic information, or any other basis protected by applicable law. Coaction also prohibits harassment of applicants or employees based on any of these protected categories.