Selective Insurance · 13 hours ago
Senior Actuarial Analyst - HYBRID (Short Hills, NJ, Charoltte, NC or Hartford, CT)
Branchville, NJ
Full-time
Hybrid
Mid, Senior Level
$106K/yr - $146K/yr
4+ years expSelective Insurance is a midsized U.S. domestic property and casualty insurance company with a strong history of financial performance. The Senior Actuarial Analyst will support the Actuarial Advanced Analytics department in developing and implementing predictive models and providing actuarial support throughout the deployment of these models.
FinanceFinancial ServicesInsurance
Responsibilities
Work together with actuarial and data science colleagues to build/refresh pricing models for all of Selective’s lines of business
Performs adjustments to raw historical policy data that will be used in modeling, including loss development, trend, premium on-leveling, and elimination of discretionary pricing activity. Perform reconciliation of data used in modeling to other sources
Perform variable selection, including univariate analysis and evaluate strength of the predictive models through the use of lift curves and other diagnostics
Perform analysis regarding the impact of proposed models on individual SBUs, regions, etc. Compare candidate predictive models and make recommendations about which models are the most appropriate
Document all analysis and recommendations regarding the development and evaluation of predictive models
Work with IT and other departments regarding the creation of model variables using both internal and external data. Develop an automated scoring engine and work with IT department on testing
Provide actuarial support and validation throughout deployment of models
Qualification
Required
Requires solid actuarial and analytical skills, along with a developing financial acumen
Effective communication and interpersonal skills also required
Must effectively train and develop junior actuarial staff
Bachelors Degree Required; Mathematics, Actuarial Science, Statistics or Economics preferred
4 years of Property/Casualty actuarial work experience
Preferred
Mathematics, Actuarial Science, Statistics or Economics preferred
Benefits
Comprehensive health care plans
Retirement savings plan with company match
Discounted Employee Stock Purchase Program
Tuition assistance and reimbursement programs
20 days of paid time off
Company
Selective Insurance
At Selective, we maintain a commitment to provide unique insurance solutions that help keep the families and businesses of our communities protected.
1001-5000 employees
H1B Sponsorship
Selective Insurance has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (45)
2024 (32)
2023 (43)
2022 (30)
2021 (29)
2020 (25)
Funding
Current Stage
Public CompanyTotal Funding
$400M2025-02-25Post Ipo Debt· $400M
1978-01-13IPO
Leadership Team
John Marchioni
President and CEO
Patrick S. Brennan
Chief Financial Officer
Recent News
2025-12-09
2025-11-11
Company data provided by crunchbase