Location: Branchville,NJ, USA
DescriptionAt Selective, we don't just insure uniquely, we employ uniqueness.Our BusinessSelective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years.Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2024 and certification as a Great Place to Work in 2024 for the fifth consecutive year.Working at SelectiveAt Selective, we don't just insure uniquely - we employ uniqueness. Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs.Job SummaryDevelops automation procedures for the solution of a variety of Actuarial related business problems, or for segments of complex and difficult problems or systems. Plans and implements the computations or processes necessary for computer solutions. Must be able to identify data anomalies and do sufficient research to find underlying causes. All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.Job ResponsibilitiesPrepare data and templates for quarterly loss and LAE reserve analyses. Ensure balancing of data to source systems. Maintain proper controls and documentation.Support production and automation of designated external and internal financial and management reports. These include but are not limited to statutory schedules (P) and the AY Report . May also include regulatory reports and bureau data calls.Support ceded reinsurance placement by providing information and data for broker submissions. Respond to ad hoc requests from brokers.Support commercial and personal lines pricing by providing routine scheduled pricing review data, for both state and countrywide reviews. Maintain programming code and associated documentation.Support all areas of the Actuarial department by providing ad hoc data as requested and agreed upon. Assist supervisor through process. This includes discussing needs, identifying potential solutions and testing. Facilitate the process through regular communication with supervisor and clients. Assist fellow team members and colleagues with debugging whenever necessary.Develop the analysis and design of actuarial applications and/or programs. Identify potential improvements and efficiencies within current processes. Improve data and systems landscape through increased automation, including programming of simple algorithms in a sustainable environment. Properly document and write associated programming code.Support corporate IT objectives where technical business resources are required. This may include development, testing, and/or documentation.Meet with business unit representatives to define and evaluate business automation need.Job QualificationsCollege degree in computer science, business administration, or a related field is preferred, or completion of computertechnical school3/5+ years related work experience.3/5+ years of property/casualty insurance experience.To maintain effectiveness by improving skills and acquiring new skills over time.To anticipate and respond to customer expectations and needs.Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and paid time off plans. Additional details about our total rewards package will be provided during the recruiting processThe expected starting salary range for this role is$62,000 - $130,000. The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.Selective maintains a drug-free workplace.Selective is an Equal Employment Opportunity employer. That means we respect and value every individual's unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences - and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.