Actuarial Analyst
CurrentReview Actuarial Analyses: Rate Review, Estimated Net Liabilities, Safety Grant, Surplus and Return of Surplus. Act as liaison between actuarial consultants, reinsurance brokers and NJSIG management. Provide member specific exposures, premiums, losses, experience modification factors and NJSIG expense data to actuarial consultants. Perform ad hoc analyses for underwriting, accounting, member services and management. Enhance and test Policy Administration System including rates, experience modification factors and premiums. Calculate reinsurance deposit and true-up premiums and verify corresponding invoice premiums. Consolidate annual rate changes by coverage into budgetary guidance for annual NJSIG broker meeting. Enhance and test Underwriting Dashboard.