Data specialist Jobs in Newark, NJ

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.

Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world's fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Starr Insurance Holdings is looking for someone tech-savvy and analytically minded with an insurance background, to be part of our actuarial and risk / capital modeling team in New York City.

Key responsibilities :

• Improve actuarial / risk modeling data management and tools to enhance the efficiency of quarterly reserve review and Own Risk & Solvency Assessment.
• Build data processing pipelines to quickly populate actuarial templates and risk modeling tools.
• Participate in profitability studies on specific lines of business, including analysis of underwriting and claim trends, changes in premium rate and mix of business.
• Help build capital allocation tools to facilitate return-on-capital performance attribution across all legal entities and profit centers.
• Help gather data and automate processes to test various business strategies impacting risk and capital from regulatory and rating agency perspectives.
• Support reinsurance renewal with data and actuarial analysis.
• Engage in the evolution of data analytics based on the strategic objective of being a data-oriented and analytics-driven company.

Experience and Requirements :

For individuals assigned and / or hired to work in New York, Starr Insurance Companies is required by law to include a reasonable estimate of the compensation range for this role. The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets : experience and training : licensure and certifications : and other business and organizational needs. A reasonable estimate of the current range is $100,000-$145,000.

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.