81 Best actuarial Jobs in East Orange, New Jersey (April 2026)

Property Product UW Specialist ll- Hybrid, Jersey City, NJ

23 hours ago

Jersey City

About Tokio Marine: Tokio Marine has been conducting business in the U.S. market for over a century and we are licensed in all states, Puerto Rico and the District of Columbia, and write all major lines of Commercial Property and Casualty Insurance. We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled team of claim professionals. We work with major brokers and leading independent insurance agents throughout the United States to serve the world's largest and most distinguished organizations. We are committed to creating value for our customers by providing ANSHIN (safety, security and peace of mind). We strive to be creative and passionate as we work towards our long-term success. Tokio Marine Holdings is Japan's oldest, and one of the largest property and casualty insurers. Founded in 1879, TMNF operates worldwide in 47 countries. With annual revenues of approximately $50 billion and an A.M. Best rating of A++, one of the highest in the industry, we are one of the top 20 insurance providers worldwide. Job Summary: Assisting CUW Property Product staff in developing, managing and/or updating underwriting, pricing and product strategy that positions Tokio Marine to meet clients’ needs, build company revenues and achieve our corporate profit and return on risk objectives. As a Property Products Specialists II, you will be a member of the Corporate Underwriting team and will work with the property staff on specific assigned property lines of business to promote profitable growth. The Corporate Underwriting team is responsible for product development, risk management, underwriting governance and compliance strategies that conform to our risk appetite. In this position, you will participate in developing guidelines, processes, products, rates, rules, tools and controls that business segments will utilize in their day-to-day decisions. You will conduct ongoing analysis, monitor results and communicate those results to key distribution and underwriting partners. Collaborating with others to share product performance will be key to success. You will be responsible for developing and managing underwriting, pricing and product strategy that positions Tokio Marine to meet clients’ needs, build company revenues and achieve our corporate objectives. This includes the development and execution of lines of business strategies, growth and enhancing the underwriting expertise within the company. Essential Job Functions: • Assist management in the assessment of the portfolio to ensure profitability, • Monitors rate adequacy, works with the Actuarial team on profitability analysis, pricing of new coverages and products and assists in the development of a pricing strategy, • Participate in product development including associated pricing and underwriting tools and reviewing policy forms with Claims and Legal, • Development of Underwriting guidelines and rules for execution by Field Underwriting, • Provides general expertise to TMA Field Underwriting on rate, rule and form issues., • Collaborates with the Exposure Management team on catastrophe data, modeling and reports, assisting the Product Managers with treaty data and working with Field Underwriting business segments., • Conduct Underwriting Reviews of Field Business Segments and supports internal audits and Market Conduct exams., • Collaborates and maintains strong relationships with all internal departments, • Collaborate in the implementation of compliance specifications including the development of tools and resources necessary to maintain compliance requirements, • Assists the CUW and TMA Executive leadership in initiatives, projects and general areas for assigned lines., • Designs and supports training as needed, • Collaborates, designs, reviews and/or recommends policies, procedure and technology to improve operational efficiency, underwriting profitability and regulatory compliance., • Responsible for complying with proper internal controls as necessary to conduct job functions and/or carry out responsibilities and/or administrative activities at Company. Qualifications • College Degree or equivalent preferred, • CPCU or equivalent Professional designation preferred, • Minimum of 5+ Years in insurance, • Experience in Underwriting preferred, • Knowledge of ISO, AAIS, NCCI and independent state bureau requirements, • Experience with Underwriting Audits preferred, • Extensive personal computer skills, • Excellent verbal and written communication skills, • Positive team participation and attributes preferred Salary range of $100k-130k. Ultimate salary offered will be based on factors such as applicant experience and geographic location. Our company offers a competitive benefits package and bonus eligibility on top of base. TMA believes the perfect candidate is more than just a resume. If you don't meet every single requirement, but are still interested in the job, we encourage you to apply. Benefits: We offer a comprehensive benefit package, which includes a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities. EEO Statement Tokio Marine Management is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, or sexual orientation.

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