Actuarial Fellow jobs in Illinois
Actuarial Fellow utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Being an Actuarial Fellow assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. Records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Additionally, Actuarial Fellow applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Requires Fellow of Society of Actuaries (FSA). Typically reports to a manager. To be an Actuarial Fellow typically requires 12+ years of related experience. Achievement and depth of knowledge of specialization or field is the main differentiator. Advisory role on complex and challenging projects and initiatives. Recognized for deep technical and industry knowledge and innovative thinking. Provides thought leadership and guidance to a functional area and the organization. (Copyright 2024 Salary.com)
Recently Added Actuarial Fellow jobs
Actuarial Consultant
- Edgewater Actuarial Insights, LLC
-
Itasca, IL
FULL_TIME
-
Key Responsibilities:
- Assist with loss reserving, pricing, and data analytics projects for a variety of commercial property and casualty lines of business including medical professional liability
- Organize and analyze large volumes of data, ensuring integrity and accuracy
- Setup and/or oversee spreadsheet analysis, templates, and exhibits
- Apply complex actuarial theories and principles to create statistical models
- Prepare and/or oversee production exhibits and written reports to present findings
- Assist in the preparation of proposals and presentations for prospects
Skills and Attributes:- Strong organizational skills with an ability to prioritize and handle multiple tasks in a demanding work environment.
- Excellent interpersonal skills; strong oral and written communications skills
- Ability to develop client-oriented solutions
- Ability to manage a heavy work volume and meet deadlines in an extremely fast paced environment
- Ability to undertake projects and produce quality and timely results
- Self-starter, strong initiative, confidence and ability to work with little guidance
- Collaborative team player
Experience Required:- BA/BS degree in actuarial science, mathematics, statistics, computer science, data analytics, economics, finance, business or related field
- Associate of the Casualty Actuarial Society (ACAS) - Required
- 3 years of actuarial experience in the property & casualty industry, with a preference for prior actuarial consulting experience.
- Proficiency with Microsoft Excel, Word, and PowerPoint
- Alteryx, R, Python or related program coding experience is preferred; an aptitude to learn other software packages as needed.
- 11 Days Ago
Actuarial consultant
- DW Simpson Global Actuarial Recruitment
-
Crystal, IL
FULL_TIME
- Work for a company where your time is valued so your life can be as rewarding as your career! A growing P&C consulting group has an opportunity for a candidate to work as part of a team of professiona...
- 20 Days Ago
Future Consideration - Actuarial Intern
- PINNACLE ACTUARIAL RESOURCES INC
-
Bloomington, IL
INTERN
- Job Details Job Location: Atlanta; Chicago; or Bloomington, IL - , Salary Range: Undisclosed DescriptionSUMMARY Reporting to a senior actuarial analyst or associate actuary, the actuarial intern works...
- 5 Days Ago
Sr. Actuarial Consultant
- Edgewater Actuarial Insights, LLC
-
Itasca, IL
FULL_TIME
- We are seeking a Senior Actuarial Consultant to support our growing actuarial consulting practice. This position requires the candidate to work as part of a team of professionals to independently anal...
- 5 Days Ago
Future Consideration - Actuarial Intern
- Pinnacle Actuarial Resources, Inc.
-
Atlanta, IL
INTERN
- SummaryReporting to a senior actuarial analyst or associate actuary, the actuarial intern works under the direction of a supervisor, project manager or account executive to organize, input and update ...
- 15 Days Ago
Marketing and Communications Administrative Assistant
- PINNACLE ACTUARIAL RESOURCES INC
-
Bloomington, IL
OTHER
- Job Details Job Location: Bloomington, Illinois - Bloomington, IL Position Type: Full Time Salary Range: Undisclosed DescriptionSUMMARY Under the direction of the marketing communications director, th...
- 8 Days Ago
Actuarial Fellow jobs at Popular Companies
Teaching Fellow
- Friendship Public Charter School
-
Washington, DC
- Overview: By completing an application, you have applied to be considered for anticipated vacancies in the 2024-2025 sch...
- 6/11/2024 12:00:00 AM
ARNP Fellow / PA-C Fellow
- MultiCare Health System
-
Federal Way, WA
- About Indigo Urgent Care Indigo Urgent Care, a MultiCare Company, is the leading urgent care provider in the pacific nor...
- 6/10/2024 12:00:00 AM
Postdoctoral Fellow
- Drexel University
-
Philadelphia, PA
- Postdoctoral Fellow Job no: 501982 Work type: Full-Time Location: University City - Philadelphia, PA Categories: Drexel ...
- 6/10/2024 12:00:00 AM
Toxicology Fellow
- HealthPartners
-
Saint Paul, MN
- Job Description @page { size: 8.5in 11in; margin: 1in } p { line-height: 115%; text-align: left; orphans: 2; widows: 2; ...
- 6/10/2024 12:00:00 AM
Research Fellow
- Massachusetts General Hospital
-
Somerville, MA
- GENERAL SUMMARY/ OVERVIEW STATEMENT: The McCance Center for Brain Health in the Department of Neurology at the Massachus...
- 6/10/2024 12:00:00 AM
RN Fellow
- Ascension
-
Austin, TX
- Details Sign-on bonus: 5,000 Department: SNW Med Surg Schedule: Full Time Rotating Hospital: Seton Northwest Hospital Lo...
- 6/10/2024 12:00:00 AM
ARNP Fellow / PA Fellow
- MultiCare Health System
-
Spokane, WA
- You Belong Here. At MultiCare, we strive to offer a true sense of belonging for all our employees. Across our health car...
- 6/9/2024 12:00:00 AM
Administrative Fellow
- Cone Health
-
Greensboro, NC
- Overview: The Cone Health Administrative Fellowship is a dynamic, two-year postgraduate experience that provides Fellows...
- 6/8/2024 12:00:00 AM
About Illinois
Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP),
the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuarial Fellow jobs
$187,372 to $242,765
Most Popular Cities in Illinois for Actuarial Fellow Jobs
What does an Actuarial Fellow do?
Actuarial Fellow in Boca Raton, FL
The Actuaries Institute is committed to promoting the actuarial profession and is recognised as a source of authoritative, professional and independent comment for the financial services sector and non-traditional areas such as health, environment, climate change, genetics and information technology.
January 07, 2020
Actuarial Fellow in Salt Lake City, UT
Actuarial employers have fed back to us that there will always be a demand for the high levels of specialism demonstrated by our Fellows; particularly in established areas of actuarial employment such as pensions and insurance. However, they also need a more flexible qualification framework, which ensures that their employees are working to the level that is needed for the roles that they are undertaking.
January 18, 2020
Actuarial Fellow in High Point, NC
This proposal will also align the IFoA with the international market where an increasingly large proportion of our members operate, and will become the formal initial qualification for fully qualified actuaries who will possess 'core actuarial competencies'.
February 11, 2020