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)
Overview:
Founded in 1995, SIGMA Actuarial Consulting Group, Inc. provides independent property and casualty actuarial consulting services to risk managers, brokers, captive managers, risk management consultants, TPAs, and CPAs. Our consulting services include all analyses necessary to ensure proper financial reporting and program funding. As our firm continues to grow, we are looking for an experienced actuarial analyst to join our team. As a key member of the SIGMA team, you will play a crucial role in supporting our actuarial consultants and senior actuaries by providing insightful analyses, strategic recommendations, and expertise in the property and casualty insurance space.
Key Qualifications:
Responsibilities:
As an Actuarial Analyst, you will assist both analytical and consultative aspects of our team, including but not limited to:
Why Join Us:
Compensation and Benefits:
Salary is commensurate with experience.
Benefits: Health coverage options with partial employee contribution are available.
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If you are a motivated and skilled analyst looking to make a significant impact in the property and casualty insurance space, we invite you to apply for this exciting opportunity.
To apply, please email your resume directly to support@sigmaactuary.com.