Actuary jobs in Michigan
Actuary 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 Actuary 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, Actuary 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. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. The Actuary work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Actuary typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Actuary jobs
Actuary
- Jackson National Life Insurance
-
Lansing, MI
FULL_TIME
- If you are an internal associate, please login to Workday and apply through Jobs Hub. Job Purpose Performs advanced research, development, and activities related to the application of actuarial principles for insurance/finance. Essential Responsibilities Sets and achieves goals to complete projects in a timely manner with accuracy, quality, and efficient use of resources. Conducts advanced analysis in one or more of several areas, including product development, financial modeling, financial reporting, risk analysis, and data analysis. Applies advanced actuarial concepts and standards of practice to work product and serves as an expert resource for selected areas of regulatory, professional, or technical knowledge. Forms opinions on application of concepts and regulatory guidance as needed, typically for discussion or approval with Director/AVP. Participates in industry research/committee work to promote professional development and, where possible, providing value to the company. Communicates with management on project status, concerns, etc. Leads projects as required. Delivers several projects concurrently and adjusts to changing priorities. Accepts accountability for projects. Takes ownership of the development, maintenance, enhancement, and documentation of actuarial tools and techniques required for project or production work. Develops improvements in methods and procedures as necessary to improve efficiency. Serves as a role model for and assists with the development of other actuarial staff. Other Duties Other duties as assigned. Performs other duties and/or projects as assigned. Knowledge, Skills and Abilities Knowledge of advanced actuarial principles and standards of practice in order to apply to work product. Ability to train or assist peers. Highly proficient in the details of applicable computer applications and technical tools. Sense of urgency and excellent follow through. Must have the ability to handle multiple top priorities accurately and in a timely manner, and the ability to change priorities as needed. Must be a proactive, creative, flexible and deductive thinker. Ability to work independently or in a team. Must possess excellent communication skills. Qualifications Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics, Computer Science, or related field of study required. 3 years actuarial experience required. 5 years actuarial experience preferred. Life and annuity experience preferred. Fellow of the Society of Actuaries (FSA) required. We don't just accept difference - we celebrate it, we support it, and we thrive on it for the benefit of our employees, our products and our community. Jackson is proud to be an equal opportunity workplace. The Company subscribes to and endorses federal and state laws and regulations relating to equal employment opportunity for all persons without regard to race, color, religion, gender, age, national origin, legally-recognized disability, marital status, legally-protected medical condition, citizenship, ancestry, height, weight, sexual orientation, veteran status, or any other factor not related to the needs of the job. The Company is committed to a policy of equal opportunity. Company facilities and campuses are tobacco-free environments. At Jackson, our employees are empowered to bring a fresh perspective, confront new challenges, and define their own career paths. We value the unique perspectives and innovative ideas that come from our employees' diverse backgrounds. Jackson is the marketing name for Jackson National Life Insurance Company (Home Office: Lansing, Michigan) and Jackson National Life Insurance Company of New York (Home Office: Purchase, New York). Jackson National Asset Management, LLC (JNAM) located in Chicago, Illinois, is an SEC-registered investment adviser and Jackson subsidiary. Annuities are distributed by Jackson National Life Distributors LLC, Member FINRA. Jackson companies offer an outstanding benefits package including competitive pay, bonuses, comprehensive health insurance benefits, a matching 401(k) retirement plan, adoption assistance, education matching gift program and dependent tuition program. Online applications requested. Contact human.resources@jackson.com for alternate formats for accommodation. To learn more about Jackson's financial strength and results, visit jackson.com.
- 9 Days Ago
Actuary
- BerkleyNet (a Berkley Company)
-
Niles, MI
FULL_TIME
- Company DetailsBerkleyNet is an innovative workers compensation insurance provider that does all our business online. Our goal? To make doing business “Ridiculously Fast. Amazingly Easy.”Responsibilit...
- 21 Days Ago
Assistant Actuary
- Opportunities
-
Hastings, MI
FULL_TIME
- Hastings Mutual is currently looking for an Assistant Actuary to join its Actuarial Services team! This is a great opportunity for an experienced Actuarial professional to support the meeting of our s...
- 24 Days Ago
Model Development Actuary, Long Term Care
- Genworth Financial
-
Michigan, MI
FULL_TIME
- This job offer is not available in your country. At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with...
- 9 Days Ago
Actuary jobs at Popular Companies
Internal Actuary
- Farmers Life Insurance Co.
-
- Company Overview: Join Farmers Life Insurance Company, a rapidly growing life insurance company focused on providing inn...
- 6/10/2024 12:00:00 AM
Associate Actuary
- USAA
-
San Antonio, TX
- Why USAA? Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the finan...
- 6/10/2024 12:00:00 AM
Associate Actuary
- USAA
-
Phoenix, AZ
- Why USAA? Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the finan...
- 6/10/2024 12:00:00 AM
Actuary
- PRI Technology
-
Whitehouse Station, NJ
- Job Description Job Description Actuary My name is Bill Stevens and I have a new twelve month plus Actuary opportunity a...
- 6/9/2024 12:00:00 AM
Actuary - Remote
- USAble Life
-
Little Rock, AR
- Description When it comes to making a meaningful difference in the lives of our customers and employees, USAble Life is ...
- 6/9/2024 12:00:00 AM
Enrolled Actuary
- Pension Associates Retirement Planning, LLC
-
Stamford, CT
- Job Description Job Description Pension Associates Retirement Planning LLC is a third party administration firm located ...
- 6/8/2024 12:00:00 AM
AVP, Actuary
- Wilton Re
-
Norwalk, CT
- AVP, Actuary Full Time Norwalk, CT About the Company: Wilton Re is an industry leader in the life (re)insurance space, s...
- 6/7/2024 12:00:00 AM
Associate Actuary
- Fidelity TalentSource LLC
-
Boston, MA
- Job Description: Associate Actuary Fidelity Investments Life Insurance Company (FILI) is looking for an Associate Actuar...
- 6/7/2024 12:00:00 AM
About Michigan
Michigan consists of two peninsulas that lie between 82°30' to about 90°30' west longitude, and are separated by the Straits of Mackinac. The 45th parallel north runs through the state—marked by highway signs and the Polar-Equator Trail—along a line including Mission Point Light near Traverse City, the towns of Gaylord and Alpena in the Lower Peninsula and Menominee in the Upper Peninsula. With the exception of two small areas that are drained by the Mississippi River by way of the Wisconsin River in the Upper Peninsula and by way of the Kankakee-Illinois River in the Lower Peninsula, Michigan...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuary jobs
$72,989 to $91,333
Most Popular Cities in Michigan for Actuary Jobs
What does an Actuary do?
Actuary in Philadelphia, PA
An actuary can study the market, the risk it exposes their clients/firms to and try to strategize accordingly.
October 07, 2019
Actuary in Raleigh, NC
Reserving actuary does this by studying patterns from the past or expert opinion.
December 05, 2019
Actuary in Vincennes, IN
It provides a useful starting point for those considering a career as an actuary.
December 12, 2019