Actuarial Associate

ClientSolv Technologies
Rockville, MD Remote Full Time
POSTED ON 3/18/2024
Company Description


ClientSolv Technologies is an IT solution firm with over a decade of experience serving Fortune 1000 companies, public sector and small to medium sized companies. ClientSolv Technologies is a woman-owned and operated company that is certified as a WMBE, 8a firm by the Federal government's Small Business Administration.


Job Description


We are seeking an Actuarial Associate for a direct hire/full time role. This role can work remotely for residents of Maryland and will be responsible for researching and determining the likelihood of financial risk to the organization, preparing and reviewing actuarial documentation for accuracy, and conducting product line evaluation, actuarial modeling, and financial risk and opportunity analyses.


Essential Responsibilities:


  • Supports actuarial documentation by preparing and reviewing for accuracy and reasonability the actuarial portion of financial reports and tax returns; and responses to insurance regulations.
  • Participates in product line evaluations by conducting analysis of product line financials, pricing, reserve, valuation , cash flow analysis; and analyzing product line performance, risk, and assumptions used in product development.
  • Stays abreast of actuarial research by examining developments in standards, assumptions, competition, and the legal and regulatory environment.
  • Assesses, analyzes and interprets financial risks and opportunities by applying actuarial methods; and conducting actuarial analyses.
  • Supports collaborations with business partners by understanding the business needs; translating actuarial constructs into non-technical recommendations; and complying with the Actuarial Standards of Practice.
  • Supports actuarial modeling by developing and enhancing actuarial models; assisting with the development of alternative assumptions and forecasts using in-house models or actuarial software; and assisting with validating the data and results.

Qualifications
  • Bachelors degree in mathematics or related field AND Minimum 4 years of actuarial experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.
  • Associate of the Casualty Actuarial Society Certificate OR Associate of the Society of Actuaries Certificate

Nice to have:

  • 4 years experience with databases and spreadsheets
  • 1 year of leadership experience

Additional Information


This direct hire/permanent role can work remotely for residents of Maryand. This role will offer good benefits and a total compensation range of $119,675 – $140,768 per year (base salary plus a 6% bonus).

Salary.com Estimation for Actuarial Associate in Rockville, MD
$115,123 to $154,784
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