Also referred to as:
Chief Actuarial Executive, Chief Actuarial Officer
Requirements and Responsibilities
Top Actuarial Executive oversees all aspects of an organization's actuarial function. Responsible for the development of formulas to predict and measure gains and losses in insurance plans. Being a Top Actuarial Executive requires a bachelor's degree. Typically reports to top management. The Top Actuarial Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. To be a Top Actuarial Executive typically requires 8+ years of managerial experience.