Actuarial Services Director directs the activities of an organization's actuarial function. Oversees the analysis and evaluation of potential risks to determine the financial impacts of new or existing insurance plans. Being an Actuarial Services Director develops policies, procedures, and formulas to guide statistical analysis and actuarial research and evaluate the likelihood and financial impact of various risks. Designs processes and guidelines to ensure regulatory compliance of products and financial operations. Additionally, Actuarial Services Director leads the design and development of insurance products by evaluating and approving insurance rates, premium levels, and rating systems and structures. Oversees the preparation of actuarial reports, financial statements, and regulatory filings and develops financial budgets, forecasts, and other financial projections. Researches and selects major rating assumptions to support accurate statistical analysis and evaluates the effectiveness of existing formulas. Evaluates product performance against established profitability targets and recommends modifications. 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. May require Associate of Society of Actuaries (ASA). May require Fellow of Society of Actuaries (FSA). Typically reports to senior management. The Actuarial Services Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Actuarial Services Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Position Description Title: Accounting Specialist
Reports to: Director of Finance and Operations
Are you looking to grow your career with an organization that prides itself on fostering a collaborative work environment, where every team member's contribution is valued and recognized? If the answer is yes and you have top notch analytical skills and attention to detail, then look no further. The Accounting Specialist is responsible for supporting the Finance department on numerous tasks including month-end close, account reconciliations, monthly cash reconciliation. They will also help to maintain financial records ensuring the integrity of data in membership and financial database; assist with annual audit schedules, conduct financial analysis to support decision-making, assist with budget preparation, and provide customer service to internal and external stakeholders. The incumbent maintains internal financial controls, contributes and upholds department policy, and safeguards assets of CAS and members.
Duties and responsibilities include but are not limited to the following:
Finance Administration
Reporting and System Maintenance
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0 Actuarial Services Director jobs found in Gaithersburg, MD area