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)
Actuarial pension consulting firm located in Baton Rouge, Louisiana specializing in providing actuarial and administrative services to public pension plans seeks candidate for its Data Analyst position. This position on the firm’s actuarial services team provides support for the firm’s actuarial analysts and actuaries. The analyst reviews actuarial valuation data using custom, in-house data analysis software and Microsoft Excel spreadsheets, works with client staff members to answer questions related to the valuation data, and makes changes as necessary. The analyst also supports the firm’s actuaries in performing experience studies, performs calculations of the cost of service credit transfers and purchases, provides support to the administrative services team, and assists in preparing reports for system Boards of Trustees and auditors.
Qualified candidates should meet the following criteria:
Bachelor’s degree required. Degree in Actuarial Science, Mathematics, Statistics, Finance or other closely related field a plus.
Cumulative GPA of 3.4 or higher.
Candidate must be organized and detail-oriented, must enjoy working with numbers, must have strong computer skills, and must have the ability to manage multiple projects.
A good candidate will have a strong technical background and be able to demonstrate expertise in using Microsoft Excel.
Candidates must be willing to work toward meeting client deadlines.
Not an exam taking actuarial position.
Support for actuarial exams not available for this position.
Salaried position and bonus eligible.
Benefits include health insurance and 401(k).
Job Type: Full-time
Benefits:
Schedule:
Work Location: In person
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