Actuarial Fellow jobs in Milwaukee, WI

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)

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Senior Actuarial Assistant - Health
  • Allstate Insurance
  • Milwaukee, WI FULL_TIME
  • The world isn't standing still, and neither is Allstate. We're moving quickly, looking across our businesses and brands and taking bold steps to better serve customers' evolving needs. That's why now is an exciting time to join our team. You'll have opportunities to take risks, challenge the status quo and shape the future for the greater good.

    You'll do all this in an environment of excellence and the highest ethical standards - a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.

    Everything we do at Allstate is driven by a shared purpose: to protect people from life's uncertainties so they can realize their hopes and dreams. For more than 89 years we've thrived by staying a step ahead of whatever's coming next - to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We've been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection.

    We are the Good Hands. We don't follow the trends. We set them.

    Job Summary:

    The Senior Actuarial Assistant - Health job is responsible for executing and/or managing projects in support of pricing insurance business utilizing accepted actuarial and statistical standards, methodologies and knowledge gained through on the job training. This role works closely with management and key business partners to develop and execute appropriate pricing, modeling and product strategies of moderate complexity to support business goals.

    Key Responsibilities:

    • Uses best practices to determine appropriate analysis and performs moderate to highly complex analysis, using creative actuarial, statistical and/or predictive modeling techniques, including proper documentation and evaluation, as appropriate to inform business decisions
    • Provides thought and/or technical leadership, including contributions to improvement, development and innovation, and sometimes serves as a subject matter expert
    • Plans, implements, manages, and/or contributes on projects that are moderate to high complex and are of moderate scale using accepted project management standards, this work is primarily self-directed
    • Communicates appropriateness of actuarial/modeling techniques and results to management and non-technical users to inform business decisions
    • Responsible for selecting, reviewing, using and ensuring quality of data used to perform actuarial and statistical services and determination of appropriate tool utilization
    • Leverages understanding of insurance business, products, markets and regulatory environments in the creation of business strategies and decisions, building expertise within a specialized area
    • May mentor and/or supervise less experienced talent

    Supervisory Responsibilities:
    This job does not have supervisory duties.
    Education and Experience:

    • 4 year Bachelors Degree (Preferred)
    • 3 or more years of experience (Preferred)
    • In lieu of the above education requirements, an equivalent combination of education and experience may be considered.

    Certificates, Licenses, Registrations:

    • Associate of the Society of Actuaries (ASA) designation, or significant progress toward designation

    Functional Skills:

    • Advanced knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications
    • Strong written and verbal communication skills including the ability to effectively collaborate with multi-disciplinary groups and various organizational levels
    • Experience in using, modifying and building predictive models as well as adapting them to unique situations
    • Ability to code in one or more programming languages and manipulate large, complex data sets
    • Advanced product, price, risk management and insurance regulation knowledge, including professional standards of actuarial/statistical techniques
    • High level project management skills to independently handle multiple projects of moderate complexity
    • Lead people/projects in a team environment

    Notes:
    The preceding description is not designed to be a complete list of all duties and responsibilities. May be required to perform other related duties as assigned. Regular, predictable attendance is an essential function of this job.

    Compensation offered for this role is$103,950.00-$149,737.50 per yearand is based on experience and qualifications.

    The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.

    Good Work. Good Life. Good Hands.

    As a Fortune 100 company and industry leader, we provide a competitive salary - but that's just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you'll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy.

    Learn more about life at Allstate. Connect with us on , , and or watch a .

    #LI-JB1

    Allstate generally does not sponsor individuals for employment-based visas for this position.

    Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

    For jobs in San Francisco, please click "" for information regarding the San Francisco Fair Chance Ordinance.
    For jobs in Los Angeles, please click "" for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.

    To view the "EEO is the Law" poster click "here". This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs

    To view the FMLA poster, click "here". This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.

    It is the Company's policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee's ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.

     

  • 1 Month Ago

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Actuarial Business Specialist
  • Northwestern Mutual
  • Milwaukee, WI FULL_TIME
  • At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference. Summary: Acts as an extension of the Actuarial Department by ensuring th...
  • 25 Days Ago

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Postdoctoral Fellow
  • Medical College of Wisconsin
  • Milwaukee, WI FULL_TIME
  • Position Description: Every great life-changing discovery begins the same way-with new knowledge. It can change everything, from a single life to the future of entire communities. That's why academic ...
  • 1 Day Ago

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Teacher Fellow
  • Milwaukee Excellence Inc
  • Milwaukee, WI FULL_TIME
  • The Teacher Fellow position is a unique opportunity for aspiring educators to collaborate closely with a credentialed teacher, gaining hands-on experience and mentorship in the art of teaching. The pr...
  • 1 Month Ago

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Actuarial Intern (Summer 2024; Full-Time)
  • Opportunities
  • Brookfield, WI FULL_TIME|INTERN
  • Network Health's success is rooted in its mission to create healthy and strong Wisconsin communities. It drives the decisions we make, including the people we choose to join our growing team. Network ...
  • Just Posted

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Teaching Fellow or Associate Teacher
  • GetSelected.com
  • Milwaukee, WI FULL_TIME
  • Free job-searching PD for educators. Find a school you love!www.getselected.comPosition DescriptionTeaching Fellow or Associate Teacher at multiple partner school sites (school-specific role descripti...
  • 1 Month Ago

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0 Actuarial Fellow jobs found in Milwaukee, WI area

Milwaukee lies along the shores and bluffs of Lake Michigan at the confluence of three rivers: the Menomonee, the Kinnickinnic, and the Milwaukee. Smaller rivers, such as the Root River and Lincoln Creek, also flow through the city. Milwaukee's terrain is sculpted by the glacier path and includes steep bluffs along Lake Michigan that begin about a mile (1.6 km) north of downtown. In addition, 30 miles (48 km) southwest of Milwaukee is the Kettle Moraine and lake country that provides an industrial landscape combined with inland lakes. According to the United States Census Bureau, the city has ...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuarial Fellow jobs
$181,144 to $234,698
Milwaukee, Wisconsin area prices
were up 1.8% from a year ago

Actuarial Fellow in Alexandria, LA
FSA (Fellow of Society of Actuaries) * Seven or more years of actuarial experience * Experience with Life and/or Annuity Insurance is helpful * Strong Microsoft Word, Excel, PowerPoint skills.
December 01, 2019
Actuarial Fellow in Long Beach, CA
Fellows can sit on Institute committees, stand for Council and vote in Council elections and at Annual General Meetings.
February 10, 2020
Actuarial Fellow in Honolulu, HI
After finishing exams and becoming a fellow, what responsibilities or perks come with the title.
January 16, 2020