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)
This is a full-time on-site role for an Actuarial Support Specialist at New Era Life Insurance Company in Houston, TX. The successful candidate will be responsible for a range of day-to-day tasks, which include preparing rate increase filing for our products, aid Actuarial Analysts with data gathering and state document preparing, as well as analytical duties such as troubleshooting and data analysis. Support senior staff in a wide range of ongoing projects including monitoring rate filing status and handling state objections.
* Preferred at least one SOA exam success
Job Type: Full-time
Pay: From $45,000.00 per year
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Work Location: In person
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0 Actuarial Fellow jobs found in Pasadena, TX area