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)
At Delta Dental of New Jersey, we rely on our interns to bring their insight and curiosity to broaden our perspective. We’re pleased to share that our Summer 2024 Intern program will begin on Monday, June 3rd and run through Friday, August 2nd. Our program is full time, Monday through Friday from 8 until 4:30, and we’ve got a great Wednesday 1 hybrid model allowing for collaboration and the flexibility of remote work too. We’re not looking for latte fetchers – these are meaty, dig deep to learn and solve real business problems alongside our talented, engaged professionals who want to share their knowledge, experience and networks.
In addition to focusing on your area of interest, our interns meet weekly to learn more about our business and our leaders. You’ll interface with our officers, have lunch with our CEO, and even volunteer at one of our foundation grantees facilities.
Come join a great team and get your smile on.
What You’ll Be Doing.
In the Underwriting & Actuarial Department, we’re working on pricing insurance contracts for our dental and vision products. Our intern can expect to prepare proposal information for underwriters, facilitate the flow of materials from sales to underwriting, review benefit overviews, and assist with small group renewals, data entry, and regulatory filings.
What You’ll Be Learning.
The Skills and Experience You’ll Need to Have.
Required Physical Abilities
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Working Environment
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