Actuarial Services Director jobs in West Virginia

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)

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P&C Actuarial Assistant - Reserving
  • National General
  • WFH, WV FULL_TIME
  • The P&C Actuarial Assistant - Reserving is responsible for performing reserve estimates and reporting financial results utilizing accepted actuarial standards, methodologies and knowledge gained through on the job training.

    This role works closely with management and key business partners to execute on appropriate reserving strategies of low to moderately complex lines of business.

    Key Responsibilities :

    • Uses best practices, with limited coaching, to perform basic to moderately complex reserving analysis, using traditional actuarial techniques, including proper documentation and evaluation, to provide insights and meet business needs
    • Communicates analysis results to management and non-technical users, making recommendations and providing support for assumptions and methodologies
    • Manages, and / or contributes on projects that are moderate complexity and are of moderate scale using accepted project management standards, with limited guidance
    • With limited coaching, reviews and ensures quality of data used to perform actuarial services within multiple tools / applications
    • Leverages understanding of insurance business, products, markets and regulatory environments in the creation of business strategies and decisions, building expertise within a specialized area

    Supervisory Responsibilities :

    This job does not have supervisory duties.

    Education and Experience :

    • Bachelors degree in related field of study such as actuarial science, math, or statistics
    • 2 or more years of experience (Preferred) in an actuarial reserving position
    • Successful completion of three or more actuarial exams with intent to pursue Fellow of the Casualty Actuarial Society (FCAS) designation

    Functional Skills :

    • Knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications
    • Advanced Microsoft Excel skills required. Working knowledge of Power Point and Word. Experience using Tableau or Power BI is a plus.
    • Ability to code in SQL (preferred), Python, or R is a plus
    • Strong written and verbal communication skills
    • Basic insurance knowledge, including professional standards of actuarial techniques
    • Ability to complete multiple concurrent assignments in a timely manner, with limited guidance
    • Work effectively in a team environment

    LI-CH1

    LI-Remote

    National General prides itself on offering our employees a robust Total Rewards package which includes base salary. The base range offered for the role is : $85,000 - $110,000 and may vary based on internal equity, and job-related skills, knowledge and experience;

    among other factors. Other financial components may be added as part of the competitive compensation package, in addition to a full range of benefits, dependent on the level and position offered.

    National General Holdings Corp. is an Equal Opportunity (EO) employer Veterans / Disabled and other protected categories.

    All qualified applicants will receive consideration for employment regardless of any characteristic protected by law. Candidates must possess authorization to work in the United States, as it is not our practice to sponsor individuals for work visas.

    9 hours ago
  • 5 Days Ago

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Social Services Director
  • Madison Center - Morgantown
  • Morgantown, WV FULL_TIME
  • Genesis is the nation's leading provider of healthcare services from short-term to long-term care and a wide variety of living options and professional clinical services. We are changing how care is d...
  • 16 Days Ago

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Environmental Services Director
  • Crestview Manor Healthcare Center
  • Jane Lew, WV FULL_TIME
  • CommuniCare Health Services is currently recruiting for a Full Time Environmental Services Director to oversee Maintenance operations at our Crestview Healthcare Center location. Full Time Day Shift P...
  • 16 Days Ago

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DIRECTOR OF SOCIAL SERVICES
  • Minnie Hamilton Health System
  • Grantsville, WV OTHER
  • Job Details Job Location: Minnie Hamilton Health Care Center - Grantsville, WV Salary Range: Undisclosed DescriptionBASIC PURPOSE: The Director of Social Services is responsible for providing professi...
  • 17 Days Ago

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Surgical Services Director
  • Watertown Regional Medical Center
  • Beckley, WV FULL_TIME
  • Raleigh General HospitalDescription Raleigh General Hospital Who We Are: People are our passion and purpose. Come work where you are appreciated for who you are not just what you can do. Raleigh Gener...
  • 18 Days Ago

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Director of Social Services
  • CommuniCare Family of Companies
  • Summersville, WV FULL_TIME
  • How good is your vision? How far can you see? Can you look beyond the body's limitations, beyond the constant medical needs, and see the soul inside?Summersville Healthcare Center, a member of the Com...
  • 19 Days Ago

West Virginia (/vərˈdʒɪniə/ (listen)) is a state located in the Appalachian region in the Southern United States and is also considered to be a part of the Middle Atlantic States. It is bordered by Pennsylvania to the north, Maryland to the east and northeast, Virginia to the southeast, Kentucky to the southwest, and Ohio to the northwest. West Virginia is the 41st largest state by area, and is ranked 38th in population. The capital and largest city is Charleston. West Virginia became a state following the Wheeling Conventions of 1861, after the American Civil War had begun. Delegates from so...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuarial Services Director jobs
$265,338 to $372,745

Actuarial Services Director in Racine, WI
Ensures that the Actuarial Department provides excellent services to various internal and external clients in the areas of pricing, reserving, forecasting, benefits and product development, provider relations/contracting, underwriting, and compliance.
January 23, 2020
Actuarial Services Director in Huntington, NY
If your organization includes a captive agency, actuarial services are a vital piece of your effectiveness and long-term viability.
December 19, 2019
Actuarial Services Director in Lancaster, PA
Join this team and you will provide clients with traditional actuarial services (e.g., reserving, pricing and mergers and acquisition support), as well as leading edge services such as financial reporting and measurement, financial risk management, modelling, hedging, reinsurance, securitization, economic capital and solvency.
December 20, 2019