Actuary jobs in Westminster, CO

Actuary 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 Actuary 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, Actuary 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. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. The Actuary work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Actuary typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

A
Actuary
  • American Family Insurance
  • Denver, CO FULL_TIME
  • Position Compensation Range :

    $95,000.00 - $161,000.00

    Pay Rate Type : Salary

    Salary

    Compensation may vary based on the job level and your geographic work location.

    You will be part of the Indication team and will work closely with other actuaries to review and enhance the indication process of our commercial and specialty products.

    Your primary responsibility will be to provide sound pricing indication recommendations to the Product Manager who is responsible for the performance of these states.

    You will report to the Senior Manager, Actuary.

    Primary Accountabilities

    • You will contribute to all aspects of indication development and owns the recurring process.
    • You will provide technical background in support of rate filings with State Insurance departments; responds to and resolves regulatory questions.
    • You will contribute to recommendations and significant revisions to one or more actuarial methodologies related to insurance pricing, ratemaking, loss reserving, modeling or reinsurance.
    • You will develop relationships with core business partners and provide insights and solutions to address specific business concerns.
    • You will explore new concepts statistical models, and data sources to deliver innovative solutions for the business.
    • You will represent pricing on various data efforts including dataset development and consultation on data and analytical development.
    • You will monitor industry and competitor trends to determine potential impact to actuarial strategies and solutions.

    Qualifications

    • 2 years experience performing statistical / actuarial analysis and data forecasting and modeling techniques.
    • Extensive knowledge and understanding of property and casualty products, pricing, rates and industry trends.
    • Extensive knowledge and understanding of underwriting guidelines and concepts, pricing, ratemaking, loss reserving, modeling or reinsurance depending upon area of specialty.
    • Extensive knowledge and understanding of forecasting and statistical analysis and modeling.
    • Completion or near completion of Associate Casualty Actuary Society (ACAS) required
    • FCAS preferred
    • In this flex office / home role, you will be expected to work a minimum of 10 days per month from one of the following office locations : Madison, WI 53783;

    Boston, MA 02110; Chicago, IL 60601*; Denver, CO 80112; Eden Prairie, MN 55343; Keene, NH 03431; St. Joseph, MO 64507; Phoenix, AZ 85034; Nashville, TN 37214

    Internal candidates are encouraged to apply regardless of location and will be considered based upon the needs of the role.

    LI-Hybrid

    We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture.

    We encourage those who are passionate about what we do to apply!

    We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health.

    In addition, our student loan repayment program and paid-family leave are available to support our employees and their families.

    Interns and contingent workers are not eligible for American Family Insurance Group benefits.

    We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity.

    We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

    LI-RS1

    Last updated : 2024-04-22

  • 5 Days Ago

T
Actuary
  • Transamerica
  • Denver, CO FULL_TIME
  • Job Family Actuarial About Us At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the ta...
  • 2 Months Ago

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0 Actuary jobs found in Westminster, CO area

S
Actuarial Associate
  • Smith Hanley Associates
  • Denver, CO
  • Posted: 06/16/2022 Category: Actuarial Science Job Number: 281479-3_1 Salary: $70,000 - $120,000Job Description Title: A...
  • 4/28/2024 12:00:00 AM

C
Actuary Analyst
  • Clientsolv Technologies
  • Denver, CO
  • Company DescriptionClientSolv Technologies is an IT solution firm with over a decade of experience serving Fortune 1000 ...
  • 4/28/2024 12:00:00 AM

S
Associate Actuary - REMOTE
  • Staff Financial Group
  • Denver, CO
  • Associate Actuary - REMOTEYou will be responsible for modeling and analyzing liability cash flows related to individual ...
  • 4/28/2024 12:00:00 AM

S
Actuary REMOTE
  • Staff Financial Group
  • Denver, CO
  • Actuary, ASA - REMOTE - Top Company The Actuary provides actuarial support across a broad range of actuarial and busines...
  • 4/26/2024 12:00:00 AM

S
Actuary REMOTE
  • Staff Financial Group
  • Denver, CO
  • Actuary, ASA - REMOTE - Top Company The Actuary provides actuarial support across a broad range of actuarial and busines...
  • 4/25/2024 12:00:00 AM

S
Actuary REMOTE
  • Staff Financial Group
  • Denver, CO
  • Actuary, ASA - REMOTE - Top Company The Actuary provides actuarial support across a broad range of actuarial and busines...
  • 4/25/2024 12:00:00 AM

S
Actuary REMOTE
  • Staff Financial Group
  • Denver, CO
  • Actuary, ASA - REMOTE - Top Company The Actuary provides actuarial support across a broad range of actuarial and busines...
  • 4/25/2024 12:00:00 AM

S
Actuary REMOTE
  • Staff Financial Group
  • Denver, CO
  • Actuary, ASA - REMOTE - Top Company The Actuary provides actuarial support across a broad range of actuarial and busines...
  • 4/25/2024 12:00:00 AM

Westminster is a Home Rule Municipality in Adams and Jefferson counties in the U.S. state of Colorado. Westminster is a northwest suburb of Denver. The Westminster Municipal Center is located 9 miles (14 km) north-northwest of the Colorado State Capitol. As of the 2010 census the population of Westminster was 106,114, and as of 2016 the estimated population was 113,875. Westminster is the seventh most populous city in Colorado and the 237th most populous city in the United States. Westminster is a part of the Denver-Aurora-Lakewood, CO Metropolitan Statistical Area and the Denver-Aurora-Boulde...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuary jobs
$74,890 to $93,714
Westminster, Colorado area prices
were up 0.4% from a year ago

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