Manager Actuarial Svcs Salary in West Virginia

Actuarial Manager - Average Salary $258,884

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Actuarial Assistant - Average Salary $64,220

Actuarial Assistant assists with statistical analysis to assess and manage risk and estimate financial outcomes. Collects, organizes, cleans, and maintains data related to insurance claims, policyholders, and other pertinent information. Being an Actuarial Assistant compiles, prepares, and analyzes data for actuarial studies or research. Prepares reports documenting actuarial analyses, findings, and recommendations and manages various clerical support tasks. Additionally, Actuarial Assistant records and tracks accruals, claims, and settlements and assists with the preparation of documents for input into regulatory filings and other financial projections. 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. Typically reports to a manager. The Actuarial Assistant work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Actuarial Assistant typically requires 0-2 years of related experience.

Actuarial Services Manager - Average Salary $154,723

Actuarial Services Manager manages the analysis and evaluation of potential risks to determine and manage financial impacts. Implements policies and procedures to guide statistical analysis and actuarial research and evaluate the likelihood and financial impact of various risks. Being an Actuarial Services Manager monitors daily operations to ensure regulatory compliance of products and financial operations. Evaluates risk exposure data and calculates appropriate insurance rates, premium levels, and rating systems and structures to provide input on product design. Additionally, Actuarial Services Manager leads the preparation of actuarial reports, financial statements, and regulatory filings. Assists with the development of financial budgets, forecasts, and other financial projections. 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 a director. The Actuarial Services Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Actuarial Services Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.

Actuarial Clerk - Average Salary $64,300

The Actuarial Clerk collects, organizes, cleans, and maintains data related to insurance claims, policyholders, and other pertinent information. Assists with statistical analysis to assess and manage risk and estimate financial outcomes. Being an Actuarial Clerk prepares reports documenting actuarial analyses, findings, and recommendations and manages various clerical support tasks. Compiles, prepares, and analyzes data for actuarial studies or research. In addition, Actuarial Clerk records and tracks accruals, claims, and settlements and assists with the preparation of documents for input into regulatory filings and other financial projections. 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. Typically reports to a manager. Being an Actuarial Clerk work is closely managed. Works on projects/matters of limited complexity in a support role. Working as an Actuarial Clerk typically requires 0-2 years of related experience.

Actuarial Operations Manager - Average Salary $154,800

The Actuarial Operations Manager implements policies and procedures to guide statistical analysis and actuarial research and evaluate the likelihood and financial impact of various risks. Manages the analysis and evaluation of potential risks to determine and manage financial impacts. Being an Actuarial Operations Manager evaluates risk exposure data and calculates appropriate insurance rates, premium levels, and rating systems and structures to provide input on product design. Monitors daily operations to ensure regulatory compliance of products and financial operations. In addition, Actuarial Operations Manager leads the preparation of actuarial reports, financial statements, and regulatory filings. Assists with the development of financial budgets, forecasts, and other financial projections. 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 a director. The Actuarial Operations Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as an Actuarial Operations Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.