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The Actuarial Operations Assistant 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 Operations Assistant 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 Operations 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. Being an Actuarial Operations Assistant work is closely managed. Works on projects/matters of limited complexity in a support role. Working as an Actuarial Operations Assistant typically requires 0-2 years of related experience.
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