Actuarial Assistant Salary in Minnesota

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. (Copyright 2024 Salary.com)... View full job description

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