Actuarial Fellow jobs in Elkhart, IN
Actuarial Fellow 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 Actuarial Fellow 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, Actuarial Fellow 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. Requires Fellow of Society of Actuaries (FSA). Typically reports to a manager. To be an Actuarial Fellow typically requires 12+ years of related experience. Achievement and depth of knowledge of specialization or field is the main differentiator. Advisory role on complex and challenging projects and initiatives. Recognized for deep technical and industry knowledge and innovative thinking. Provides thought leadership and guidance to a functional area and the organization. (Copyright 2024 Salary.com)
Recently Added Actuarial Fellow jobs
- Everence
-
Goshen, IN
FULL_TIME
-
POSITION SUMMARY
Under the direct supervision of the Associate Actuary, is responsible for assisting with financial reporting and data analysis for Everence’s employer-sponsored health insurance.
RESPONSIBILITIES AND DUTIES
- Organize and update enrollment, premium, and claims data related to employer sponsored health insurance. Create regular and ad hoc reports as requested.
- Conduct actuarial rating analysis for employer sponsored health plans. Utilize Microsoft Access, Excel and Visual Basic to obtain and analyze data.
- Calculate reserves for assigned Everence health plans. Note patterns, trends, and unusual changes. Conduct testing and provide input into maintaining models.
- Assist clients by evaluating the impact of potential employee health benefit design changes.
- Develop knowledge of actuarial work, insurance principles, industry trends, and regulation through industry and actuarial resources. Learn about Everence practices through contact with persons at Everence.
- Assist as needed in actuarial analysis related to rating and reserving of Everence’s Annuity, Life and Senior Health product lines
- Work aggressively toward gaining professional actuarial status by preparing for actuarial exams.
QUALIFICATIONS
Education:
- A bachelor's degree in mathematics, actuarial science, business, computer science, finance or related field, including a background in calculus, algebra, probability, and statistics.
- Completion of several exams for the professional designation of Associate of the Society of Actuaries is desirable, although not required.
Experience: None
Skills/Abilities:
- Analytical and mathematical aptitude.
- Strong attention to detail and ensuring accuracy
- Self-motivation to study actuarial syllabus materials without supervision and to complete work assignments.
- Creative ability to solve mathematical and analytical problems and use computer resources effectively.
- Some programming abilities.
- Ability to communicate effectively with both actuaries and non-actuaries.
- Proficiency with Microsoft Excel and Microsoft Access.
- Sensitivity to Everence’s mission.
SUPERVISORY RESPONSIBILITIES: None
- 1 Month Ago
- Goshen College
-
Goshen, IN
FULL_TIME
- Position Summary: Goshen College is a Christian liberal arts institution that prepares students to thrive in life, leadership and service. We strive to model an inclusive community committed to transf...
- 1 Month Ago
- LocumJobsOnline
-
Goshen, IN
FULL_TIME
- LocumJobsOnline is working with CompHealth to find a qualified Neurology MD in Goshen, Indiana, 46526!About The PositionA lucrative neurology opportunity is available at a multi-specialty group in Ind...
- 18 Days Ago
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0 Actuarial Fellow jobs found in Elkhart, IN area
- Carpenter Co
-
Elkhart, IN
- **Customer Service Representative** **Job Description** **Customer Service Representative** Carpenter Co. has a great op...
- 4/26/2024 12:00:00 AM
- The Goddard School
-
Granger, IN
- Job Description Job Description The Goddard School in Granger Indiana is looking for full-time teachers to add to our te...
- 4/24/2024 12:00:00 AM
- Walmart
-
Elkhart, IN
- A Walmart stocker, also known as a backroom associate or overnight stocker, plays a crucial role in ensuring that mercha...
- 4/24/2024 12:00:00 AM
- Parkview Health
-
Warsaw, IN
- This position is for the adult population. This position is eligible for a sign on bonus Education Must hold a minimum o...
- 4/24/2024 12:00:00 AM
- The Stepping Stones Group
-
Mishawaka, IN
- School-Based Openings for the upcoming school year in Mishawaka, IN, start your career with SSG! The Stepping Stones Gro...
- 4/23/2024 12:00:00 AM
- Goshen Health
-
Goshen, IN
- The Patient Services Representative promotes exceptional customer relations at all times, whether in person or on the ph...
- 4/23/2024 12:00:00 AM
- The Stepping Stones Group
-
Mishawaka, IN
- School-Based Openings for the upcoming school year in Mishawaka, IN, start your career with SSG! The Stepping Stones Gro...
- 4/22/2024 12:00:00 AM
- RAC Brands
-
Elkhart, IN
- Job Description Rent A Center Ready to do your best work? Interested in a starting hourly rate up to $16.15? Why should ...
- 4/22/2024 12:00:00 AM
About Elkhart, Indiana
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