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)
Our Corporate Actuarial department is looking for an Actuarial Analyst to join our team and perform
data analysis and other technical work assignments in the Corporate Actuarial Department.
The qualifications are:
• College degree in mathematics, actuarial science or equivalent
• Business background preferred
• Completion of 1 preliminary exam
• Excellent mathematical aptitude
• Strong analytical skills and attention to detail
• Proficient in Microsoft Office suite (Excel, Word)
• Experience with programming languages and databases preferred
• Exceptional written, oral, and interpersonal communication skills
The role responsibilities are:
• Assist in the development and maintenance of actuarial models and software.
• Prepare actuarial items for interim financial statements.
• Assist in the preparation of the actuarial portions of the Annual Statement.
• Develop and maintain tools and reports for use in financial and product analysis.
• Collect, analyze, and validate data for actuarial analysis.
• Commit to actuarial exams and attainment of actuarial designation.
At Southern Farm Bureau Life Insurance Company, our Mission is to be the life insurance company of choice for our Farm Bureau family. Our focus is to provide competitive products and superior customer service to our Farm Bureau policyholders and agents, while observing the highest ethical standards. Southern Farm Bureau Life Insurance Company continues to build on over 75 years of success with an outlined strategic vision, defined core values and above all, our employees. Our Company strives to provide a workplace with an outstanding culture, focusing on the development, growth and engagement of its employees.
We are looking for candidates who model our Company’s Core Values which are:
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0 Actuarial Fellow jobs found in Jackson, MS area