Actuarial Fellow jobs in Lowell, MA

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)

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Retirement Actuarial Associate Partner
  • Aon
  • Burlington, MA FULL_TIME
  • Aon Is Looking for An Actuarial Associate Partner- Wealth Solutions

    Location Availability: Burlington, MA

    As part of an industry-leading team, you will help empower results for our clients and colleagues by serving as a client and business leader with a focus on actuarial consulting.

    There is a requirement for this role to be worked from our Burlington, MA office at least 3 days a week, due to an emphasis on leadership of local client teams and colleague development and mentorship.

    Your Impact As An Associate Partner:

    Successful candidates will focus primarily on working with new and existing clients on actuarial strategy for pension plans and broader consulting on retirement plans. Colleagues in this role are expected to lead key client relationships, maintain leadership of a strong local client team located in Burlington, and assist in business and office leadership. Candidates are expected to have a strong background in technical aspects of pension and retiree medical valuations and experience working in strategic project areas, including settlements, plan design, funding strategy and pension de-risking.

    Job Responsibilities:

    • Leads client relationship and delivery of all services for medium to large clients
    • Ability to work through larger, more complex projects with little oversight and is responsible for the results, including explanations, presentations, and impact
    • Ability to develop materials and lead presentations on complex topics that effectively communicate with client contacts, including C-suite
    • Provide technical expertise and strategic direction on topics that affect our clients and our business
    • Proactive in both initiating and leading some discussions internally and externally
    • Attend and lead discussions at regular meetings (including fiduciary committee meetings, valuation results meetings and strategy meetings)
    • Manage client financials with a focus on profitability
    • Lead client teams, providing guidance and mentorship to less experienced colleagues
    • Review work for both technical accuracy and reasonability
    • Periodic travel necessary to support clients (generally 2-4 meetings per year)

    Required Experience:

    • 8 years of retirement actuarial work experience
    • Significant experience and expertise with pension and retiree medical plans
    • Detail oriented and strong organization skills
    • Ability to manage urgent deadlines efficiently
    • Excellent verbal and written communication expertise
    • Ability to grow, manage and develop teams
    • Proficient MS Office software (Word, Excel and Power Point)

    Education:

    Academic degree in Actuarial Science, Mathematics, Economics, Statistics or similar degree

    Actuarial credentials, FSA, EA, or ASA.

    How we support our colleagues

    In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognize that flexibility goes beyond just the place of work... and we are all for it. We call this Smart Working!

    Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

    Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

    Aon provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. Aon is committed to a diverse workforce and is an affirmative action employer. People with criminal histories are encouraged to apply.

    We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on

    Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. The salary range for this position (intended for U.S. applicants) is $170,000-$240,000 annually. The actual salary will vary based on applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant's geographic location.

    The salary range reflected is based on a primary work location of Burlington, Massachusetts. The actual salary may vary for applicants in a different geographic location.

    This position is eligible to participate in one of Aon's annual incentive plans to receive an annual discretionary bonus in addition to base salary. The amount of any bonus varies and is subject to the terms and conditions of the applicable incentive plan.

    Aon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including, but not limited to: a 401(k) savings plan with employer contributions; an employee stock purchase plan; consideration for long-term incentive awards at Aon's discretion; medical, dental and vision insurance, various types of leaves of absence, paid time off, including 12 paid holidays throughout the calendar year, 15 days of paid vacation per year, paid sick leave as provided under state and local paid sick leave laws, short-term disability and optional long-term disability, health savings account, health care and dependent care reimbursement accounts, employee and dependent life insurance and supplemental life and AD&D insurance; optional personal insurance policies, adoption assistance, tuition assistance, commuter benefits, and an employee assistance program that includes free counseling sessions. Eligibility for benefits is governed by the applicable plan documents and policies.

    #LI-KT1

    #LI-HYBRID

    #LI-KT1

    2534601

    Aon provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, or domestic partner status. Aon is committed to a diverse workforce and is an affirmative action employer.

     

  • 1 Month Ago

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Psychology Postdoctoral Fellow
  • Lahey Hospital and Medical Center
  • Burlington, MA FULL_TIME
  • When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives.Job Type:RegularScheduled Hours:40Work Shift:Day (United States of America)Psychology Po...
  • 10 Days Ago

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Advanced Structural Surgical Fellow
  • Lahey Hospital and Medical Center
  • Burlington, MA FULL_TIME
  • When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives.Job Type:RegularScheduled Hours:40Work Shift:Day (United States of America)Fellow - CT S...
  • 11 Days Ago

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Nurse Practitioner Fellow, Dermatology
  • Lahey Hospital and Medical Center
  • Burlington, MA FULL_TIME
  • When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives. Job Type: Regular Scheduled Hours: 40 Work Shift: Day (United States of America) Practi...
  • 26 Days Ago

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Urology Advanced Practitioner(PA/NP) Fellow
  • Lahey Hospital and Medical Center
  • Burlington, MA FULL_TIME
  • When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives.Job Type:RegularScheduled Hours:40Work Shift:Day (United States of America)Adv Practitio...
  • 18 Days Ago

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Mental Health Counselor Fellow LAH 239430
  • Lahey Hospital and Medical Center
  • Burlington, MA FULL_TIME
  • When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives.Job Type:RegularScheduled Hours:40Work Shift:Day (United States of America)Provides coun...
  • 13 Days Ago

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0 Actuarial Fellow jobs found in Lowell, MA area

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Research Fellow
  • Harvard University
  • Cambridge, MA
  • Position Details Title Research Fellow School Harvard School of Dental Medicine Department/Area Kota Lab/Department of O...
  • 4/25/2024 12:00:00 AM

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Research Fellow, Vavvas
  • Partners Healthcare System
  • Boston, MA
  • POSITION SUMMARY: Proposes and undertakes a mentored, innovative project or challenge to develop novel molecular therapi...
  • 4/25/2024 12:00:00 AM

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Research Fellow (HPI)
  • Point32Health, Inc
  • Boston, MA
  • Who We Are Point32Health is a leading health and wellbeing organization, delivering an ever-better personalized health c...
  • 4/25/2024 12:00:00 AM

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Psychology Postdoctoral Fellow
  • Beth Israel Lahey Health
  • Burlington, MA
  • When you join the growing BILH team, you're not just taking a job, you're making a difference in people's lives. Job Typ...
  • 4/25/2024 12:00:00 AM

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Research Fellow BE (KPro)
  • Partners Healthcare System
  • Boston, MA
  • POSITION SUMMARY: Post-doc fellowship in methods for surface modifications of the KPro to improve bio-integration and in...
  • 4/25/2024 12:00:00 AM

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Research Fellow BE (KPro)
  • Mass Eye and Ear
  • Boston, MA
  • POSITION SUMMARY: Post-doc fellowship in methods for surface modifications of the KPro to improve bio-integration and in...
  • 4/25/2024 12:00:00 AM

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Venture Fellow
  • Fidelity TalentSource LLC
  • Boston, MA
  • Venture Fellow Fine Structure Ventures, a venture fund affiliated with FMR Corp, the parent company of Fidelity Investme...
  • 4/24/2024 12:00:00 AM

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Dean of Students Fellow
  • Uncommon Schools
  • Boston, MA
  • Company Description Uncommon Schools is a nonprofit network of high-performing, public charter schools providing an outs...
  • 4/22/2024 12:00:00 AM

Lowell is a city in the U.S. Commonwealth of Massachusetts. Located in Middlesex County, Lowell (along with Cambridge) was a county seat until Massachusetts disbanded county government in 1999. With an estimated population of 109,945 in 2014, it is the fourth-largest city in Massachusetts, and the second-largest in the Boston metropolitan statistical area. The city is also part of a smaller Massachusetts statistical area called Greater Lowell, as well as New England's Merrimack Valley region. Incorporated in 1826 to serve as a mill town, Lowell was named after Francis Cabot Lowell, a local fi...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuarial Fellow jobs
$198,821 to $257,601
Lowell, Massachusetts area prices
were up 1.6% from a year ago

Actuarial Fellow in Alexandria, LA
FSA (Fellow of Society of Actuaries) * Seven or more years of actuarial experience * Experience with Life and/or Annuity Insurance is helpful * Strong Microsoft Word, Excel, PowerPoint skills.
December 01, 2019
Actuarial Fellow in Long Beach, CA
Fellows can sit on Institute committees, stand for Council and vote in Council elections and at Annual General Meetings.
February 10, 2020
Actuarial Fellow in Honolulu, HI
After finishing exams and becoming a fellow, what responsibilities or perks come with the title.
January 16, 2020