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)
Roles and Responsibilities:
Work with industry leading experts to execute design, analysis, modeling, simulation and testing/validation of innovative power systems or power electronics or electric machines (including dielectrics and insulation)
Strong background in any of those above domains
Collaborate with Engineers and Scientists from across the Vernova Advanced Research Center and business segments, to advance the energy transition.
Required Qualifications:
Current enrollment in a full-time Ph.D. degree program in Mechanical Engineering, or related disciplines at an ABET accredited university.
Legal authorization to work in the U.S. is required.
Because of the specific categories of data handled by GE Vernova Advanced Research and the structure of our work environment, we are unable to accommodate employment of persons while they are considered nationals of embargoed countries subject to restriction under the US Export Administration Regulations (EAR), 15 CFR Section 746 et seq. (currently North Korea, Syria, Iran and Cuba). Please note that citizens of embargoed countries who have either “U.S. person” status under U.S. export control laws or subsequent citizenship from a non-embargoed country can be considered.
Minimum GPA 3.0 / 4.0 scale.
Desired Characteristics:
Strong dedication to a career in technology and passion for supporting and leading the energy transition.
Excitement and enthusiasm for growing technical skills in any one or more technical areas listed above.
Experience with modeling and simulation tools and/or laboratory equipment (preferably in medium/high voltage labs) used in relevant fields.
Effective presentation and technical communication skills; ability to articulate technical problems in clear and simple terms.
The pay range for this position is $1,000-$2,000 USD weekly. The specific weekly rate offered to a candidate may be influenced by a variety of factors including the candidate’s experience, their education, and the work location.
GE Vernova provides travel reimbursement and housing stipend for qualified interns.
GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).
Relocation Assistance Provided: No
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