Actuarial Fellow jobs in Somerset, NJ
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
Senior Actuarial Analyst
- Everest Global Services, Inc.
-
Warren, NJ
FULL_TIME
- Title: Senior Actuarial Analyst Company: Everest Global Services, Inc. Job Category: Analytics Job Description: About Everest: Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Europe, Bermuda, Canada, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people. At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including: • Generous tuition/continuing education reimbursement • Mentoring opportunities • Flexible work arrangements • Talent development initiatives • Networking groups Job Summary: The Reinsurance Actuarial Pricing Department of Everest Global Services, a member of the Everest Group, Ltd. is looking for a Sr. Actuarial Analyst to join either our Warren, NJ or New York City office. This is a hybrid position working 3 days in office, 2 remote. Responsibilities include but not limited to: Price reinsurance treaties and liaise with underwriting in support of our Treaty Property book of business, with potential support for other North America EvRe teams. Peer review pricing for other members of the team. Perform profitability studies for actuarially sound planning and portfolio management and present results to senior management. Perform trend studies and line of business studies and present results to senior management. Participate in client visits, broker meetings, and marketing events as requested by the underwriters. Work with management to produce presentations and reports to meet management, board, and strategy reporting needs. Qualifications, Education & Experience: Years of experience: 3-7 in P&C actuarial pricing - reinsurance pricing or large account pricing preferred. Emphasis on short-tail property lines a plus. Familiarity with cat modeling outputs a plus. 2-5 actuarial exams and pursuing credentialing in the Casualty Actuarial Society. Knowledge, Skills & Competencies: Ideal candidate is a self-starter with an entrepreneurial spirit, strong business acumen, and excellent communications skills. Able to work in dynamic and agile environment, especially through remote setting. Technical know-how including Excel, VBA, SQL, Python, etc. a plus. For NYC Only: The base salary range for this position is $85,000-$120,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location Our Culture At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion. Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together. All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. #LI-KG1 #LI-Hybrid Type: Regular Time Type: Full time Primary Location: Warren, NJ Additional Locations: New York, NY Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com. Everest U.S. Privacy Notice | Everest (everestglobal.com) EVEREST is a leading international reinsurance and insurance group with an extensive distribution network that spans five continents. With roots dating back to 1973, Everest has developed a global footprint and deep client relationships that are largely unmatched by its peers. The Company’s principal business strategies seek to leverage its strengths to optimize returns over the underwriting cycle, thereby creating value for its shareholders and business partners.
- Just Posted
Senior Actuarial Analyst
- Chubb INA Holdings Inc.
-
Whitehouse, NJ
FULL_TIME
- Chubb is the world’s largest publicly traded P&C insurance company and the largest commercial insurer in the U.S. With operations in 54 countries and territories, Chubb provides commercial and persona...
- 7 Days Ago
AVP, Reinsurance Actuarial Pricing
- Everest Global Services, Inc.
-
Warren, NJ
FULL_TIME
- Title: AVP, Reinsurance Actuarial Pricing Company: Everest Global Services, Inc. Job Category: Analytics Job Description: About Everest: Everest is a leading global reinsurance and insurance provider,...
- 1 Month Ago
Reserving Actuarial Analyst - II
- Everest Global Services, Inc.
-
Warren, NJ
FULL_TIME
- Title: Reserving Actuarial Analyst - II Company: Everest Global Services, Inc. Job Category: Analytics Job Description: About Everest: Everest is a leading global reinsurance and insurance provider, o...
- 17 Days Ago
Actuarial Pricing Analyst
- Everest National Insurance Company
-
Warren, NJ
FULL_TIME
- Title: Actuarial Pricing Analyst Company: Everest Insurance Company Job Category: Analytics Job Description: Everest is a leading global reinsurance and insurance provider, operating for nearly 50 yea...
- 30 Days Ago
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0 Actuarial Fellow jobs found in Somerset, NJ area
Postdoctoral Fellow-MSH
- Mount Sinai Hospital
-
New York, NY
- Job Description Strength Through Diversity Ground breaking science. Advancing medicine. Healing made personal. Roles & R...
- 4/18/2024 12:00:00 AM
Postdoctoral Fellow - Kreimer Lab
- Rutgers University
-
Piscataway, NJ
- Position Details Position Information Recruitment/Posting Title Postdoctoral Fellow - Kreimer Lab Job Category Staff & E...
- 4/18/2024 12:00:00 AM
Psychology Postdoctoral Fellow $85,000
- Greenwich Psychology Group
-
New York, NY
- Greenwich Psychology Group is a boutique practice in New York City and Greenwich, CT. Our clinicians have been trained a...
- 4/18/2024 12:00:00 AM
Detention Fellow
- Seton Hall University
-
Newark, NJ
- Providing legal representation to detained and non-detained immigrants in removal proceedings. - Coordinating law studen...
- 4/17/2024 12:00:00 AM
Occupational Therapy Hand Fellow
- NYU Langone Health
-
New York, NY
- NYU Langone Health is a world-class, patient-centered, integrated academic medical center, known for its excellence in c...
- 4/16/2024 12:00:00 AM
Postdoctoral Fellow
- The Research Foundation SUNY Downstate
-
Brooklyn, NY
- Postdoctoral Associate ANNOUNCEMENT OF PROFESSIONAL VACANCY Applications are invited for consideration to the following ...
- 4/14/2024 12:00:00 AM
Post-Doctoral Fellow
- Rutgers University
-
Newark, NJ
- Position Details Position Information Recruitment/Posting Title Post-Doctoral Fellow Job Category Staff & Executive - Re...
- 4/14/2024 12:00:00 AM
Postdoctoral Fellow-MSH
- The Mount Sinai Health System
-
New York, NY
- Strength Through Diversity Ground breaking science. Advancing medicine. Healing made personal. Roles & Responsibilities:...
- 4/14/2024 12:00:00 AM
About Somerset, New Jersey
Somerset is an unincorporated community and census-designated place (CDP) located within Franklin Township, in Somerset County, New Jersey, United States. As of the 2010 United States Census, the CDP's population was 22,083.
Somerset housed one of the first Marconi Wireless Stations in the United States.
According to the United States Census Bureau, the CDP had a total area of 6.444 square miles (16.692 km2), including 6.327 square miles (16.388 km2) of land and 0.117 square miles (0.304 km2) of water (1.82%)....
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuarial Fellow jobs
$204,835 to $265,393
Somerset, New Jersey area prices
were up 1.5% from a year ago
were up 1.5% from a year ago
What does an Actuarial Fellow do?
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