Actuary jobs in Boca Raton, FL

Actuary 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 Actuary 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, Actuary 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. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. The Actuary work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Actuary typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

F
Actuary
  • Florida Peninsula Insurance
  • Boca Raton, FL OTHER
  • Job Details

    Job Location:    Corporate Office - Boca Raton, FL
    Position Type:    Full Time
    Salary Range:    Undisclosed

    Description

    Position Summary

    Florida Peninsula’s mission is to be the insurer Floridians choose to protect their homes by providing an exceptional customer experience. Through disciplined underwriting and the use of advanced analytics, we have experienced a tremendous level of profitable growth in the past few years. We are seeking a talented candidate to build and own our internal actuarial function. This position is part of the risk analytics group and supports our overall actuarial, reporting, and research functions.

    Essential Functions:

    • Work with the broader data science and catastrophe modeling team with pricing strategy development, and lead in preparation of rate filing materials
    • Develop dashboard that demonstrates current program mis pricing
    • Develop IBNR Analysis for all Florida Peninsula Subsidiaries for Personal Lines Property Insurance
    • Quarterly presentations and review of IBNR estimates for management and claims
    • Develop a reserve automation process, including research on emerging approaches to storm related claim development
    • Develop monthly monitoring tools for development patterns
    • Understand our claims process and provide analytics to improve claims processes
    • Support financial reporting and forecasting functions

     

    Qualifications


    Qualifications

    Required Education and Experience:

    • Bachelor’s degree in risk management, Statistics, Data Analytics, Mathematics or related field
    • Minimum of 3 years Property and Casualty insurance experience working in an actuarial/analyst role

     

    Preferred Qualifications:

    • ACAS/FCAS or near ACAS actuarial student with demonstrated exam success
    • Advanced capabilities with MS products (Excel, PowerPoint, Word)
    • Data analysis, data management software programs (SQL)
    • Data visualization tools such as QGIS/ArcGIS and MS PowerBI
    • Open-source statistical software (R or Python) a plus but not required
    • US Property experience in FL and/or a wildfire-prone state a plus but not required
    • Passion for telling stories with data

     

    Essential Skills:

    • Ability to build and maintain strong working relationships within and across teams
    • Strong communication, analytic and presentation skills
    • Considerable initiative, ability to prioritize tasks and creativity with respect to problem solving

     

    Core Competencies:

    • Organization
    • Time management
    • verbal and written communication
    • Detail oriented
  • 1 Month Ago

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Healthcare Actuary (Remote)
  • Payor Solutions
  • Beach, FL FULL_TIME
  • POSITION: Healthcare Actuary FULL-TIME/PART-TIME: Full time LOCATION: Remote Circadian Health offers bundled heart & rhythm, respiratory, endocrinology and sleep health solutions to risk bearing entit...
  • 1 Month Ago

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US E-GPS Consulting - Health Actuary Consultant Profile Hire - HC/OT
  • Deloitte US
  • Boca Raton, FL FULL_TIME
  • Are you interested in working in a dynamic environment that offers opportunities for professional growth and new responsibilities? Are you interested in helping clients drive alignment with their busi...
  • Just Posted

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0 Actuary jobs found in Boca Raton, FL area

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Office Administrator
  • Smith & Wilkinson
  • Delray Beach, FL
  • Our Insurance carrier client with an office based in Del Ray Florida, is seeking a full time Office Administrator to han...
  • 4/24/2024 12:00:00 AM

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Financial Advisor
  • RogueSearch
  • Boca Raton, FL
  • Senior Financial Advisor Boca Raton, FL If you have experience as a Financial Advisor, Private Client Advisor, or Wealth...
  • 4/24/2024 12:00:00 AM

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Financial Advisor- Wealth Management
  • NFP
  • Boca Raton, FL
  • Who We Are Wealthspire Advisors is a New York City-based, independent registered investment Advisory firm with $20B in A...
  • 4/24/2024 12:00:00 AM

E
Financial Advisor
  • Evershore Financial Group
  • Palm Beach Gardens, FL
  • ARE YOU…? …tired of working for “big box financial”? …working with a limited number of products and services, finding yo...
  • 4/24/2024 12:00:00 AM

M
Investment Advisor Representative
  • Magnolia Financial Planning Services, Inc
  • Fort Lauderdale, FL
  • Job Description Job Description Investment Advisor Representative (IAR) The Investment Advisor Representative (IAR) will...
  • 4/22/2024 12:00:00 AM

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Financial Advisor
  • Evershore Financial Group
  • Boca Raton, FL
  • ARE YOU? tired of working for big box financial? working with a limited number of products and services, finding yoursel...
  • 4/21/2024 12:00:00 AM

E
Financial Advisor
  • Evershore Financial Group
  • Palm Beach Gardens, FL
  • ARE YOU? tired of working for big box financial? working with a limited number of products and services, finding yoursel...
  • 4/21/2024 12:00:00 AM

E
Financial Advisor
  • Evershore Financial Group
  • Boca Raton, FL
  • ARE YOU…? …tired of working for “big box financial”? …working with a limited number of products and services, finding yo...
  • 4/20/2024 12:00:00 AM

According to the United States Census Bureau, the city has an area of 29.1 sq mi (75.4 km2), of which 27.2 sq mi (70.4 km2) of this is land and 1.9 sq mi (5.0 km2) of it (6.63%) is water. Boca Raton is a "principal city" (as defined by the Census Bureau) of the Miami metropolitan area. Approximately 1 sq mi is on the barrier island Deerfield Beach Island (DBI), also colloquially known as Deerfield Cay. Like other South Florida cities, Boca Raton has a water table that does not permit building basements, but there are several high points in the city, such as 4th Avenue which is aptly named "Hig...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuary jobs
$72,021 to $90,123
Boca Raton, Florida area prices
were up 1.5% from a year ago

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