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)
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.
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0 Actuary jobs found in Boca Raton, FL area