Actuary jobs in Columbia, SC

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)

U
Director, Actuary
  • Unum
  • Columbia, SC FULL_TIME
  • Job Posting End Date: April 01

    When you join the team at Unum, you become part of an organization committed to helping you thrive.

    Here, we work to provide the employee benefits and service solutions that enable employees at our client companies to thrive throughout life’s moments. And this starts with ensuring that every one of our team members enjoys opportunities to succeed both professionally and personally. To enable this, we provide:

    • Award-winning culture

    • Inclusion and diversity as a priority

    • Performance Based Incentive Plans

    • Competitive benefits package that includes: Health, Vision, Dental, Short & Long-Term Disability

    • Generous PTO (including paid time to volunteer!)

    • Up to 9.5% 401(k) employer contribution

    • Mental health support

    • Career advancement opportunities

    • Student loan repayment options

    • Tuition reimbursement

    • Flexible work environments

    • All the benefits listed above are subject to the terms of their individual Plans.

    And that’s just the beginning…

    With 10,000 employees helping more than 39 million people worldwide, every role at Unum is meaningful and impacts the lives of our customers. Whether you’re directly supporting a growing family, or developing online tools to help navigate a difficult loss, customers are counting on the combined talents of our entire team. Help us help others, and join Team Unum today!

    General Summary:

    This is a senior level position that requires independent judgment, initiative and solid business knowledge. This role actively identifies, researches and analyzes a variety of actuarial issues and concepts. In this role, one will identify, plan and initiate projects and may manage a team. Considerable reliance will be placed on the individual’s judgment. This position is an active participant on a variety of other cross functional/operating teams (e.g., underwriting, compliance, customer care etc.) Minimum qualifications include at least four years of relevant experience and the designation of Fellow of the Society of Actuaries.

    Principal Duties and Responsibilities

    • Analyze emerging experience, monitor marketplace trends, and identify issues
    • Develop analysis framework and recommend enhancements
    • Recommend updated pricing, valuation or reserving assumptions to management
    • Lead development of tools to support pricing, valuation, underwriting and business analysis and participate in implementation efforts
    • Prepare financial reports and projections; perform analysis of financial data
    • Participate actively on cross-functional/operational task forces (e.g. underwriting, compliance, customer care)
    • Mentor, manage and train an actuarial support staff
    • May perform other duties as assigned

    Job Specifications

    • Bachelors degree required
    • Fellowship in the Society of Actuaries
    • At least four years of relevant experience and/or a high level of technical expertise
    • Strong problem solving ability and project management skills
    • Hands-on experience with current technology
    • Solid people management
    • Strong verbal and written communication skills
    • Demonstrates strong leadership abilities

    Unum and Colonial Life are part of Unum Group, a Fortune 500 company and leading provider of employee benefits to companies worldwide. Headquartered in Chattanooga, TN, with international offices in Ireland, Poland and the UK, Unum also has significant operations in Portland, ME, and Baton Rouge, LA - plus over 35 US field offices. Colonial Life is headquartered in Columbia, SC, with over 40 field offices nationwide.

    The base salary range for applicants for this position is listed below. Unless actual salary is indicated above in the job description, actual pay will be based on skill, geographical location and experience.

    $109,100.00-$213,300.00

    Additionally, Unum offers a portfolio of benefits and rewards that are competitive and comprehensive including healthcare benefits (health, vision, dental), insurance benefits (short & long-term disability), performance-based incentive plans, paid time off, and a 401(k) retirement plan with an employer match up to 5% and an additional 4.5% contribution whether you contribute to the plan or not. All benefits are subject to the terms and conditions of individual Plans.

    Company:

    Unum
  • 1 Month Ago

Filters

Clear All

  • Filter Jobs by companies
  • More

0 Actuary jobs found in Columbia, SC area

A
Actuary III
  • Aflac
  • Columbia, SC
  • We’ve Got You Under Our Wing We are the duck. We develop and empower our people, cultivate relationships, give back to o...
  • 4/25/2024 12:00:00 AM

E
Entry Level - Financial Advisor
  • Equitable Advisors
  • Equitable Advisors is a respected wealth management firm with a proven track record in the industry. We are driven by ou...
  • 4/24/2024 12:00:00 AM

E
Product Delivery Manager - Technology Financial Projects | Columbia, SC, USA
  • Edward Jones
  • Columbia, SC
  • Product Delivery Manager - Technology Financial Projects Product Delivery Manager - Technology Financial Projects Edward...
  • 4/24/2024 12:00:00 AM

E
Associate Product Manager-Cash and Banking | Columbia, SC, USA
  • Edward Jones
  • Columbia, SC
  • Associate Product Manager-Cash and Banking Associate Product Manager-Cash and Banking Edward Jones Columbia, United Stat...
  • 4/24/2024 12:00:00 AM

F
OTR Class A CDL Semi Truck Driver $ .65 per mile, minimum $1000 salary
  • First Class Xpress
  • Columbia, SC
  • Job Description Job Description We are seeking a Semi Truck Driver to join our team immediately! You will be responsible...
  • 4/23/2024 12:00:00 AM

L
Financial Representative - State Farm Agent Team Member
  • Liz Portee - State Farm Agent
  • West Columbia, SC
  • ROLE DESCRIPTION: As a Financial Representative, you will assist the Financial Advisor to create long-term financial pla...
  • 4/23/2024 12:00:00 AM

A
Actuary III
  • Aflac
  • Columbia, SC
  • Weve Got You Under Our Wing We are the duck. We develop and empower our people, cultivate relationships, give back to ou...
  • 4/22/2024 12:00:00 AM

E
Branch Office Administrator
  • Edward Jones
  • Lexington, SC
  • Would you call yourself a relationship builder, a problem solver or a critical thinker? If you answered yes, we need you...
  • 3/25/2024 12:00:00 AM

One of Columbia's more prominent geographical features is its fall line, the boundary between the upland Piedmont region and the Atlantic Coastal Plain, across which rivers drop as falls or rapids. Columbia grew up at the fall line of the Congaree River, which is formed by the convergence of the Broad River and the Saluda River. The Congaree was the farthest inland point of river navigation. The energy of falling water also powered Columbia's early mills. The city has capitalized on this location which includes three rivers by christening itself "The Columbia Riverbanks Region". Columbia is lo...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuary jobs
$68,196 to $85,336
Columbia, South Carolina area prices
were up 1.5% from a year ago

Actuary in Lynchburg, VA
While the bank may or may not be able to close the customer's account, they will treat the customer according to the actuary's evaluation.
December 18, 2019
Actuary in Lake Charles, LA
These professional organizations can play a very important role in your development as a professional actuary.
November 08, 2019
Actuary in Pascagoula, MS
Common Actuary duties and responsibilities include.
October 15, 2019