Actuary jobs in Salt Lake City, UT

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)

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Director. Pricing Actuary
  • WCF Insurance
  • Sandy, UT FULL_TIME
  • Position

    The Finance department has an immediate opening for someone who can demonstrate the WCF values to join their team as a Director, Pricing Actuary. This is a full-time, exempt position in the Sandy, Utah headquarters office. This position is open to internal and external candidates. Relocation assistance is available for this position.


    Responsibilities

    The Director, Pricing Actuary has a variety of responsibilities that support WCF's overall actuarial functions. Those responsibilities include:

    • Acts as Actuarial pricing lead and key subject matter expert for assigned line of business.
    • Leverages understanding of insurance, product, markets, and regulatory environments to develop and lead pricing, risk selection tools, and modeling strategies to influence business decisions across the organization.
    • Applies best practices and actuarial standards to develop and ensure appropriateness of analyses and methodologies used across the business to influence business decisions.
    • Conducts regular rate reviews across all products and programs to manage company profitability goals and regulatory filings.
    • Effectively communicates highly complex actuarial techniques and results in support of complex business decisions across the organization.
    • Support Product Management and market-facing teams through thought partnership on pricing related issues.


    Qualifications

    • Associate or Fellow of the Casualty Actuarial Society or equivalent from another actuarial society.
    • Bachelor's degree in actuarial.
    • At least eight years of property and casualty pricing and modeling experience.
    • Five years of commercial lines pricing experience.
    • Excellent communication and presentation skills.
    • Excellent people management skills.


    Ability to hire at the Director, Pricing Actuary level or other actuarial level, depending on experience and certifications.


    An internal candidate should have six months in their current position, have acceptable job performance, and must notify their current supervisor that they have applied for the position.


    WCF INSURANCE DE&I MISSION

    Promote and embrace a diverse, inclusive, equitable, and safe workplace.


    WCF INSURANCE IS AN EQUAL OPPORTUNITY EMPLOYER

    WCF Insurance provides equal employment opportunity to all qualified applicants and employees regardless of race, color, religion, sex, age, national origin, veteran status, disability that can be reasonably accommodated, or any other basis prohibited by federal, state, or local law.

  • 7 Days Ago

W
Director, Pricing Actuary
  • WCF Insurance
  • Sandy, UT FULL_TIME
  • Position The Finance department has an immediate opening for someone who can demonstrate the WCF values to join their team as a Director, Pricing Actuary. This is a full-time, exempt position in the S...
  • 8 Days Ago

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0 Actuary jobs found in Salt Lake City, UT area

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Actuary REMOTE
  • Staff Financial Group
  • Salt Lake City, UT
  • Actuary, ASA - REMOTE - Top Company The Actuary provides actuarial support across a broad range of actuarial and busines...
  • 4/21/2024 12:00:00 AM

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Associate Actuary - REMOTE
  • Staff Financial Group
  • Salt Lake City, UT
  • Associate Actuary - REMOTE You will be responsible for modeling and analyzing liability cash flows related to individual...
  • 4/21/2024 12:00:00 AM

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Actuary REMOTE
  • Staff Financial Group
  • Salt Lake City, UT
  • Actuary, ASA - REMOTE - Top Company The Actuary provides actuarial support across a broad range of actuarial and busines...
  • 4/20/2024 12:00:00 AM

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Actuary REMOTE
  • Staff Financial Group
  • Salt Lake City, UT
  • Actuary, ASA - REMOTE - Top Company The Actuary provides actuarial support across a broad range of actuarial and busines...
  • 4/20/2024 12:00:00 AM

S
Actuary REMOTE
  • Staff Financial Group
  • Salt Lake City, UT
  • Actuary, ASA - REMOTE - Top Company The Actuary provides actuarial support across a broad range of actuarial and busines...
  • 4/20/2024 12:00:00 AM

S
Actuary REMOTE
  • Staff Financial Group
  • Salt Lake City, UT
  • Actuary, ASA - REMOTE - Top Company The Actuary provides actuarial support across a broad range of actuarial and busines...
  • 4/20/2024 12:00:00 AM

S
Associate Actuary - REMOTE
  • Staff Financial Group
  • Salt Lake City, UT
  • Associate Actuary - REMOTE You will be responsible for modeling and analyzing liability cash flows related to individual...
  • 4/18/2024 12:00:00 AM

S
Associate Actuary - REMOTE
  • Staff Financial Group
  • Salt Lake City, UT
  • Associate Actuary - REMOTE You will be responsible for modeling and analyzing liability cash flows related to individual...
  • 4/18/2024 12:00:00 AM

Salt Lake City has an area of 110.4 square miles (286 km2) and an average elevation of 4,327 feet (1,319 m) above sea level. The lowest point within the boundaries of the city is 4,210 feet (1,280 m) near the Jordan River and the Great Salt Lake, and the highest is Grandview Peak, at 9,410 feet (2,868 m). The city is in the northeast corner of the Salt Lake Valley surrounded by the Great Salt Lake to the northwest, the steep Wasatch Range to the east, and Oquirrh Mountains to the west. Its encircling mountains contain several narrow canyons, including City Creek, Emigration, Millcreek, and Par...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuary jobs
$71,359 to $89,295
Salt Lake City, Utah area prices
were up 2.3% from a year ago

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