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)
We are a growing actuarial consulting firm helping businesses in the medical insurance world succeed. We don’t just say that, we mean it and we do it every day. Strong service, work, and team ethics are the values that define us and empower us to make the impact that we do. We are seeking intellectually curious individuals that share our values and have a passion for delighting clients.
At AST, we don’t believe in “silos” or following “recipes” when performing actuarial work. We believe in teaching first principles, taking ownership, and being innovative with our work. We function in a collaborative environment where sharing information, regardless of experience, is encouraged. Our analysts construct models, consult with clients, perform both pricing and reserving analysis, and work on ad hoc projects. As a result, our teammates develop a breadth of actuarial knowledge and business acumen.
We’d love to hear from you if our professional philosophy and team-first culture engages you.
Interested applicants should provide resume and cover letter to hr@actuarialsti.com.