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)
MiddCORE is Middlebury's suite of experiential learning programs that build skills, create opportunities, and expand networks for tomorrow's leaders and innovators. Since 2008, this multidisciplinary program has collaborated with professionals from all industries to bring specialized knowledge to each MiddCORE session. Through the winter term course or The LAB, MiddCORE students engage with distinguished mentors to apply classroom-gained knowledge to real-world challenges, develop critical life skills, reflect on values, and experience working alongside top brands and industry leaders.
The MiddCORE programs are designed to improve creative confidence and professional competence, connect Middlebury students from all disciplines and backgrounds, and challenge students to learn by doing.
The MiddCORE Summer Lab is looking for a team of Fellows to lead our new community activation, industry-specific Slack Channels.
Our Ask of LAB Fellows:
What The MiddCORE Team will provide:
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