Actuarial Fellow jobs in Iowa
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)
Recently Added Actuarial Fellow jobs
Senior Actuarial Analyst - Model Development
- Global Atlantic Financial Group - Actuarial Opportunities
-
Des Moines, IA
FULL_TIME
-
POSITION OVERVIEW
Global Atlantic’s Actuarial Model Development Team is seeking a Sr. Actuarial Analyst to join the Modeling team in Des Moines location.
Job Description:
- Developing models and performing thorough and timely pricing and risk analysis, including both statutory and GAAP profitability measures
- Enhance existing model and onboarding new models (for new reinsurance deals) for financial reporting production
- Perform financial and risk analysis and assess statutory and GAAP profitability measures using MG-ALFA actuarial model results and Excel spreadsheet calculation tools
- Preparing model documentation and supporting audit and regulatory requests
- Review and calculation of capital, requirements, Statutory reserves and GAAP reserves
- Working in the life insurance industry with a background in a range of life insurance products offered and specialized expertise with the various types of complex products such as Universal Life
- Modeling of cash flows, reserves, regulatory filing and software implementation of individual life insurance products.
- Familiarity with actuarial modeling software systems, such as MG-ALFA and AFM, used for cash flow projections of insurance business
- Utilizing database software system such as SAS, R, Python, or SQL
- Responding to ad-hoc actuarial requests, including new business case design, product marketing material review and actuarial, reinsurance, tax and other calculations as needed by various stakeholders in an insurance company
QUALIFICATIONS
- Education and experience equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required
- Two or more years of experience in the life/annuity insurance industry is required
- Direct experience with MG ALFA and Integrate or other actuarial valuation / projection software is required
- Demonstrated high competency to solve complex calculations and understand technical written material
- Strong communication, technical and analytical skills
- Ownership - Takes personal accountability for the execution of goals and objectives
- Innovative - Able to participate in the generation of new and unique ideas
- Teamwork - Positive attitude necessary to be part of a strong performing team
ADDITIONAL INFORMATION
- Actuarial Role with Student Program Support
- Minimum of three Actuarial Exams previously complete with the candidate continuing to make active progress towards ASA or FSA
- The role is not currently expected to manage other individuals
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- 1 Month Ago
Actuarial Analyst
- EMC Insurance
-
Des Moines, IA
FULL_TIME
- At EMC, you'll put your skills to good use as an important member of our team. You can count on gaining valuable experience while contributing to the company's success. EMC strives to hire and retain ...
- 26 Days Ago
Actuarial Associate
- Longevity Holdings
-
Cedar, IA
FULL_TIME
- Longevity Holdings (doing business through its subsidiaries ITM TwentyFirst, ITM, The Berwyn Group, Inc., Maple Life Analytics, LexServ, Fasano & Associates and PBI Research Services) is a fast growin...
- 1 Month Ago
Actuarial Product Pricing Lead
- Global Atlantic Financial Group Opportunities
-
Des Moines, IA
FULL_TIME
- POSITION OVERVIEW This position is a key member of the Individual Markets Product Pricing team, responsible for the pricing of industry-leading product portfolio. This individual will engage with key ...
- 3 Days Ago
Life Actuarial Associate III
- FBL Financial Group, Inc.
-
Des Moines, IA
FULL_TIME
- Life Actuarial Associate III Are you a results-oriented individual with strong problem-solving and analytical abilities? Do you enjoy working on multiple projects in a team-based environment? Are you ...
- 1 Month Ago
Senior Actuarial Tech I
- transamerica1
-
Rapids, IA
FULL_TIME
- Job Family Actuarial Who We Are Transamerica has been helping people feel better about the future for more than 100 years. We provide investment, retirement, and life insurance solutions to more than ...
- 1 Month Ago
Actuarial Fellow jobs at Popular Companies
Research Fellow
- Touro University
-
Valhalla, NY
- This is a research fellow (post-doctoral level) position involving scientific investigation in an NIH-funded lab within ...
- 4/19/2024 12:00:00 AM
Postdoctoral Fellow
- Loyola Marymount University
-
Los Angeles, CA
- AVAILABLE to start Fellowship on August 5, 2024. This 9-month + 2-week Post-Doctoral Residency is designed to meet the l...
- 4/19/2024 12:00:00 AM
Venture Fellow
- Fidelity TalentSource LLC
-
Boston, MA
- Venture Fellow Fine Structure Ventures, a venture fund affiliated with FMR Corp, the parent company of Fidelity Investme...
- 4/19/2024 12:00:00 AM
Postdoctoral Fellow
- Miami University
-
Oxford, OH
- Postdoctoral Fellow Job no: 502017 Department: Chemical, Paper & Biomedical Engineering Location: Oxford, OH Work type: ...
- 4/18/2024 12:00:00 AM
Fellow
- Community Foundation of Northwest Indiana
-
Munster, IN
- Respiratory Fellow Education Assistance Program. Offering up to $6400 tuition assistance to currently enrolled Respirato...
- 4/16/2024 12:00:00 AM
RN Fellow
- Ascension
-
Waco, TX
- Details Sign-on bonus: 5,000 Department: Cardiovascular Unit Unit Schedule: Full Time Rotating Hospital: Ascension Provi...
- 4/15/2024 12:00:00 AM
RN Fellow
- Ascension
-
Waco, TX
- Details Sign-on bonus: 5,000 Department: Ortho Neuro Nursing Unit Schedule: Full Time Rotating Hospital: Ascension Provi...
- 4/15/2024 12:00:00 AM
Fellow
- Advanced Research Projects Agency-Energy (ARPA-E)
-
Washington, DC
- POSITION DESCRIPTION: ARPA-E is looking for the next generation of scientists and engineers to help direct the future of...
- 4/15/2024 12:00:00 AM
About Iowa
Iowa (/ˈaɪəwə/ (listen)) is a state in the Midwestern United States, bordered by the Mississippi River to the east and the Missouri River and Big Sioux River to the west. It is bordered by six states; Wisconsin to the northeast, Illinois to the east, Missouri to the south, Nebraska to the west, South Dakota to the northwest and Minnesota to the north.
In colonial times, Iowa was a part of French Louisiana and Spanish Louisiana; its state flag is patterned after the flag of France. After the Louisiana Purchase, people laid the foundation for an agriculture-based economy in the heart of the Corn...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuarial Fellow jobs
$174,402 to $225,962
Most Popular Cities in Iowa for Actuarial Fellow Jobs
What does an Actuarial Fellow do?
Actuarial Fellow in Boca Raton, FL
The Actuaries Institute is committed to promoting the actuarial profession and is recognised as a source of authoritative, professional and independent comment for the financial services sector and non-traditional areas such as health, environment, climate change, genetics and information technology.
January 07, 2020
Actuarial Fellow in Salt Lake City, UT
Actuarial employers have fed back to us that there will always be a demand for the high levels of specialism demonstrated by our Fellows; particularly in established areas of actuarial employment such as pensions and insurance. However, they also need a more flexible qualification framework, which ensures that their employees are working to the level that is needed for the roles that they are undertaking.
January 18, 2020
Actuarial Fellow in High Point, NC
This proposal will also align the IFoA with the international market where an increasingly large proportion of our members operate, and will become the formal initial qualification for fully qualified actuaries who will possess 'core actuarial competencies'.
February 11, 2020