Actuarial Fellow jobs in Maine

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)

N
P&C Actuarial Assistant - Reserving
  • National General
  • WFH, ME FULL_TIME
  • The P&C Actuarial Assistant - Reserving is responsible for performing reserve estimates and reporting financial results utilizing accepted actuarial standards, methodologies and knowledge gained through on the job training.

    This role works closely with management and key business partners to execute on appropriate reserving strategies of low to moderately complex lines of business.

    Key Responsibilities :

    • Uses best practices, with limited coaching, to perform basic to moderately complex reserving analysis, using traditional actuarial techniques, including proper documentation and evaluation, to provide insights and meet business needs
    • Communicates analysis results to management and non-technical users, making recommendations and providing support for assumptions and methodologies
    • Manages, and / or contributes on projects that are moderate complexity and are of moderate scale using accepted project management standards, with limited guidance
    • With limited coaching, reviews and ensures quality of data used to perform actuarial services within multiple tools / applications
    • Leverages understanding of insurance business, products, markets and regulatory environments in the creation of business strategies and decisions, building expertise within a specialized area

    Supervisory Responsibilities :

    This job does not have supervisory duties.

    Education and Experience :

    • Bachelors degree in related field of study such as actuarial science, math, or statistics
    • 2 or more years of experience (Preferred) in an actuarial reserving position
    • Successful completion of three or more actuarial exams with intent to pursue Fellow of the Casualty Actuarial Society (FCAS) designation

    Functional Skills :

    • Knowledge in the use and ability to learn a wide variety of tools, data sources and computer applications
    • Advanced Microsoft Excel skills required. Working knowledge of Power Point and Word. Experience using Tableau or Power BI is a plus.
    • Ability to code in SQL (preferred), Python, or R is a plus
    • Strong written and verbal communication skills
    • Basic insurance knowledge, including professional standards of actuarial techniques
    • Ability to complete multiple concurrent assignments in a timely manner, with limited guidance
    • Work effectively in a team environment

    LI-CH1

    LI-Remote

    National General prides itself on offering our employees a robust Total Rewards package which includes base salary. The base range offered for the role is : $85,000 - $110,000 and may vary based on internal equity, and job-related skills, knowledge and experience;

    among other factors. Other financial components may be added as part of the competitive compensation package, in addition to a full range of benefits, dependent on the level and position offered.

    National General Holdings Corp. is an Equal Opportunity (EO) employer Veterans / Disabled and other protected categories.

    All qualified applicants will receive consideration for employment regardless of any characteristic protected by law. Candidates must possess authorization to work in the United States, as it is not our practice to sponsor individuals for work visas.

    1 day ago
  • 4 Days Ago

U
Postdoctoral Fellow
  • University of Maine
  • Orono, ME FULL_TIME
  • Position Title: Postdoctoral Fellow (id:83208) Campus: Orono Department: Maine Business School - OMBS Bargaining Unit: UMPSA Salary Band/Wage Band: N/A Location: Orono ME Statement of the Job: The Pos...
  • 10 Days Ago

M
Organizing Fellow
  • Maine People's Alliance
  • Bangor, ME PART_TIME
  • Maine People’s Alliance is Hiring Maine People's Alliance (MPA) is a community of Maine people, from all different backgrounds, who believe that we can live in a world where everyone has what they nee...
  • 12 Days Ago

C
Justice Fellow
  • Coastal Enterprises
  • Brunswick, ME FULL_TIME
  • Now more than ever, you can help build a strong and inclusive economy by helping to grow small businesses and strengthen communities in Maine. The Justice Fellowship at Coastal Enterprises, Inc. (CEI)...
  • 25 Days Ago

A
Policy Fellow
  • ACLU - Affiliate Offices
  • Portland, ME FULL_TIME
  • ABOUT THE ACLU OF MAINE We are the Maine affiliate of the American Civil Liberties Union. We fight for equality, justice, and freedom for all people in Maine in the statehouse, in the courthouse, and ...
  • 1 Month Ago

N
Postdoctoral Research Fellow
  • Northeastern University
  • Portland, ME FULL_TIME
  • About the Opportunity About the Institute Do you want to be part of an exciting new Institute focused on combining human and machine intelligence into working AI solutions? We are launching a pioneeri...
  • 17 Days Ago

To the south and east is the Atlantic Ocean and to the north and northeast is New Brunswick, a province of Canada. The Canadian province of Quebec is to the northwest. Maine is both the northernmost state in New England and the largest, accounting for almost half of the region's entire land area. Maine is the only state in the continental US to border only one other American state (New Hampshire to the South and West). Maine is the easternmost state in the United States in both its extreme points and its geographic center. The town of Lubec is the easternmost organized settlement in the United...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuarial Fellow jobs
$177,317 to $229,740

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