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)
The Opportunity
Actuaries on the Pricing & Risk Analytics Team are responsible for pricing new reinsurance opportunities, managing the profitability of existing deals, and seeking opportunities to improve returns on a risk-adjusted basis. We’re seeking talented, highly collaborative actuaries who are passionate about using their technical superpowers to deliver outstanding solutions in a fast-paced environment.
This role will report to our lead PRT Actuary and offers a fantastic opportunity that combines traditional actuarial pricing and model development with hands-on predictive modeling. We are specifically seeking individuals who are passionate about the R programming language who want to advance their technical skills to the next level.
Roles and Responsibilities
Qualifications
Technical Skills
Location and Travel
Note to Recruitment Agencies
We kindly request that you do not forward any resumes to Martello Re employees unless specifically requested for this position or other roles within our organization.
Martello Re bears no responsibility for fees related to unsolicited resumes.