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 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 :
Supervisory Responsibilities :
This job does not have supervisory duties.
Education and Experience :
Functional Skills :
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.