Actuary jobs in Colorado

Actuary 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 Actuary 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, Actuary 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. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. The Actuary work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Actuary typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

A
Actuary
  • American Family Insurance
  • Denver, CO FULL_TIME
  • Position Compensation Range :

    $95,000.00 - $161,000.00

    Pay Rate Type : Salary

    Salary

    Compensation may vary based on the job level and your geographic work location.

    You will be part of the Indication team and will work closely with other actuaries to review and enhance the indication process of our commercial and specialty products.

    Your primary responsibility will be to provide sound pricing indication recommendations to the Product Manager who is responsible for the performance of these states.

    You will report to the Senior Manager, Actuary.

    Primary Accountabilities

    • You will contribute to all aspects of indication development and owns the recurring process.
    • You will provide technical background in support of rate filings with State Insurance departments; responds to and resolves regulatory questions.
    • You will contribute to recommendations and significant revisions to one or more actuarial methodologies related to insurance pricing, ratemaking, loss reserving, modeling or reinsurance.
    • You will develop relationships with core business partners and provide insights and solutions to address specific business concerns.
    • You will explore new concepts statistical models, and data sources to deliver innovative solutions for the business.
    • You will represent pricing on various data efforts including dataset development and consultation on data and analytical development.
    • You will monitor industry and competitor trends to determine potential impact to actuarial strategies and solutions.

    Qualifications

    • 2 years experience performing statistical / actuarial analysis and data forecasting and modeling techniques.
    • Extensive knowledge and understanding of property and casualty products, pricing, rates and industry trends.
    • Extensive knowledge and understanding of underwriting guidelines and concepts, pricing, ratemaking, loss reserving, modeling or reinsurance depending upon area of specialty.
    • Extensive knowledge and understanding of forecasting and statistical analysis and modeling.
    • Completion or near completion of Associate Casualty Actuary Society (ACAS) required
    • FCAS preferred
    • In this flex office / home role, you will be expected to work a minimum of 10 days per month from one of the following office locations : Madison, WI 53783;

    Boston, MA 02110; Chicago, IL 60601*; Denver, CO 80112; Eden Prairie, MN 55343; Keene, NH 03431; St. Joseph, MO 64507; Phoenix, AZ 85034; Nashville, TN 37214

    Internal candidates are encouraged to apply regardless of location and will be considered based upon the needs of the role.

    LI-Hybrid

    We encourage you to apply even if you do not meet all of the requirements listed above. Skills can be used in many different ways, and your life and professional experience may be relevant beyond what a list of requirements will capture.

    We encourage those who are passionate about what we do to apply!

    We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health.

    In addition, our student loan repayment program and paid-family leave are available to support our employees and their families.

    Interns and contingent workers are not eligible for American Family Insurance Group benefits.

    We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity.

    We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law.

    LI-RS1

    Last updated : 2024-04-22

  • 1 Day Ago

T
Actuary
  • Transamerica
  • Denver, CO FULL_TIME
  • Job Family Actuarial About Us At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the ta...
  • 2 Months Ago

J
Associate Actuary
  • JobRapido
  • colorado, CO FULL_TIME
  • Why USAA? Let's do something that really matters.At USAA, we have an important mission: facilitating the financial security of millions of U.S. military members and their families. Not all of our empl...
  • 10 Days Ago

C
Remote Actuary Services Director (Medicare)
  • ClientSolv Technologies
  • Greenwood, CO FULL_TIME
  • Company DescriptionClientSolv Technologies is an IT solution firm with over a decade of experience serving Fortune 1000 companies, public sector and small to medium sized companies. ClientSolv Technol...
  • 12 Days Ago

P
ACTUARY
  • PRI Technology
  • Whitehouse Station, NJ
  • Job Description Job Description ACTUARY My name is Bill Stevens and I have a new twelve month plus Actuary opportunity a...
  • 4/26/2024 12:00:00 AM

U
Actuary
  • USAA
  • Phoenix, AZ
  • Why USAA? Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the finan...
  • 4/25/2024 12:00:00 AM

B
Actuary
  • Berkley
  • Manassas, VA
  • Company Details: BerkleyNet is an innovative workers compensation insurance provider that does all our business online. ...
  • 4/25/2024 12:00:00 AM

U
Actuary
  • USAA
  • San Antonio, TX
  • Why USAA? Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the finan...
  • 4/25/2024 12:00:00 AM

H
Actuary
  • Humana
  • Oklahoma City, OK
  • Become a part of our caring community and help us put health first The Actuary, Analytics/Forecasting analyzes and forec...
  • 4/24/2024 12:00:00 AM

H
Actuary
  • Humana
  • Trenton, NJ
  • Become a part of our caring community and help us put health first The Actuary, Analytics/Forecasting analyzes and forec...
  • 4/24/2024 12:00:00 AM

U
Actuary
  • USAA
  • Colorado Springs, CO
  • Why USAA? Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the finan...
  • 4/23/2024 12:00:00 AM

U
Actuary
  • USAA
  • Tampa, FL
  • Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the financial secur...
  • 4/22/2024 12:00:00 AM

Colorado (/ˌkɒləˈrædoʊ, -ˈrɑːdoʊ/ (listen), other variants) is a state of the Western United States encompassing most of the southern Rocky Mountains as well as the northeastern portion of the Colorado Plateau and the western edge of the Great Plains. It is the 8th most extensive and 21st most populous U.S. state. The estimated population of Colorado was 5,695,564 on July 1, 2018, an increase of 13.25% since the 2010 United States Census. The state was named for the Colorado River, which early Spanish explorers named the Río Colorado for the ruddy silt the river carried from the mountains. The...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuary jobs
$75,037 to $93,898

Actuary in Philadelphia, PA
An actuary can study the market, the risk it exposes their clients/firms to and try to strategize accordingly.
October 07, 2019
Actuary in Raleigh, NC
Reserving actuary does this by studying patterns from the past or expert opinion.
December 05, 2019
Actuary in Vincennes, IN
It provides a useful starting point for those considering a career as an actuary.
December 12, 2019