Actuary jobs in Florida

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)

F
Actuary
  • Florida Peninsula Insurance
  • Boca Raton, FL OTHER
  • Job Details

    Job Location:    Corporate Office - Boca Raton, FL
    Position Type:    Full Time
    Salary Range:    Undisclosed

    Description

    Position Summary

    Florida Peninsula’s mission is to be the insurer Floridians choose to protect their homes by providing an exceptional customer experience. Through disciplined underwriting and the use of advanced analytics, we have experienced a tremendous level of profitable growth in the past few years. We are seeking a talented candidate to build and own our internal actuarial function. This position is part of the risk analytics group and supports our overall actuarial, reporting, and research functions.

    Essential Functions:

    • Work with the broader data science and catastrophe modeling team with pricing strategy development, and lead in preparation of rate filing materials
    • Develop dashboard that demonstrates current program mis pricing
    • Develop IBNR Analysis for all Florida Peninsula Subsidiaries for Personal Lines Property Insurance
    • Quarterly presentations and review of IBNR estimates for management and claims
    • Develop a reserve automation process, including research on emerging approaches to storm related claim development
    • Develop monthly monitoring tools for development patterns
    • Understand our claims process and provide analytics to improve claims processes
    • Support financial reporting and forecasting functions

     

    Qualifications


    Qualifications

    Required Education and Experience:

    • Bachelor’s degree in risk management, Statistics, Data Analytics, Mathematics or related field
    • Minimum of 3 years Property and Casualty insurance experience working in an actuarial/analyst role

     

    Preferred Qualifications:

    • ACAS/FCAS or near ACAS actuarial student with demonstrated exam success
    • Advanced capabilities with MS products (Excel, PowerPoint, Word)
    • Data analysis, data management software programs (SQL)
    • Data visualization tools such as QGIS/ArcGIS and MS PowerBI
    • Open-source statistical software (R or Python) a plus but not required
    • US Property experience in FL and/or a wildfire-prone state a plus but not required
    • Passion for telling stories with data

     

    Essential Skills:

    • Ability to build and maintain strong working relationships within and across teams
    • Strong communication, analytic and presentation skills
    • Considerable initiative, ability to prioritize tasks and creativity with respect to problem solving

     

    Core Competencies:

    • Organization
    • Time management
    • verbal and written communication
    • Detail oriented
  • 1 Month Ago

P
Consulting Actuary
  • Perr&Knight
  • U.S. Remote or Hybrid (CA, FL FULL_TIME
  • What We'll Bring to the Table:- Friendly, dynamic work environment – Includes certification as a Great Place to Work® (three years in a row!) along with Climate Neutral Status- Competitive salary incl...
  • 18 Days Ago

T
Director, Actuary
  • TurningPoint Healthcare Solutions, LLC
  • Lake, FL FULL_TIME
  • Director, Actuary Who We Are: TurningPoint Healthcare Solutions is disrupting the traditional approach to specialty care management through innovative technology and world-class clinical expertise. Fo...
  • 19 Days Ago

A
Chief Actuary
  • A-CAP Services LLC
  • Miami, FL FULL_TIME
  • JOB TITLE: Chief ActuaryEMPLOYER: A-CAP Services LLCDEPARTMENT: ActuarialREPORTS TO: Chief Financial OfficerLOCATION: Onsite in Miami, FL (Brickell)ABOUT THE COMPANYA-CAP is a rapidly growing organiza...
  • Just Posted

O
Associate Actuary
  • Orion180
  • Melbourne, FL FULL_TIME
  • Orion180 is a people-focused, technology-driven insurance brand that offers proprietary technology, real-time data, and straightforward underwriting enabling independent insurance agents to provide th...
  • 11 Days Ago

B
Chief Actuary
  • Berkley
  • Jacksonville, FL OTHER
  • Company Details Carolina Casualty (CCI) is a Berkley Company. CCI offers insurance products to insureds that operate in the commercial trucking and public transportation industries within the United S...
  • 26 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

Florida (/ˈflɒrɪdə/ (listen); Spanish for "land of flowers") is the southernmost contiguous state in the United States. The state is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Atlantic Ocean, and to the south by the Straits of Florida. Florida is the 22nd-most extensive (65,755 sq mi or 170,300 km2), the 3rd-most populous (21,312,211 inhabitants), and the 8th-most densely populated (384.3/sq mi or 148.4/km2) of the U.S. states. Jacksonville is the most populous municipality in the state and the largest city by area in th...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuary jobs
$69,888 to $87,454

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