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)
Smith Hanley Associates
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90000
115000
YEAR
true
Associate Actuary Life / LTC (Hybrid)
Stamford , CT
06902
USPosted : 06 / 16 / 2022
06 / 16 / 2022
2022-06-16
2023-09-18
Category : Actuarial Science
Actuarial Science
Job Number : 282758-3 1
282758-3 1
Salary : $90,000 - $115,000
$90,000 - $115,000
Job Description
Title : Associate Actuary Life / LTC (Hybrid)Salary : $90,000 - $115,000Location : Connecticut
Actuarial Summary : The new actuarial assistant will assists with various actuarial tasks including financial reporting (quarterly and annual statements), special studies (i.
e., mortality, lapse, etc.), product development, policy illustrations and various policy values calculations (i.e., cash values, reserves, dividends and premiums).
Actuarial Responsibilities & Qualifications-Conduct pricing new and in-force life insurance products-May assist with new pricing and / or analysis of in-force Long Term Care insurance products-Assist in the development of mortality tables and special actuarial studies-Knowledge of insurance industry.
Experience with life insurance and / or long-term care insurance products-At or near ASA designation preferred-Actuarial modeling software skills.
Experience with GGY AXIS preferred
Smith Hanley Associates takes pride in being the premier recruiting agency serving the actuarial industry. For over 30 years, we have served both clients and candidates with specialization in analytics and actuarial science.
For more information, please visit our website at www.Smithhanley.com
Meet Your Recruiter
Rory HauserPrincipal
After finishing his MBA at the John Welch College of Business, Rory joined Smith Hanley in 2015 to recruit in the actuarial and analytics space.
He specializes in the placement of actuaries and statistical analytics candidates nationwide.Rory has over 15 years business experience in both recruiting and operations providing him the tools necessary to assist both clients and candidates.
In his spare time Rory enjoys skiing, mountain biking, and fishing.203-319-4305 email protected Connect on LinkedInApply Now :
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