Actuary jobs in Maine

Actuary conducts analysis, pricing and risk assessment to estimate financial outcomes. Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Being an Actuary develops probability tables regarding fire, natural disasters, death, unemployment, etc. based on analysis of statistical data and other pertinent information. Typically requires a bachelor's degree. Additionally, Actuary typically reports to a supervisor or manager. The Actuary works on projects/matters of limited complexity in a support role. Work is closely managed. To be an Actuary typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

H
Associate Actuary
  • Highmark Health
  • ME, ME FULL_TIME
  • Description

    JOB SUMMARY

    This job is a senior level actuarial analyst position that initiates and leads the development of actuarial studies and analyses, making appropriate recommendations to actuarial management.

    Gives direction to less experienced staff and works to develop efficient processes and applies actuarial techniques and statistical analysis to several functions, including insurance premium and pricing development, claim trend analysis, experience studies, medical economics, profitability analysis, wellness studies, predictive modeling, or claim reserving.

    ESSENTIAL RESPONSIBILITIES

    • Outline data requirements for a study or analysis. Give direction to less experienced staff and review the appropriateness of the results in light of experience and industry knowledge.
    • Initiate and lead the development of studies, analyses, and presentation materials needed to appropriately inform decision makers.

    Make appropriate recommendations to management across teams within the actuarial department.

    Proactively ensure the internal and external consistency of all work. Perform reasonability checks dependent on advanced industry knowledge and experience.

    Promptly and efficiently identify outliers and anomalies in the work of others. Identify methods to test whether suspect results are correct.

    Understand the environment, goals, and objectives of the incumbent's own position, their team, and all internal customers.

    Take the initiative to propose changes to projects, systems, processes, or decisions so that the results of all the teams' efforts conform better to corporate goals, objectives, and values.

    Manage own time and resources across many projects, focusing on quality, time, scope, usefulness, and appropriateness of work.

    Carry out recurring projects with minimal assistance and oversight. Keep manager informed.

    Interact with customers in a manner that fosters cooperation, teamwork, and influence while conveying engagement and competence.

    Enhance department influence while conveying engagement and competence. Effectively explain technical work to both technical and non-technical people.

    Guide and mentor less experienced staff on a regular basis in a manner that fosters teamwork and excellence. Listen, take direction, accept criticism and feedback to improve performance.

    Proactively take on additional work as needed by the team.

    Other duties as assigned.

    EDUCATION

    Required

    Bachelor's Degree in Actuarial Science, Mathematics, Statistics or closely related field

    Substitutions

    None

    Preferred

    None

    EXPERIENCE

    Required

    • 3 - 7 years in an Actuarial role
    • 5 Exam Components

    Preferred

    6 Exam Components

    LICENSES AND CERTIFICATIONS

    Required

    None

    Preferred

    Associate of the Society of Actuaries (ASA)

    SKILLS

    • Possesses and applies an in-depth knowledge of actuarial principles, concepts, practices and processes within multiple fields or disciplines
    • Possesses significant expertise to complete complex assignments and ability to visualize, articulate, and solve complex problems while leading others to complete straightforward assignments
    • Analytical Skills
    • Oral & Written Communication Skills
    • Problem-Solving

    Language (Other than English)

    None

    Travel Required

    0% - 25%

    PHYSICAL, MENTAL DEMANDS and WORKING CONDITIONS

    Position Type

    Office-Based

    Teaches / trains others regularly

    Does Not Apply

    Travel regularly from the office to various work sites or from site-to-site

    Rarely

    Works primarily out-of-the office selling products / services (sales employees)

    Never

    Physical work site required

    Lifting : up to 10 pounds

    Constantly

    Lifting : 10 to 25 pounds

    Rarely

    Lifting : 25 to 50 pounds

    Never

    Highmark Health and its affiliates prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, age, religion, sex, national origin, sexual orientation / gender identity or any other category protected by applicable federal, state or local law.

    Highmark Health and its affiliates take affirmative action to employ and advance in employment individuals without regard to race, color, age, religion, sex, national origin, sexual orientation / gender identity, protected veteran status or disability.

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    Equal Opportunity Employer Minorities / Women / Protected Veterans / Disabled / Sexual Orientation / Gender Identity ()

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    1 hour ago
  • Just Posted

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Director, Actuary
  • Unum
  • Portland, ME FULL_TIME
  • Job Posting End Date: April 01 When you join the team at Unum, you become part of an organization committed to helping you thrive. Here, we work to provide the employee benefits and service solutions ...
  • 3 Days Ago

A
Actuary
  • Amtex Systems Inc.
  • Atlanta, GA
  • Role – Actuary – 3 Roles Location – ON site preferred, open to remote. Length 9 months Scope: Coordinates, prepares, and...
  • 3/28/2024 12:00:00 AM

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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...
  • 3/28/2024 12:00:00 AM

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Actuary
  • Vaco
  • San Antonio, TX
  • Vaco has an invaluable opportunity for individuals with a passion for data science and interest in the insurance industr...
  • 3/27/2024 12:00:00 AM

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Actuary
  • USAA
  • Phoenix, AZ
  • Why USAA? Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the finan...
  • 3/26/2024 12:00:00 AM

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...
  • 3/26/2024 12:00:00 AM

U
Actuary
  • USAA
  • Tampa, FL
  • Why USAA? Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the finan...
  • 3/25/2024 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...
  • 3/25/2024 12:00:00 AM

S
Intern - Actuarial
  • Sanford Health
  • Sioux Falls, SD
  • Create Your Career With Us! Sanford Health is one of the largest and fastest-growing not-for-profit health systems in th...
  • 3/24/2024 12:00:00 AM

To the south and east is the Atlantic Ocean and to the north and northeast is New Brunswick, a province of Canada. The Canadian province of Quebec is to the northwest. Maine is both the northernmost state in New England and the largest, accounting for almost half of the region's entire land area. Maine is the only state in the continental US to border only one other American state (New Hampshire to the South and West). Maine is the easternmost state in the United States in both its extreme points and its geographic center. The town of Lubec is the easternmost organized settlement in the United...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuary jobs
$69,009 to $88,037

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