Actuary jobs in Mississippi

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)

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Associate actuary
  • Highmark Health
  • Gulfport, MS FULL_TIME
  • Description

    JOB SUMMARY

    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.

    EEO is The Law

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

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    Last updated : 2024-02-24

  • 2 Months Ago

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Associate Actuary, SPA-Rx
  • Humana
  • Topeka, MS FULL_TIME
  • Become a part of our caring community and help us put health first The Associate Actuary, Analytics/Forecasting analyzes and forecasts financial, economic, and other data to provide accurate and timel...
  • 27 Days Ago

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Associate Actuary, Model Development, Long Term Care
  • Genworth Financial
  • Mississippi, MS FULL_TIME
  • At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet famil...
  • 1 Month Ago

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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...
  • 4/19/2024 12:00:00 AM

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Actuary
  • Humana
  • Atlanta, GA
  • Become a part of our caring community and help us put health first The Actuary, Analytics/Forecasting analyzes and forec...
  • 4/19/2024 12:00:00 AM

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Actuary
  • Usaa
  • Tampa, FL
  • Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the financial secur...
  • 4/19/2024 12:00:00 AM

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Actuary
  • United Services Automobile Association
  • San Antonio, TX
  • Why USAA? Let's do something that really matters. At USAA, we have an important mission: facilitating the financial secu...
  • 4/19/2024 12:00:00 AM

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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...
  • 4/16/2024 12:00:00 AM

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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...
  • 4/16/2024 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...
  • 4/15/2024 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...
  • 4/15/2024 12:00:00 AM

Mississippi is bordered to the north by Tennessee, to the east by Alabama, to the south by Louisiana and a narrow coast on the Gulf of Mexico; and to the west, across the Mississippi River, by Louisiana and Arkansas. In addition to its namesake, major rivers in Mississippi include the Big Black River, the Pearl River, the Yazoo River, the Pascagoula River, and the Tombigbee River. Major lakes include Ross Barnett Reservoir, Arkabutla Lake, Sardis Lake, and Grenada Lake with the largest lake being Sardis Lake. Mississippi is entirely composed of lowlands, the highest point being Woodall Mountai...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuary jobs
$65,621 to $82,114

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