Actuary jobs in Wisconsin

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)

C
Actuary
  • Church Mutual Insurance, S.I.
  • Merrill, WI FULL_TIME
  • Introduction

    Looking to join a vibrant organization that makes a difference?

    As part of the Church Mutual team, you'll work with some of the most experienced and knowledgeable people in the industry and achieve your own growth and career satisfaction while finding fulfillment in serving those who serve others. We foster a workplace where all employees are treated with dignity and respect; diversity, inclusion and belonging are woven into the fabric of our company through our customers, employees, leadership, business relationships and outreach programs. Join us and Stand for Good.

    What you’ll be doing:

    Manage long-term, strategic scoped actuarial projects related to corporate actuarial, ratemaking, large account pricing, and/or predictive modeling to support the growth and profitability objectives of the company while following generally accepted actuarial standards of practice.  Supervisor responsibilities may include staffing, training and development, performance management, and work force planning.

     

    **This is a hybrid position that requires 2 days per week in the office and can be based in either of our four locations:**

    1) Milwaukee, WI2) Madison, WI3) Merrill, WI 4) Mechanicsburg, PA

    Please note your preferred work location from the list above when applying.**

    On any given day, you’ll:

    • Supervisor/manager responsibilities may include all the following:
    • Staffing needs, to include interviewing and onboarding for new employees.
    • Training and development, as well as coaching and motivation, for staff.
    • Performance management, goal setting, employee engagement, and salary administration.
    • Workforce management to include; unit equipment, software, and space needs, approving time off and overtime usage, and budget recommendations.
    • Serve as a subject matter expert on actuarial work.
    • Leverage relationships within and outside of the Actuarial area to deliver projects on time. Exerts influence on outside teams as appropriate to meet project deliverables while creating positive impact within the organization.
    • Develop and influence work plans of team and others to ensure timely completion of projects.
    • Communicate actuarial work using the appropriate level of technical terms for the given audience from both actuarial and non-actuarial areas, including senior leadership.
    • Professionally represent the company’s position with regulators, auditors, and external vendors. Negotiate within defined parameters assigned.
    • Accountable for resolving unreasonable results or non-optimal solutions using experience and professional judgment.
    • Build complex models/tools. Monitor the effectiveness of the models/tools.
    • Evaluate alternative methods for utilization along with considering new methods for various situations.
    • Responsible for the accuracy and suitability of the data for a given project along with incorporating new or little used data sources into the analyses.
    • Analyze business unit performance that relates to profit and/or growth objectives.
    • Troubleshoot and detect errors in the current work tools and processes.

    .

    Here’s what we expect

    • Bachelor's degree in related field required.
    • FCAS designation is strongly preferred. May consider ACAS designation.
    • Typically ten or more years of actuarial experience is required in the property/casualty insurance industry.
    • Demonstrates mastery of advanced actuarial methodologies and insurance concepts.
    • Proficient in incorporating new or little used data sources or fields into analysis.
    • Proficient in adding/building complex models/tools.
    • Exhibits political savviness in communication at all levels of the organization.
    • Ability to anticipate potential problems and proactively take steps to minimize or avoid negative impact.
    • Displays command of the legal/regulatory requirements in work products.
    • Ability to develop strategic scoped and long-term project priorities.
    • Displays effective supervisory and leadership skills.

    Candidates with varying experience levels can be considered for roles below Actuary level, based on demonstrated skills and potential for growth within the actuarial department

     

    Church Mutual is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

     

    Exact compensation will vary based on consideration of a variety of factors including education, skills, experience, and location.

     

    #LI-hybrid

    Minimum Compensation

    USD $151,000.00/Yr.

    Maximum Compensation

    USD $226,500.00/Yr.
  • 10 Days Ago

A
Assistant Actuary (Flex Home/Office)
  • American Family Insurance
  • Madison, WI FULL_TIME
  • Position Compensation Range:$95,000.00 - $161,000.00Pay Rate Type:SalaryCompensation may vary based on the job level and your geographic work location.You will be part of the Indication team and will ...
  • 4 Days Ago

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

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

D
Actuary - REMOTE
  • DW Simpson
  • San Francisco, CA
  • Have the flexibility to work fully remote! A leading P&C consulting firm is seeking an FCAS with 8-15 years of experienc...
  • 4/22/2024 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

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...
  • 4/21/2024 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...
  • 4/21/2024 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...
  • 4/20/2024 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. ...
  • 4/20/2024 12:00:00 AM

Wisconsin is bordered by the Montreal River; Lake Superior and Michigan to the north; by Lake Michigan to the east; by Illinois to the south; and by Iowa to the southwest and Minnesota to the northwest. A border dispute with Michigan was settled by two cases, both Wisconsin v. Michigan, in 1934 and 1935. The state's boundaries include the Mississippi River and St. Croix River in the west, and the Menominee River in the northeast. With its location between the Great Lakes and the Mississippi River, Wisconsin is home to a wide variety of geographical features. The state is divided into five dist...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuary jobs
$72,683 to $90,952

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