Top Actuarial Executive jobs in Kansas
Top Actuarial Executive provides leadership, innovation, and oversight to an organization's actuarial function. Develops policies, procedures, and formulas to guide statistical analysis and actuarial research and accurately evaluate the likelihood and financial impact of various risks. Being a Top Actuarial Executive ensures policies and procedures are implemented effectively to ensure regulatory compliance of all financial operations and products. Responsible for the strategic planning and oversight of product development. Additionally, Top Actuarial Executive establishes profitability targets and regularly reviews product rates, premium levels, and rating systems to evaluate effectiveness and measure performance against targets. Reviews and validates financial statements, regulatory filings, and other financial projections before publishing or submitting. Communicates with marketing and other key stakeholders to present rating structures and systems and ensure adequate understanding of products. 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. May require Associate of Society of Actuaries (ASA). May require Fellow of Society of Actuaries (FSA). Typically reports to top management. The Top Actuarial Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. To be a Top Actuarial Executive typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Recently Added Top Actuarial Executive jobs
- Armed Forces Insurance
-
Leavenworth, KS
FULL_TIME
-
Actuarial Analyst I - PricingStarting salary $59,966-$69,960, Depending on ExperienceThis start date for this position is Spring of 2024.
Our Company:
Since 1887, Armed Forces Insurance (AFI) has existed with a single, unwavering purpose: To protect the people who protect our nation. For more than 135 years, we’ve provided home insurance, renter insurance and auto insurance and much more to our members. We proudly serve active, retired and former military personnel, their families and civilian Department of Defense employees.
AFI is a family friendly organization offering competitive compensation, an outstanding work environment and great benefits. AFI is headquartered in Leavenworth, Kansas approximately 20 minutes from the Legends.
SUMMARYThis is an entry level actuarial analyst position on the Pricing team. This person supports pricing of personal lines insurance using accepted actuarial standards, methods, and knowledge gained through the Casualty Actuarial Society exam process. He/She works closely with their manager to develop appropriate pricing, planning and product strategies of basic complexity to support business goals.KEY ACCOUNTABILITIES- Completes basic actuarial functions and analysis used in determining the rate level need for all lines of business.
- Develops, maintains, and analyzes basic tools and models for review of AFI and industry products and rate structures including review and evaluation of the appropriateness of basic actuarial formulae.
- Completes assigned rate reviews, product reviews and statistical requirements in an accurate and timely manner to assure regulatory compliance and adherence to standard actuarial practices.
- Performs and evaluates basic analysis (e.g., competitor analysis, risk management, financial, business strategy, retention, etc.).
- Adheres to internal and external compliance requirements/standards including actuarial and regulatory/legislative practices.
- Actively participates in actuarial development within the department.
- Forecasts and communicates short-term and long-term project deliverables and status with assistance.
ESSENTIAL FUNCTIONS- Develops, uses, and maintains internally developed and vendor provided software applications to analyze and develop rate proposals.
- Develops and maintains effective working relationships within the unit and with other AFI departments. Coordinates efforts with other units to support accomplishment of organizational goals and objectives.
- Provides guidance relative to AFI pricing strategies, internal policies and methods.
- Assists in guiding the development of unit employees. Directs technical instruction relative to rate structure analysis (AFI and competitors), form and filing completion. applicable query software, research techniques, and statistical reporting and documentation requirements.
- Performs or assists in basic actuarial analysis (e.g. competitor analysis, risk management, business strategy, retention, predictive modeling).
QUALIFICATIONSEDUCATIONBachelors Degree required – preferably in a relevant discipline such as Mathematics, Statistics, Actuarial Science, Economics, Engineering, Computer Science or other directly relevant disciplineEXPERIENCEEntry-level position, prefer one or more internships in a property/casualty insurance company. Actuarial examination or education may substitute for work experience.LANGUAGE SKILLSExcellent verbal communications skills, to include the ability to conduct efficient unit meetings and/or training sessionsExcellent written communications skills, to include the ability to the ability to produce well-documented recommendations for management, policy and procedure statements, and correspondence with external professional contacts (regulators, other insurance company staff, etc.)Working knowledge of MS Outlook and WordWorking knowledge of MS Excel, Access and SQL ServerAbility to learn mapping software (e.g. MapInfo, MapMarker, SpatialKey) and loss analysis software (e.g. ReservePro)Ability to learn to utilize AFI’s computer systems and complex query tools for data access, manipulation, and segmentationMATHEMATICAL SKILLSAbility to perform complex mathematical functions which may include statistical and regression analysis, modeling, and variance analysis.REASONING ABILITYAbility to gather and analyze relevant facts and information needed to determine appropriate actions or recommendations to managementDemonstrates excellent negotiation skillsDemonstrates sound judgment and decision-making skillsAbility to prioritize tasks with only general guidancePROFESSIONAL CERTIFICATIONS, LICENSES, REGISTRATIONSEntry-level actuarial student pursuing actuarial designation, preferably completion of CAS Exams 1 & 2, and completion of CAS Online Course 1 & 2 within 33 months in the position.PHYSICAL DEMANDS / WORK ENVIRONMENTThe work is primarily sedentary. The employee will generally be seated to perform the work, but will also do some walking, standing, bending, and carrying of light items (less than 10 lbs.).The noise level of the work is low. The area is adequately lighted, heated, and ventilated.This position is classified as Exempt under the Fair Labor Standards Act. The working hours will generally be traditional business hours. However, the incumbent must be available to work extended and/or flexible hours as necessary to accomplish assigned tasks.We’ve got you covered…- Full benefits package including health, dental, vision, life & disability insurance including an employee assistance program (EAP)
- 401(k) including employer match & safe harbor contributions
- Generous paid time off policy, medical leave, volunteer time off and 9 paid holidays
- We support employee training and professional development opportunities with a tuition reimbursement program and continuing education and re-certification opportunities
- Volunteering and community engagement opportunities
- 10 Days Ago
- Jobs for Humanity
-
Longford, KS
FULL_TIME
- Company DescriptionJobs for Humanity is collaborating with FIS Global to build an inclusive and just employment ecosystem. We support individuals coming from all walks of life. Company Name: FIS Globa...
- 11 Days Ago
- Security Benefit Business Services / Everly Life
-
Topeka, KS
FULL_TIME
- Security Benefit is seeking an Actuarial Support Lead Analyst to join the Business Analytics and Data Analysis team under the Data Organization. This position may be based in Topeka, KS, Overland Park...
- 17 Days Ago
- Security Benefit Business Services / Everly Life
-
Topeka, KS
FULL_TIME
- Security Benefit (SB), a leader in the retirement saving and income solutions market, is seeking an Intern-Actuary to work in the Statutory Valuation Team. This position will work in our home office i...
- 1 Month Ago
- Hispanic Technology Executive Council
-
Kansas, KS
FULL_TIME
- What will you be doing? The Client Services Executive will be responsible for developing a strategy and plan to handle future growth in their account base through capacity planning, training, and proc...
- 2 Months Ago
- Top School South LLC
-
Wichita, KS
FULL_TIME
- TOP is looking for cheerful, Assistant Teachers, and Assistant Teacher Floats at all three schools located in Wichita, KS. TOP South - 4600 S. Clifton / TOP North - 2330 N. Opportunity Dr. / TOP North...
- 15 Days Ago
Top Actuarial Executive jobs at Popular Companies
- Marsh Mclennan Agency
-
Aliso Viejo, CA
- Client Service Executive Summary Responsible for retention of existing business and the development of business within t...
- 4/19/2024 12:00:00 AM
- Assured Partners
-
Lake Mary, FL
- Overview Love what you do but not where you do it? As a Sales Executive at AssuredPartners, you will use your existing s...
- 4/19/2024 12:00:00 AM
- Assured Partners
-
Chicago, IL
- Overview Love what you do but not where you do it? As a Sales Executive at AssuredPartners, you will use your existing s...
- 4/19/2024 12:00:00 AM
- Assured Partners
-
Owensboro, KY
- Overview Love what you do but not where you do it? As a Sales Executive at AssuredPartners, you will use your existing s...
- 4/19/2024 12:00:00 AM
- Assured Partners
-
Metairie, LA
- Overview Love what you do but not where you do it? As a Sales Executive at AssuredPartners, you will use your existing s...
- 4/19/2024 12:00:00 AM
- NFP
-
Palm Beach Gardens, FL
- Who We Are NFP is a seven-time Best Places to Work award winner in Business Insurance who has also earned the 5-Star Div...
- 4/19/2024 12:00:00 AM
- Keenan
-
Greater Los Angeles, CA
- Keenan has an exciting career opportunity as a Sales Executive that will be tasked with the generation of new business i...
- 4/18/2024 12:00:00 AM
- Marsh McLennan Agency
-
Aliso Viejo, CA
- Client Service Executive Summary Responsible for retention of existing business and the development of business within t...
- 4/16/2024 12:00:00 AM