Actuary Job Description

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Actuary

Actuary responsibilities

  • Conducting risk assessments
  • Building predictive models to accurately analyze potential outcomes
  • Recommending investments with the lowest risk and the highest profits possible

Actuary Job Description Template

Job Brief

We are looking for an Actuary to conduct complex risk analyses and predict the outcome of potential investments.

Responsibilities

  • Conduct risk assessments
  • Build predictive models to accurately analyze potential outcomes
  • Recommend investments with the lowest risk and the highest profits possible
  • Calculate total assets and liabilities
  • Determine financial status after an investment
  • Compare actual ROIs with forecasts
  • Monitor market trends and identify opportunities for new investments and funds
  • Develop guides and policies on how to avoid high-risk investments and the losses associated with them
  • Keep records of payments, fundings and underwriting policies

Requirements

  • Work experience as an Actuary, Investment Analyst or similar position
  • In-depth understanding of how to use actuarial formulas and tables
  • Hands-on experience with statistical packages like SPSS
  • Good knowledge of insurance legislation
  • Excellent numerical and analytical skills
  • Attention to detail
  • BSc in Statistics, Mathematics or Finance
  • Additional certification in Risk Management or being successful in actuary exams is a plus

Actuary Job Description Examples

Actuary - Reserving Personal lines • Liberty Mutual Insurance

GRM Actuarial Reserving is seeking an Actuary to be responsible for implementing various actuarial analyses, programs, and procedures to support the formulation of reserving recommendations regarding Personal and Business Lines products. This person will communicate findings to actuaries and senior management and provide support to actuaries by performing reserve analysis within designated... b...

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Loss Reserves Actuarial Senior Analyst - Open to Remote • American Family Insurance

This position is primarily responsible for ensuring adequacy of loss and loss adjustment expense reserves for all property and casualty lines of insurance in American Family Insurance Group. Other responsibilities include financial reporting for internal and external users, forecasting incurred losses for the Group's annual Profit Plan, performing consultative services for other divisions and.....

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Actuary and Actuarial Leadership Opportunities • Humana

Description

The Actuary, General provides actuarial support across a broad range of actuarial and business needs for specific product lines. The Actuary, General works on problems of diverse scope and complexity ranging from moderate to substantial...

Responsibilities

The Actuary, General may be responsible for any combination of valuation, pricing, analytics, forecasting, risk, compliance, ...

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Actuary - Personal lines • Liberty Mutual Insurance

Are you looking to have a significant impact on the financial results of a Fortune 100 company? As a member of the Actuarial Complex State Insights team within PL State Tactics, you will play a critical role in monitoring, evaluation, and strategic/tactic consultation for the PL books to accomplish profitable growth in our large complex states. You will be responsible for performing advanced......

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