Actuarial Analyst Jobs

Job Title: Actuary Company: Frankenmuth Insurance Location: Frankenmuth, MI Description:  Actuary – Frankenmuth, MICompany Overview – Founded in 1868, Frankenmuth Insurance (FI) is a fast-growing, multi-state leader in the property and casualty insurance industry, with assets of $1 billion and premium revenues in excess of $400 million.  Our philosophy for success rests on a very simple concept: our most prized asset is our people.  What you need for this position – ·         4-6 years of experience in ratemaking, reserving, and/or multivariate statistical analysis·         Bachelor’s degree in actuarial science·         Minimum of 4 actuarial exams passed - Associate/ACAS designation preferred·         Excellent communication/interpersonal skillsWhat you will be doing –·         Prepare rate indications for major drivelines·         Assist with quarterly loss and loss adjustment expense reserve analysis·         Develop rate indication models, deductible and increased limit factor analysis, and assist in preparing rate impact assessments·         Participate in the development of personal lines multivariate rating plansThis all sounds great, but what’s in it for me? – At FI, you earn much more than a paycheck.  Our Total Rewards package includes, but is not limited to: ·         Competitive base salary  + annual incentive bonus plan·         PTO and holidays·         401(k) + 6% match ·         Medical, Dental, Vision, STD, LTD, Life/AD&D benefits, etc. ·         Educational assistance·         Discounted fitness center membership·         Discounted personal insurance Still interested?  If so, please apply under the Career Opportunities section via our website Register to View www.fmins.com.  After submitting your resume, if you are selected to begin our hiring process, we will contact you.  Thank you for your interest in Frankenmuth Insurance!

Job Title: Health Management Actuary Experienced Company: Hewitt Associates Location: Chicago, IL Description: For over 65 years, Hewitt has been helping leading companies around the world get a great return on their most important investment-their people. Weve earned our reputation for HR excellence through the thought leadership of Hewitt Consulting and the administrative leadership of Human Resources Outsourcing.Clients look to us for best-of-breed solutions to specific problems as well as fully integrated solutions that bring together our broad range of services. We enable our clients to build shareholder value by helping them hire, develop, motivate, retain and reward the employees who create that value every day.Hewitt began as an HR consulting firm-and our thought leadership, innovative consulting solutions, and client-intimate service remain the cornerstone of who we are. Our broad-based and unique consulting capabilities give companies worldwide the experience, creativity, and resources they need to take on their biggest human resources and organizational challenges.A. Conduct strategy development discussions and costing of scenarios related to strategy discussionsB. Assist in client relationships from actuarial perspectiveC. Work with client to identify relevant cost measures and budgetary goalsD. Assist in benchmarking discussions with clients, including strategy evolution as a result of benchmarking dataE. Project savings/costs related to plan design or provider network changesF. Participate in HMO negotiation calls and meetings and lead as neededG. Review health care budget rate setting for self-insured plans; present results to clientH. Review employee contribution rate development ; present results to clientsI. Mentor actuarial students and delegate work as apporpriateJ. Seek and provide peer review to ensure high quality client deliverablesK. Where appropriate, involved with HHVI, FAS 106 Development, IBNP, HRO rate delivery, Discount Analysis, and Experience Monitoring ReportsL. Medicare Part D consulting and AttestationsM. Assist in development and upkeep of internal actuarial modelsN. Develop general consulting skills, knowledge, and exposureO. Support Client Development for medium and large clientsP. Sign Actuarial Opinions and lead analysis behind them, if qualified

Job Title: Associate Health Actuary Company: BlueCross and BlueShield Association Location: Jackson, MS Description: The Associate Health Actuary under the direction of the Director of Actuarial is responsible for the creation, development and maintenance of all Actuarial models, is responsible for the applications of the models and the monitoring of their effectiveness, and provides professional certification.

Job Title: Actuarial Analyst Trainee Company: Unitrin, Inc Location: Woodland Hills, CA Description: Job Description : Looking for a career opportunity as an Actuarial Analyst Trainee? Apply online at: https://home.eease.com/recruit/?id=491080 Learn more at: www.unitrinspecialty.com Unitrin Specialty is currently seeking a full-time Actuarial Analyst Trainee to provide support for the analysis of loss and expense reserves and completion of related financial reports for Unitrin Specialty and affiliated companies. The  Actuarial Analyst Trainee will have the opportunity to assist in analysis, research, and enhancement of processes that impact financial results.  Job Description: Prepares and maintains statistical data and reports used to assess loss and expense reserving needs. Completes monthly and quarterly reviews of loss and expense reserves by segment, recommends changes to reserve levels, and completes appropriate documentation. Provides support to assist Finance, Pricing, and Product Managers in communicating and understanding financial results relative to reserve changes. Analyzes changes to claims processes and products to determine how they impact development of losses and expenses, and work with management to gain a common understanding of those impacts. Completes reviews of reserving processes and recommends enhancements to those processes to improve efficiency and accuracy. Supports broad research projects such as analysis of statistical reserves. Prepares monthly, quarterly, and annual financial reports. May also assist in pricing analysis. Qualifications: College degree, preferably in mathematics, statistics, or actuarial science or equivalent work experience.                                              Experience in an actuarial role preferred. Completion of Casualty Actuarial Society exams with intention of continuing to progress through CAS exams. Excellent analytical, organizational, and time management skills. Expertise in Microsoft Excel, as well as data extraction tools such as SAS.  Must have good oral communication, writing, and interpersonal skills, and be able to take initiative, working with limited supervision. About Us The Unitrin Property and Casualty Insurance Group is made up of Kemper and Unitrin Specialty, which sell personal lines and commercial auto insurance through a network of independent agents; and Unitrin Direct, which sells personal auto and homeowners insurance directly to consumers. This group represents 73% of Unitrin's $2.5 billion of annual insurance premiums. Our employees enjoy great Benefits Choice of healthcare plans Choice of dental plans Flexible paid time off program Business casual dress 401(k) with matching Defined Contribution Retirement Plan Employee referral bonuses Education assistance Certification assistance Charitable giving We value diversity and strive to be an employer of choice. An Equal Opportunity Employer, M/F/D/V.

Job Title: Pricing Actuary, Variable Annuities Company: Jobs4Actuary.com Location: Coral Springs, FL Description: Pricing Actuary, Variable Annuities Position: Pricing Actuary, Variable Annuities Company: Insurance Organization Location: Netherlands Job ID: 19126 RESPONSIBILITIES - Provide support and expertise in designing and pricing Variable Annuity products. - This includes developing Pricing Models and working with members of VAE Team and Business Units Marketing staff to ensure all core features are appropriately designed, priced and risk-managed. - Work with BU Marketing team and VAE Business Development Team to design new VA products. - Create Pricing Models, or enhance existing Models to adapt to new designs being considered. - Ensure proper Actuarial and Pricing assumptions are used. - Analyze financial results for reasonableness, and obtain approval from various organizations, including Regional Office, CIRM, and others as appropriate. - Understand all elements of Pricing such as reserve calculations, dynamic behaviour, capital requirements, etc., and defend them as required. - Train local Business Unit Actuaries on modelling practices, pricing risks and product features. - Review the BU PARP including sensitivities. - Communicate results to management. - Support implementation of controls, modelling methodology, and calculation frameworks (such as transition from traditional to market consistent methods). - Monitor and quantify the effect of new laws and regulations. QUALIFICATIONS: - 3+ years of actuarial experience in pricing products and/or risk and financial management, preferably with a background in Variable Annuities. - Background in insurance pricing, capital, profitability, valuation, and / or modelling. - Knowledge of the capital markets and hedging strategies is desired. - Strong in programming languages especially Visual Basic. Other Pricing software experience is a plus. - Proficient with Microsoft Excel and familiarity with Microsoft Access. - Ability to balance focus on big picture with frequent hands-on capabilities on challenging technical issues and care for detail. - Fluent in English, oral and written. - A solid team player with excellent presentation and communication skills. - Ability and flexibility to work in a cross functional environment.

Job Title: Actuarial Assistant, Life Company: Liberty Mutual Insurance Company Location: Dover, NH Description: Advance your Actuarial career at Liberty Mutual - A Fortune 100 Company!As a L:ife Actuarial Assistant, you will assist in providing actuarial services which may include product development and pricing, setting dividend scales, calculating reserves, supporting value calculations, and financial reporting for individual life and annuity products. This position will work within the Individual Life Product Development Department.Responsibilities:Supports routine queries from Policyholder Services and sales reps.Acquires a working knowledge of individual products and systems and develops proficiency in current spreadsheets and computer languages.Passes actuarial examinations leading to associateship in the Society of Actuaries.

Job Title: Actuary, Nashville TN Company: AccountSource Location: Brentwood, TN Description: National company located in Nashville TN desires an Assistant Actuary. This individual will contribute to the achievement of corporate profit and growth objectives through effective planning and reporting related to product design, pricing, and product line management activities.     Essential functions include:         Build actuarial processes and infrastructurefor Medicare supplement businessDevelop and implement a process to monitor product experience and reserveadequacyResponsible for GAAP, statutory,and tax reserve valuation and reporting  Requirements include:Bachelors Degree in Mathematics, Actuarial Science, Economics, Statistics, or related preferred Minimum of  2-3 years  actuarial experience in the insurance field; MAAA and ASA preferredMedicare supplement insurance or accident/health insurance industry experience a plus Knowledge of actuarial concepts including financial modeling and analysis, financial reporting, risk management, product development and pricing, actuarial projections, etc. Understanding of insurance rates and regulatory requirements for supporting reserve levels PC skills, including experience in using software for producing presentations, spreadsheets, etc Ability to interact with all levels including executives and senior management Strong interpersonal, presentation, analytical, and statistical skills Proven track record of success Exceptional written and verbal communication skills are required  The company offers a base salary range of $80-105k DOE and a comprehensive benefit package including: incentive bonus, paid vacation, medical/dental, 401k with company contribution, and much more. For immediate consideration, please forward your resume with salary requirements, preferably in Word format, to: Register to View .      Some facts about Nashville: Situated on the Cumberland River in Middle Tennessee, it’s the state’s capital city and a major hub for the music, health care, publishing, advanced manufacturing, finance, insurance, and tourism industries. Superlatives- “Top 100 Places to Live” (Relocate America, June 2008), “Best Places for Business and Careers”, 15th, Forbes, February 2008, “2007 Competitiveness Award”, for economic growth, (Site Selection Magazine, May 2008).

Job Title: Actuarial Associate I - Senior Actuary DOE - Health Insurance Company: Hospital Jobs OnLine Location: Seattle, WA Description: Our company's Actuarial Division is responsible for proactively managing and retrospectively tracking and reporting on the financial and risk positions within the company, and supporting the strategic goals of the corporation. Within that context, the Associate Actuary performs technical, analytical, support, and leadership functions to help the division and the company meet its goals. To apply for this job copy and paste this URL in your browser; http://www.hospitaljobsonline.com/JPMoreInfo.aspx?JobID=30575359&AffID=254141

Job Title: AVP & ACTUARY - RESERVING Company: CNA Location: Chicago, IL Description: AVP & ACTUARY - RESERVINGReq. ID 8062Full or Part Time Full-timePrimary Location IL00 ChicagoOther Locations Employment Type RegularPercent Travel Supervisory Position Posted12/14/2009Position Description AVP & Actuary - Reserving-Lead actuarial studies of moderate to complex lines of business to be used in determining appropriate reserve levels and shaping CNA s overall business strategies. Responsible for reserving analyses and close related activities for CNA Commercial Lines products, including Workers Compensation, General Liability, Auto Liability, Property, Residual Market, and Marine. Additional responsibilities include but are not limited to the following: * Train and supervise mid-level and analyst-level actuarial staff during the reserve review process in a manner that ensures the overall quality of the analysis.* Hold meetings with business partners in pricing, claims, underwriting, and finance throughout the course of the analysis to understand the nature of the business insured within assigned products and seek input on specific drivers of the analysis. Lead results discussions and maintain ongoing communications with Finance, Claim, Underwriting, and Pricing areas.* Help prepare quarterly reserve meeting package for presentation to Senior Management, and present the results of assigned products at that meeting.* Develop and implement reserve variability measures. Research and evaluate papers on new reserving methodologies and implement new methods as appropriate, including predictive modeling.* Lead assigned actuarial team members in the Quarter close, including: supervise the entering and checking of the estimated and carried reserves for multiple products; researching and explaining the differences between projected and actual development; explaining financial results to our business partners; and analyzing ceded reserves for Schedule F.* Develop reserve estimates for small to medium sized ISO CAT events; monitor and maintain the database of those estimates as part of the Quarter close* Ensure consistent development of Claim Metrics exhibits and lead discussion of Claims Metrics meetings.Essential Duties & Responsibilities1. Implements strategic objectives with substantial impact on the short-term success for actuarial reserving for assigned product line or segment.2. Leads the review and/or performs analyses of reserve adequacy of assigned product line or segment and may complete several annual reserve studies. Presents information to senior management along with observations, areas of concern and recommendations. Works to incorporate results into daily business transactions.3. Monitors reserves of product line or segment to ensure present and future reserving strategies to achieve financial strength. Partners with Claim, Underwriting, Finance and other internal departments to exchange data and analyses of financial indicators4. Leads the monthly, quarterly and annual financial close process. Includes booking reserves by product, coverage, accident year and preparation of various financial exhibits, reports and disclosures.5. Leads activities of insurance departments, auditors, and external actuarial firms that evaluate reserve adequacy.6. May lead, direct and have full management accountability for staff in area of responsibility with an emphasis on talent management and succession planning in accordance with corporate strategic direction.May perform additional duties as assigned.Reporting RelationshipTypically VP and aboveSkills, Knowledge & Abilities1. In-depth technical knowledge of reserving and actuarial theories and practices and strong statistical modeling and working knowledge of a variety of product lines within P&C as it relates to reserving.2. Ability to effectively interact and communicate with all levels of external and/or internal business partners within scope of responsibility, team and/or matrix environment.3. Leadership and management skills demonstrating integrity and professionalism.4. Ability to drive results by identifying, and resolving problems within scope of responsibility.5. Knowledge of the insurance industry, its products and services.6. Knowledge of Microsoft Office Suite and other business-related software.Education & Experience1. Bachelor?s Degree in Math, Actuarial Science or related field required. Master?s Degree in related field preferred.2. Actuarial Associate or Fellowship is preferred.3. Membership in the American Academy of Actuaries preferred.4. Typically a minimum of10 years of related work experience, with five years of management experienceCNA has provided essential insurance to businesses for more than 100 years. We are respected worldwide as experts in understanding risks with an innovative portfolio of products and services. CNA products include standard commercial lines, specialty lines, surety, marine and other property-casualty coverages.CNA services include risk management, information services, underwriting, loss control and claims administration. Our comprehensive approach to insurance opens doors to an array of career opportunities. We offer an environment that challenges you to learn, to use your imagination and to gain professional qualifications in a company where you are part of a team pursuing common goals.One of the many advantages of working at CNA is the exceptional benefit program which includes: medical, dental, vision, Savings and Accumulation Plan (S-CAP) with company contributions, prescription drug plan, flexible spending accounts, sick and disability benefits, life insurance, tuition reimbursement, a business casual dress code, and an Employee Assistance Program (EAP).CNA is an Equal Opportunity Employer committed to a diverse work culture, M/F/D/V.Listed duties, responsibilities, requirements and functions are not meant to be all inclusive.

Job Title: AVP Actuary, Brandywine Holdings Company: ACE Limited/ACE INA Location: Philadelphia, PA Description: ACE GroupThe ACE Group of Companies is one of the worlds leading global commercial property and casualty insurance and reinsurance organizations, with 16,000 employees worldwide and offices in more than 50 countries.ACE serves the property and casualty insurance needs of businesses of all sizes in a broad range of industries. We also provide specialized insurance products—such as personal accident, supplemental health and life insurance—to individuals in select countries. Our reinsurance operations include both property and casualty and life companies.Details of this critical opening follow:A. TITLE: Assistant Vice President, ActuarialBusiness Unit: Brandywine Holdings Date: 2/5/2010Department: Actuarial Grade: 31 Location: Philadelphia, PA Job Code: 31ACACB. KEY OBJECTIVE:Support completion of Brandywine actuarial goals and objectives including annual reserve reviews with particular focus on AFIA Re and other assumed reinsurance businesses.C. MAJOR DUTIES & RESPONSIBILITIES:Provide detailed and insightful actuarial analysis in support of annual reserve review of Brandywine liabilities. Provide actuarial support for claim settlement initiatives, reinsurance collections and commutations, reinsurance bad debt analysis and mass tort liability estimation. Design and maintain policy, claim and financial databases to control data quality.D. SCOPE INFORMATION: (include operating budget, revenue goals, reporting relationships, # of direct/indirect reports, etc.) Reports to SVP, Brandywine Actuarial. Occasional business travel will be required.E. MINIMUM REQUIREMENTS:The position requires Associate status in Casualty Actuarial Society and excellent working knowledge of Microsoft Office including Access and SQL.F. DESIRED QUALIFICATIONS:Desirable qualifications include Fellowship in Casualty Actuarial Society and knowledge of ACE general ledger structure and reporting capabilities. ACE offers a competitive salary plus cash bonus, equity opportunities and a comprehensive benefits package including life, health, dental, vision, a generous retirement savings plan with a generous company match, disability coverage, stock purchase plan, flexible spending accounts, tuition reimbursement, and business casual dress.Sound like the right job for you? For consideration, please apply below. If you would like additional information about the ACE Group, please visit our website at www.acelimited.com