Actuarial Jobs in Detroit, MI
An Actuary in the insurance industry plays a crucial role in managing risk. They use mathematics, statistics, and financial theory to study uncertain future events, especially those concerning insurance and pension programs. They help design insurance policies, pension plans, and other financial strategies by estimating the likely economic impact of various events such as sickness, accidents, natural disasters, and retirement. Actuaries are tasked with determining the potential financial risks of these events and advising companies on how to minimize such risks.
Actuaries must possess strong analytical skills, business knowledge, and an understanding of human behavior to design and implement business strategies. They typically need to have a bachelor's degree and must pass a series of exams to become certified professionals. The two primary actuarial societies in the U.S. are the Society of Actuaries (SOA) and the Casualty Actuarial Society (CAS). To become an Actuary, a person could have roles such as an Actuarial Intern or Actuarial Analyst. They might also come from a background in Data Analysis or Statistics. The progression to becoming an Actuary requires rigorous exam preparation and practical experience in the field.
- Warren, MI (12 miles from Detroit, MI)
- 7 hours ago
- Warren, MI (12 miles from Detroit, MI)
- 7 hours ago
New product development Qualifications, Education & Experience: 7-10 years of experience in the property-casualty insurance industry with significant commercial line pricing experience FCAS Excel expertise...
Position Summary P&C Actuarial Advisor - Seasonal Position Human Capital Our Human Capital practice is at the forefront of transforming the nature of work....
US E - Consulting Services - P&C Actuary Advisor - HC/IIO
- Detroit, MI
- 12 days ago
- Detroit, MI
- 12 days ago
P&C Actuarial Advisor Seasonal Position Human Capital Our Human Capital practice is at the forefront of transforming the nature of work....
related field 4 or more Casualty Actuarial Society exams passed 2+ years of experience in actuarial roles; exposure to advanced ratemaking and/or reserving a plus Experience with property & casualty...
US E - Consultative Offerings - P&C Actuary Manager - HC/IIO
- Detroit, MI
- 30+ days ago
- Detroit, MI
- 30+ days ago
Qualifications Required: Bachelors degree 6+ years of P&C Actuary experience Successfully passed 5 actuarial exams Limited immigration sponsorship may be available....
valuations (including standard defined benefit plans and cash balance plans) Defined benefit settlement strategies (plan termination, lump sum window, annuity placements) Multiemployer defined benefit...
Qualifications Required: + Bachelor's degree + 6+ years of P&C Actuary experience + Successfully passed 5 actuarial exams + Limited immigration sponsorship may be available. + Ability to travel 0-50%...
Demographic Data for Detroit, MI
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Salary for Actuarial Jobs in Detroit, MI
Highest Education Level
Actuarials in Detroit, MI offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Actuarial position
- General Liability
- Personal Lines
- Property and Casualty Insurance
- Umbrella Insurance
- Annuities
- Employee Benefits
- Underwriting
- Claims
- Generally Accepted Accounting Principles
- Workers' Compensation
- Medicaid
- Fraud Investigation
- Financial Modeling
- Medicare
- Proposals
- Financial Analysis
- Financial Reporting
- Product Development
- Estimating
- Tableau
- Reimbursement
- Microsoft Power BI
- Risk Management
- Decision Making
- Finance
- Analytical Skills
- SQL
- Accounting
- Military Background
- Python
- Auditing
- Consulting
- Strategic Planning
- Presentation
- Employee Development
- Mentoring
- Flexibility
- Data Analysis
- Collaboration
- Documentation
- Bachelor's Degree
- Reporting
- Microsoft PowerPoint
- Sales
- Problem Solving
- Project Management
- Microsoft Excel
- Research Skills
- Staff Supervision
- Organization
- Scheduling
- Leadership
- Communication Skills
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