Actuarial Fellow 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 Actuarial Fellow 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, Actuarial Fellow 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. Requires Fellow of Society of Actuaries (FSA). Typically reports to a manager. To be an Actuarial Fellow typically requires 12+ years of related experience. Achievement and depth of knowledge of specialization or field is the main differentiator. Advisory role on complex and challenging projects and initiatives. Recognized for deep technical and industry knowledge and innovative thinking. Provides thought leadership and guidance to a functional area and the organization. (Copyright 2024 Salary.com)
About the role
We are seeking an actuary to support our special project function. This position will play a key role in our annual financial plan and analysis FP&A, LDTI implementation, assumption update, new product and other process enhancement project as needed.
What you will do
Update and maintain Plan models. Consolidate new business and inforce forecast and ensure plan results are reasonable and delivered in a timely manner.
Support senior actuaries in carrying out Plan analysis.
Why work at Symetra
If you want to invest in yourself and build a career, this is a great place to work. If you don't want to put in the effort to learn the industry and become a student of the business (it takes real effort!), there are easier places to work.
Cris H. - AVP Internal Sales, Training and Development
Symetra is inclusive of all employees regardless of their personal differences." Darrell J. - Actuary III
Symetra values learning. Symetra has so many resources - whether that is the Student of the Business courses, sponsorship of professional certifications, or just individual employees being so willing to teach and answer questions.
Felicia D. - Financial Reporting Lead Senior Analyst
What we offer you
We don't take a "one-size-fits-all" approach when it comes to our employees. Our programs are designed to make your life better both at work and at home.
Compensation
Salary Range : $91,200 - $151,900 plus eligibility for annual bonus program
Who you are
We empower inclusion
At Symetra, we aspire to be the most inclusive insurance company in the country. W e're building a place where every employee feels valued, respected, and has opportunities to contribute.
Inclusion is about recognizing our assumptions, considering multiple perspectives, and removing barriers.
We accept and celebrate diverse experiences, identities, and perspectives, because lifting each other up fuels thought and builds a stronger, more innovative company.
We invite you to learn more about our efforts Here .
Creating a world where more people have access to financial freedom
Symetra is a national financial services company dedicated to helping people achieve their financial goals and feel confident about the future.
In our daily work, we're guided by the principles of Value, Transparency and Sustainability. This means we provide products and services people need at a competitive price, we communicate clearly and openly so people understand what they're buying, and we design products-and operate our company-to stand the test of time.
We're committed to showing up for our communities, lifting up our employees, and standing up for diversity, equity and inclusion (DEI).
Join our team and help us create a world where more people have access to financial freedom.
For more information about our careers visit : https : / / symetra.eightfold.ai / careers
Work Authorization
Employer work visa sponsorship and support are not provided for this role. Applicants must be currently authorized to work in the United States at hire and must maintain authorization to work in the United States throughout their employment with our company.
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Last updated : 2024-06-10