Actuary jobs in Arkansas
Actuary 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 Actuary 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, Actuary 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. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. The Actuary work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Actuary typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Actuary jobs
Actuary -- Remote | WFH
- Get It Recruit - Finance
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Little Rock, AR
FULL_TIME
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Actuary Overview
At our company, we're dedicated to making a genuine impact on the lives of our customers and our team members. We believe in the power of diversity, inclusion, and empowerment, fostering an environment where every voice is heard and valued. As an Actuary with us, you'll be joining a team that's committed to excellence and driven by a passion for serving others.
What We Offer You- A supportive and inclusive culture that celebrates diversity and empowers every team member to thrive
- Exceptional and affordable benefits package designed to support your well-being
- Potential for yearly bonuses and annual increases
- Generous paid time off from your date of hire, including 11 paid holidays
- 401(k) with up to 6% match, fully vested from day one
- Remote work opportunities with all necessary equipment provided
- Collaboration within a team-oriented environment
- Clear paths for career advancement and professional development
- Tuition reimbursement to support your continued growth
- Employee Assistance Program for personal and professional support
- Inclusion Council and Employee Resource Groups to foster connection and belonging
- Recharge Days and Volunteer Time Off to give back to our communities
As an Actuary, you'll play a pivotal role in our team, developing complex actuarial models and projecting financial results based on the best available data and business insights. You'll have the opportunity to contribute to the development of premium rates, leveraging your deep understanding of risk factors, product features, and market dynamics. Your work will involve communicating findings effectively to various stakeholders and leading cross-functional teams in complex initiatives.
Essential Duties- Perform advanced actuarial analysis with a high level of independence
- Communicate complex actuarial concepts clearly to diverse audiences
- Develop and justify business recommendations based on rigorous research and analysis
- Lead collaborative efforts across teams to achieve actuarial objectives
- Support the development of state and federal rate filings and product designs
- Assist in the design and pricing of products to meet market demands
- Contribute to the development of rating systems and pricing tools for enhanced accuracy and efficiency
- Mentor and support the growth of junior team members as needed
- Perform other duties as assigned
- Advanced proficiency in Microsoft Office Suite
- Strong skills in SQL and VBA
- Ability to articulate complex actuarial concepts to senior leadership and colleagues
- Experience in developing premium rates based on regulatory requirements and market dynamics
- Expertise in conducting detailed actuarial analysis and forecasting within the insurance industry context
- Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Finance, Economics, Computer Science, or related field
- Minimum of 7 years of relevant actuarial experience in dental or group life, disability, and supplemental products
- ASA (Associate) designation from the Society of Actuaries
- Membership in the American Academy of Actuaries
- Compliance with continuing education requirements
- Fellowship in the Society of Actuaries
- 10 years of related actuarial experience
- 4 Days Ago
Actuary jobs at Popular Companies
Internal Actuary
- Farmers Life Insurance Co.
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- Company Overview: Join Farmers Life Insurance Company, a rapidly growing life insurance company focused on providing inn...
- 6/10/2024 12:00:00 AM
Associate Actuary
- USAA
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San Antonio, TX
- Why USAA? Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the finan...
- 6/10/2024 12:00:00 AM
Associate Actuary
- USAA
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Phoenix, AZ
- Why USAA? Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the finan...
- 6/10/2024 12:00:00 AM
Actuary
- PRI Technology
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Whitehouse Station, NJ
- Job Description Job Description Actuary My name is Bill Stevens and I have a new twelve month plus Actuary opportunity a...
- 6/9/2024 12:00:00 AM
Actuary - Remote
- USAble Life
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Little Rock, AR
- Description When it comes to making a meaningful difference in the lives of our customers and employees, USAble Life is ...
- 6/9/2024 12:00:00 AM
Enrolled Actuary
- Pension Associates Retirement Planning, LLC
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Stamford, CT
- Job Description Job Description Pension Associates Retirement Planning LLC is a third party administration firm located ...
- 6/8/2024 12:00:00 AM
AVP, Actuary
- Wilton Re
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Norwalk, CT
- AVP, Actuary Full Time Norwalk, CT About the Company: Wilton Re is an industry leader in the life (re)insurance space, s...
- 6/7/2024 12:00:00 AM
Associate Actuary
- Fidelity TalentSource LLC
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Boston, MA
- Job Description: Associate Actuary Fidelity Investments Life Insurance Company (FILI) is looking for an Associate Actuar...
- 6/7/2024 12:00:00 AM
About Arkansas
Arkansas (/ˈɑːrkənsɔː/ AR-kən-saw)[c] is a state in the southern region of the United States, home to over 3 million people as of 2018. Its name is of Siouan derivation from the language of the Osage denoting their related kin, the Quapaw Indians. The state's diverse geography ranges from the mountainous regions of the Ozark and the Ouachita Mountains, which make up the U.S. Interior Highlands, to the densely forested land in the south known as the Arkansas Timberlands, to the eastern lowlands along the Mississippi River and the Arkansas Delta.
Arkansas is the 29th largest by area and the 33rd...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuary jobs
$67,368 to $84,301
Most Popular Cities in Arkansas for Actuary Jobs
What does an Actuary do?
Actuary in Philadelphia, PA
An actuary can study the market, the risk it exposes their clients/firms to and try to strategize accordingly.
October 07, 2019
Actuary in Raleigh, NC
Reserving actuary does this by studying patterns from the past or expert opinion.
December 05, 2019
Actuary in Vincennes, IN
It provides a useful starting point for those considering a career as an actuary.
December 12, 2019