| Actuarial Fellow Job Description |
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| The following is a full job description for Actuarial Fellow. Here are the requirements and responsibilities for Actuarial Fellow along with statistics. If after reading this page you determine that Actuarial Fellow is not the position you are looking for, you may want to try one of these similar titles: Actuarial Services Manager, Actuarial Services Senior Manager, Research Fellow, VP of Actuarial Services, Actuarial Services Director, Actuarial Assistant, Actuary III, Actuary II, Actuary IV |
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| Requirements and Responsibilities For 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. 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. 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. 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. |
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| Also referred to as: Chief Consulting Actuary, Fellow, The Society of Actuaries |
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| Similar Jobs: Actuarial Services Manager, Actuarial Services Senior Manager, Research Fellow, VP of Actuarial Services, Actuarial Services Director, Actuarial Assistant, Actuary III, Actuary II, Actuary IV |
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| Level of Education: Actuarial Fellow Salaries with a Bachelor's Degree, Actuarial Fellow Salaries with a Master's Degree or MBA, Actuarial Fellow Salaries with a JD, MD, PhD or Equivalent |
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| Industries: Aerospace & Defense, Biotechnology, Business Services, Chemicals, Construction, Edu., Gov't. & Nonprofit, Energy & Utilities, Financial Services, Healthcare, Hospitality & Leisure, Insurance, Internet, Media, MFG Durable, MFG Nondurable, Pharmaceuticals, Retail & Wholesale, Software & Networking, Telecom | |
