Actuarial Data Analyst
2 days ago
The Actuarial Analyst role involves assisting in determining the pricing of annuity and life insurance policies to ensure minimal risk and optimal costs.
This requires compiling statistical data and information for further analysis, estimating the probability and likely economic cost of risk factors, and designing, testing, and administering insurance policies to minimize risk and maximize profitability.
The successful candidate will have a solid background in mathematics, statistics, and business, with strong analytical problem-solving abilities and attention to detail.
- Compile statistical data and other information for further analysis.
- Estimate the probability and likely economic cost of risk factors such as age, gender, tobacco use, and events such as death, sickness, an accident, or a natural disaster.
- Design, test, and administer insurance policies, investments, pension plans, and other business strategies to minimize risk and maximize profitability.
- Develop, maintain, and analyze projection models.
- Bachelor's degree in mathematics, actuarial science, statistics, or related analytical field.
- Professional actuary certification (e.g., Fellow of the Society of Actuaries or working towards one).
- Minimum of 3 years progressive experience compiling data, conducting research, statistical modeling, and writing reports.
- Experience working in related fields such as underwriting and product development.
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