| Actuarial Services Manager |
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| Also referred to as: Actuarial Services Manager, Actuarial Operations Manager, Insurance Actuary Manager |
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| Requirements and Responsibilities |
| Manages the analysis and evaluation of potential risks to determine and manage financial impacts. Implements policies and procedures to guide statistical analysis and actuarial research and evaluate the likelihood and financial impact of various risks. Monitors daily operations to ensure regulatory compliance of products and financial operations. Evaluates risk exposure data and calculates appropriate insurance rates, premium levels, and rating systems and structures to provide input on product design. Leads the preparation of actuarial reports, financial statements, and regulatory filings. Assists with the development of 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. May require Associate of Society of Actuaries (ASA). May require Fellow of Society of Actuaries (FSA). Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. |
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| Similar Jobs: Actuarial Services Senior Manager, VP of Actuarial Services, Actuarial Services Director, Library Services Manager, Employee Services Manager, Rehabilitation Services Manager, Actuarial Assistant, Emergency Services Manager, Actuarial Fellow |
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| Level of Education: Actuarial Services Manager Salaries with No Diploma, Actuarial Services Manager Salaries with a High School Diploma or Technical Certificate, Actuarial Services Manager Salaries with an Associate's Degree, Actuarial Services Manager Salaries with a Bachelor's Degree, Actuarial Services Manager Salaries with a Master's Degree or MBA, Actuarial Services Manager 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, Transportation | |
