Actuarial Fellow jobs in Rhode Island
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)
Recently Added Actuarial Fellow jobs
Stop Loss Actuarial Analyst III
- Elevance Health
-
Smithfield, RI
FULL_TIME
-
Location: Elevance Health operates in a Hybrid Workforce Strategy, providing various levels of flexibility while also ensuring that associates have opportunities to connect in-person. Unless in a designated virtual-eligible role and specified as primarily virtual by the hiring manager, associates are required to work at an Elevance Health location at least once per week, and potentially several times per week. Specific requirements and expectations for time onsite will be discussed as part of the hiring process.
The Stop Loss Actuarial Analyst III completes very diverse and complicated projects and performs very complex actuarial studies for our Employer Group Stop Loss segment, supporting Pricing functions. In particular, this role will primarily focus on our Wellpoint Stop Loss LOB.
How You Will Make An Impact
Primary duties may include, but are not limited to:- Analyzes and implements risk contracts including conducting experience analyses, pricing, filing and settlement work; and prepares management reports.
- Assists in training of actuarial trainees, analysts and specialists.
- Coordinates/directs special actuarial projects.
Requires a BA/BS and to have passed a minimum of four Society of Actuaries (SOA) actuarial exams and a minimum of 3 years related experience; or any combination of education and experience, which would provide an equivalent background.
Preferred Skills, Capabilities And Experiences
Knowledge or work experience in the Stop Loss product area is highly preferred.
For candidates working in person or remotely in the below locations, the salary* range for this specific position is $88,000.00 to $158,400.00
Locations: California; Colorado; Hawaii; Nevada; New York; Washington State; Jersey City, NJ
In addition to your salary, Elevance Health offers benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). The salary offered for this specific position is based on a number of legitimate, non-discriminatory factors set by the company. The company is fully committed to ensuring equal pay opportunities for equal work regardless of gender, race, or any other category protected by federal, state, and local pay equity laws .- The salary range is the range Elevance Health in good faith believes is the range of possible compensation for this role at the time of this posting. This range may be modified in the future and actual compensation may vary from posting based on geographic location, work experience, education and/or skill level. Even within the range, the actual compensation will vary depending on the above factors as well as market/business considerations. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.
- 11 Days Ago
Postdoctoral Fellow
- University of Rhode Island
-
Kingston, RI
FULL_TIME
- A Post-Doctoral position is immediately available in the Department of Biomedical and Pharmaceutical Sciences, College of Pharmacy, University of Rhode Island. The research program in Dr. Deng’s lab i...
- 10 Days Ago
Teaching Fellow or Associate Teacher
- Selected
-
Providence, RI
FULL_TIME
- Free job-searching PD for educators. Find a school you love!Position DescriptionTeaching Fellow or Associate Teacher at multiple partner school sites (school-specific role descriptions available upon ...
- 7 Days Ago
Speech Language Pathologist Fellow
- FAMILY SERVICE OF RHODE ISLAND INC
-
Providence, RI
OTHER
- Job Details Job Location: Thurbers Ave - Providence, RI Position Type: Full Time Education Level: Graduate Degree Salary Range: Undisclosed Travel Percentage: Up to 25% Job Shift: Day FSRI is always l...
- Just Posted
Teaching Fellow or Associate Teacher
- GetSelected.com
-
Providence, RI
FULL_TIME
- Free job-searching PD for educators. Find a school you love!www.getselected.comPosition DescriptionTeaching Fellow or Associate Teacher at multiple partner school sites (school-specific role descripti...
- 1 Month Ago
Post Doctoral Research Fellow
- Care New England
-
Providence, RI
FULL_TIME
- Job Summary: Coordinates with other members of a specialized scientifically-based exploration or study team to facilitate the conduct of bio-behavioral research in the hospital. Manages various aspect...
- 15 Days Ago
Actuarial Fellow jobs at Popular Companies
About Rhode Island
Rhode Island (/ˌroʊd -/ (listen)), officially the State of Rhode Island and Providence Plantations, is a state in the New England region of the United States. It is the smallest state in area, the seventh least populous, the second most densely populated, and it has the longest official name of any state. Rhode Island is bordered by Connecticut to the west, Massachusetts to the north and east, and the Atlantic Ocean to the south via Rhode Island Sound and Block Island Sound. It also shares a small maritime border with New York. Providence is the state capital and most populous city in Rhode Is...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuarial Fellow jobs
$191,218 to $247,749
Most Popular Cities in Rhode Island for Actuarial Fellow Jobs
What does an Actuarial Fellow do?
Actuarial Fellow in Boca Raton, FL
The Actuaries Institute is committed to promoting the actuarial profession and is recognised as a source of authoritative, professional and independent comment for the financial services sector and non-traditional areas such as health, environment, climate change, genetics and information technology.
January 07, 2020
Actuarial Fellow in Salt Lake City, UT
Actuarial employers have fed back to us that there will always be a demand for the high levels of specialism demonstrated by our Fellows; particularly in established areas of actuarial employment such as pensions and insurance. However, they also need a more flexible qualification framework, which ensures that their employees are working to the level that is needed for the roles that they are undertaking.
January 18, 2020
Actuarial Fellow in High Point, NC
This proposal will also align the IFoA with the international market where an increasingly large proportion of our members operate, and will become the formal initial qualification for fully qualified actuaries who will possess 'core actuarial competencies'.
February 11, 2020