Qualified Actuary Jobs

A qualified actuary is responsible for performing complex calculations to support insurance ventures of the company and develop robust financial modeling techniques. Typical duties for qualified actuaries include validating pricing assumptions; monitoring the consistency with pricing assumptions; studying and reporting actuarial trends and rating considerations; using established tools and procedures to gather and process actuarial data; quantifying the available data as directed and utilizing computer systems and sources in doing so; keeping and updating actuarial databases and files; keeping updated on compliance with insurance regulations and federal regulations; reviewing and testing data for preciseness and accuracy; and evaluating actuarial data of the entire actuarial industry. A qualified actuary typically reports to the actuarial manager.
A qualified actuary should have a bachelor's degree in insurance or actuarial science. Prior experience as a qualified actuary is advantageous. Strong background in actuarial science gained through a training or research project may prove beneficial for qualified actuary positions.