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Actuary II Job Description
The following is a full job description for Actuary II. Here are the requirements and responsibilities for Actuary II along with statistics. If after reading this page you determine that Actuary II is not the position you are looking for, you may want to try one of these similar titles:
Actuary III
,
Actuary IV
,
Actuary V
,
Actuary I
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Attorney II
,
Photographer II
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Paralegal II
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Underwriter II
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Copywriter II
Requirements and Responsibilities For Actuary II
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. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience.
Also referred to as:
Actuarial Analyst II, Actuary Consultant II, Insurance Actuary II
Similar Jobs:
Actuary III
,
Actuary IV
,
Actuary V
,
Actuary I
,
Attorney II
,
Photographer II
,
Paralegal II
,
Underwriter II
,
Copywriter II
Level of Education:
Actuary II Salaries with an Associate's Degree
,
Actuary II Salaries with a Bachelor's Degree
,
Actuary II Salaries with a Master's Degree or MBA
,
Actuary II Salaries with a JD, MD, PhD or Equivalent
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
Job Statistics
Years of Experience
Education Level
0-1
2-5
5-10
10-15
15+
No diploma
High School
Associate's/Certificate
Bachelor's
Master's
Doctorate
Company Size
Industry
<100
100-500
500-1000
1000-7500
7500-15,000
15K-50k
50k+
0%
5%
10%
15%
20%
25%
30%
Insurance
Business Services
Healthcare
Construction
Financial Services
0%
10%
20%
30%
40%
50%
60%
70%
80%
Most Popular Cities for Actuary II
New York, NY Actuary II Salaries
Chicago, IL Actuary II Salaries
Dallas, TX Actuary II Salaries
Boston, MA Actuary II Salaries
Hartford, CT Actuary II Salaries
Columbus, OH Actuary II Salaries
Denver, CO Actuary II Salaries
Houston, TX Actuary II Salaries
Gainesville, FL Actuary II Salaries
Trenton, NJ Actuary II Salaries