Actuary

GetJobSmart; Detroit (MI); On-site; USD 60,000 - 81,000; Full time

Benefits offered by this job

Health insurance

Retirement plans

Professional development

Job summary

Willow Atlantic LLC in Detroit, MI is seeking an Actuary to analyze financial data, develop risk management strategies, and provide actuarial advice across projects. This full-time role demands a strong background in mathematics, statistics, and financial modeling, with excellent communication and analytical skills.

The Actuary will work with leadership to assess risks, build models, review policies, and contribute to strategic decisions.

Qualifications

• Bachelor's degree in Actuarial Science or related field.
• PAS certification or eligibility to sit for exams.
• 3-5 years actuarial experience preferred.
• Proficiency in actuarial software and strong analytical skills.

Responsibilities

• Analyze and assess risk for clients and ensure regulatory compliance.
• Develop and maintain actuarial models and projections.
• Collaborate with underwriting and claims teams to provide actuarial guidance.
• Review policies to ensure fairness and alignment with clients' needs.
• Stay updated on industry trends and best practices.
• Prepare actuarial reports for senior management and clients.

Skills

Analytical thinking

Communication skills

Actuarial modeling

Risk assessment

Education

Bachelor's degree in Actuarial Science

PAS certification

Tools

SAS

R

Excel

Job description

Actuary at Willow Atlantic LLC in Detroit, MI. This full-time position offers a competitive salary range of $60,000 to $81,361. The actuary will be responsible for analyzing financial data, developing and implementing risk management strategies, and providing financial advice to the company. The role requires a strong background in mathematics, statistics, and financial modeling, as well as excellent communication and analytical skills. The actuary will work closely with the company's leadership team to ensure the financial health and stability of Willow Atlantic LLC. This position is ideal for those seeking a challenging and rewarding career in the field of actuarial science.

The Actuary will analyze and evaluate financial risks, develop and implement risk management strategies, and provide actuarial advice to clients.

Working alongside the risk management team in a professional environment, you'll have the opportunity to collaborate with experts in their field, contributing to the development and implementation of risk mitigation strategies. Located in Detroit, Michigan, you'll be part of a dynamic team that plays a crucial role in ensuring the organization's resilience and continuity. This position offers a unique chance to apply your skills and knowledge in a real-world setting, while also benefiting from the rich cultural and business landscape of the city.

Salary range: $60,000 - $81,361. Benefits may include health insurance, retirement plans, and professional development opportunities.

The Actuary must have a bachelor's degree in Actuarial Science or a related field, 3-5 years of experience in actuarial work, proficiency in actuarial software, and strong analytical and problem-solving skills.

What you will do:

• Analyze and assess risk for our clients, ensuring compliance with industry standards and regulations.
• Develop and maintain actuarial models and projections to support our clients' decision-making processes.
• Collaborate with underwriting and claims teams to provide actuarial expertise and guidance.
• Review and evaluate insurance policies, ensuring they are fair, accurate, and aligned with our clients' needs.
• Stay up-to-date with industry trends, regulations, and best practices to provide informed advice to our clients.
• Prepare and present actuarial reports and analyses to senior management and clients.

What we need:

• A bachelor's degree in Actuarial Science or a related field, or equivalent experience.
• Professional Actuarial Society (PAS) certification or eligibility to sit for the exams.
• Experience in risk assessment, analysis, and modeling for insurance and financial services.
• Strong analytical and problem-solving skills, with the ability to work with complex data and models.
• Excellent communication and presentation skills, with the ability to convey complex information to non-technical stakeholders.
• Proficiency in actuarial software and tools, such as SAS, R, or Microsoft Excel.