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PINNACLE ACTUARIAL RESOURCES INC

Actuarial Analyst 1

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What they do

An Actuary calculates the financial costs of risk and uncertainty. Uses findings from statistical analysis and mathematical modeling to help businesses and clients minimize the cost of risk and develop business and investment strategies. Uses actuarial analysis of the probability and cost of natural disasters or accidents to develop insurance policies.

$121,604 / year median in Illinois

-6% projected decline

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Job Description

Actuarial Analyst 1 Atlanta; Chicago; or Bloomington, IL Apply Overview Salary Range $80,000.00 - $95,000.00 Salary/year Position Type Full Time Apply Description SUMMARY Reporting to an associate actuary or a consulting actuary, the actuarial analyst 1 works under the direction of a supervisor, project manager or account executive to create, organize and input data into actuarial models. The actuarial analyst 1 will work to support client relationships by providing accurate information and feedback. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
ESSENTIAL FUNCTIONS AND RESPONSIBILITIES
To perform this job successfully, an individual must be able to accomplish each essential function satisfactorily. Participate in the delivery of actuarial consulting projects Organize and input data accurately into actuarial models; modify existing actuarial models; and/or manipulate existing code for data processing and predictive modeling under the direction of a project manager Complete technical review of data input into actuarial models; review actuarial models for technical accuracy Format work correctly and professionally; ensure that work product is complete, correct and logical Participate in client visits and calls as directed Effectively communicate with project teams and manage internal expectations to ensure that projects are on time and meet Pinnacle standards for excellence Communicate clearly with coworkers and supervisors regarding day-to-day projects Suggest improvements to accuracy, efficiency, and/or quality of Pinnacle processes or work products to supervisor Proactively request additional work when available Provide at least one actuarial presentation per year to internal colleagues Attend and participate in internal meetings Comply with the Casualty Actuarial Society's (CAS) Code of Professional Ethics for Candidates Sustain progress toward the completion of the actuarial exams as defined in the Pinnacle Exam Policy Enter time and expenses accurately and timely Handle and process confidential information with complete discretion File projects and materials according to Pinnacle's internal filing system Regular, predictable and punctual attendance in a Pinnacle office when not working off-site
SUPERVISORY RESPONSIBILITIES
This position does not have supervisory responsibilities. Qualifications
COMPETENCIES
Analytical and mathematical proficiency Basic knowledge of actuarial techniques Attention to detail and commitment to task Project coordination and organizational ability Manage multiple tasks and deadlines Proficiency with Microsoft Office software and additional software as needed Strong verbal and written communications skills Ability to extract relevant information from proposals
EDUCATION AND/OR EXPERIENCE
Minimum Bachelor of Arts or Bachelor of Science degree from an accredited college or university; a degree in actuarial science, mathematics, statistics or other related degree preferred Advanced level mathematical, statistical and actuarial methods in the performance of actuarial functions Successful completion of at least two actuarial exams Actively pursuing credentials in the CAS Actuarial internship experience preferred
BENEFITS INCLUDE
Paid vacation, sick, holiday and parental leave time Summer days and community service time Paid study time Exceptional medical, dental and vision insurance 401k, company match and profit sharing Disability insurance Wellness benefits About
PINNACLE ACTUARIAL RESOURCES
INC

Benefits

  • Paid Time Off (PTO)
  • 401(k) Plans
  • Employee Stock Options (ESOs)
  • Health Insurance