Actuary

Job Brief

This template for an Actuary job description will help you attract and hire qualified candidates to your company. You can adjust the duties and requirements to be a Property Insurance Actuary, Life Insurance Actuary, or Health Insurance Actuary.

Job Description

• ● Conduct risk assessments
• ● Build predictive models to accurately analyze potential outcomes
• ● Recommend investments with the lowest risk and the highest profits possible
• ● Calculate total assets and liabilities
• ● Determine financial status after an investment
• ● Compare actual ROIs with forecasts
• ● Monitor market trends and identify opportunities for new investments and funds
• ● Develop guides and policies on how to avoid high-risk investments and the losses associated with them
• ● Keep records of payments, fundings and underwriting policies

Job Requirements

• ● Work experience as an Actuary, Investment Analyst or similar position
• ● In-depth understanding of how to use actuarial formulas and tables
• ● Hands-on experience with statistical packages like SPSS
• ● Good knowledge of insurance legislation
• ● Excellent numerical and analytical skills
• ● Attention to detail
• ● BSc in Statistics, Mathematics or Finance
• ● Additional certification in Risk Management or being successful in actuary exams is a plus