2 Jobs in Montgomery, AL
Alfa Insurance is Hiring an Actuarial Analyst Near Montgomery, AL
Working as an Actuarial Analyst at Alfa Insurance is more than just crunching numbers and analyzing data. It is a dynamic and intellectually stimulating role that requires a unique blend of mathematical prowess, critical thinking, and effective communication skills. It entails joining a revered company built on principles of faith, family, community, and unwavering integrity. By becoming a member of the Alfa family, you can uncover your true purpose and actively contribute to enhancing the lives of our valued policyholders and making a positive impact in your community.
Job SummaryThe Actuarial Analyst plays a pivotal role in our organization, providing support to our actuarial functions and contributing to the overall success of our insurance operations. As an Actuarial Analyst, you will work closely with our experienced actuarial team to analyze complex data and perform actuarial calculations Your key responsibilities will include conducting studies to analyze profitability, competitiveness and adequacy of reserves. Additionally, you will play a vital role in contributing to the development of new products and in the determinations of rate for new products and our existing business. As an integral part of our actuarial team, you will have the opportunity to gain valuable experience, develop your actuarial expertise, and make a meaningful impact on our organization's financial stability and success.
Responsibilities
- Accountable for contributing to the development of new products and in the determination of rate for new products and existing business.
- Assists in monitoring the loss experience and conducting studies to analyze profitability, competitiveness, and adequacy of loss reserves.
- Bachelor’s degree in mathematics required. A degree in Physics, Statistics, or Economics may suffice provided there is a strong concentration of mathematics and completion of one or more of the actuarial exams.
- Must provide support to and work collaboratively with the production rating team and other Actuaries.
- Coordinate with Analytics, Underwriting, Marketing, and other areas to support good analysis, decisions, and product design.
- Opportunity for annual performance bonus
- Discounts on your auto insurance (underwriting approval required)
- Benefits include: Health, dental, supplemental cancer, vision insurance and 401(k) plan
- Paid time off
- Paid time off bank to include 3 days PTO after 80 hours worked for new hires
- Short-term and long-term disability
- Flexible Healthcare and Childcare spending accounts for tax savings
- Opportunities for advancement
- Continuous training and support throughout your career with Alfa
- College tuition discounts at various colleges in Alabama
- Fitness center
- Onsite cafeteria
- Access to onsite childcare center
Job Summary
Part Time
Insurance
$85k-104k (estimate)
06/10/2024
07/26/2024
alfainsurance.com
MONTGOMERY, AL
1,000 - 3,000
1946
JERRY NEWBY
$1B - $3B
Insurance
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The job skills required for Actuarial Analyst include Actuarial, Analysis, Underwriting, Economics, Customer Service, Critical Thinking, etc. Having related job skills and expertise will give you an advantage when applying to be an Actuarial Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Actuarial Analyst. Select any job title you are interested in and start to search job requirements.
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If you are interested in becoming an Actuarial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Actuarial Analyst for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Actuarial Analyst job description and responsibilities
Analysts are often also responsible for the monthly, quarterly, and annual reporting processes that need to be completed by the actuarial departments.
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They use statistical models to analyze data and assess risk.
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They teach math concepts that are very specific to the actuarial field.
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Actuarial analysts use advanced statistics and modeling to understand data and assist actuaries.
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Actuarial Analysts use statistics and mathematics to predict financial risks for companies.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Actuarial Analyst jobs
Many actuaries earn an actuarial science degree, but some pursue other analytical majors, such as mathematics or statistics.
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Entry-level positions for Risk Analysts typically require.
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The best actuarial science schools are ones that have a good reputation, has accreditation, and has a large percentage of graduates finding employment after earning their degree.
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To earn the Associate of the Society of Actuaries designation, students must pass a specialized series of actuarial science exams.
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Pass at least one actuarial exam.
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Step 3: View the best colleges and universities for Actuarial Analyst.
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