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Fortitude Re
Jersey, NJ | Full Time
$73k-91k (estimate)
1 Month Ago
Actuarial Analyst
Fortitude Re Jersey, NJ
$73k-91k (estimate)
Full Time 1 Month Ago
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Fortitude Re is Hiring an Actuarial Analyst Near Jersey, NJ

Fortitude Re is rapidly growing and we have multiple open actuarial positions at the Actuarial Analyst level, which typically require 0-2 years of experience as well as ideally actuarial internship experience. This individual will be working toward Associateship/Fellowship of the SOA, CAS, or IFoA and have an undergraduate degree with preference for mathematics, actuarial sciences, statistics, or other quantitative fields.You are welcome to apply to a specific job posting, or, if you’re not sure which posting might be appropriate given your specific experience and expertise, you may apply to this general job requisition. We will review your resume and contact you if we think you may be a fit for any of our open positions.Our products include:Variable annuities (VA)Fixed deferred annuitiesSupplemental annuity contractsA wide range of Life productsAccident & Health productsOther products covered now or in the future by acquisitions and reinsurance Our roles are diverse and cover areas such as:Pricing analyses, sensitivities and analyticsGAAP, Statutory, hedging and embedded value modellingUS cash flow testingBermuda economic balance sheetValuation and financial reportingSupport of inforce management initiativesReview and analysis of reinsurance settlementsDevelopment and analysis of liability key performance indicatorsQuality Assurance (first line independent testing and validation of models)Capital managementAnd moreThe following skillsets are not required but are a plus:Strong technical skills (Excel skills required)Knowledge of SQL, familiarity with programming in R or PythonExposure to business intelligence tools such as Tableau, Power BI, etc.Exposure to actuarial software such as GGY/Moody’s AXISWe are seeking professionals with the following personal characteristics:Excited to learn and developEntrepreneurial and collaborativeDesire to deliver a complete work productStrong oral and written communication skillsHighly motivated and results-orientedStrong analytical skillsAbility to work independentlyPositive, “can-do” attitudeFluent in Microsoft Office suite of applications, e.g., Excel, Word, Outlook, PowerPoint

Job Summary

JOB TYPE

Full Time

SALARY

$73k-91k (estimate)

POST DATE

03/04/2023

EXPIRATION DATE

06/02/2023

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The following is the career advancement route for Actuarial Analyst positions, which can be used as a reference in future career path planning. As an Actuarial Analyst, it can be promoted into senior positions as an Actuary IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Actuarial Analyst. You can explore the career advancement for an Actuarial Analyst below and select your interested title to get hiring information.

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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.

02/01/2022: Abilene, TX

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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