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The Actuarial Analyst is responsible for (1) auditing and compiling data for analysis and ratemaking, (2) performing various analyses and ratemaking functions, and (3) the development and maintenance of data products and reports.
The Actuarial Analyst works independently or collaboratively with other members of the Actuarial Services team or other WCIRB research teams, generally under minimal supervision, and where work is regularly peer reviewed by other analysts or supervisors.
The Actuarial Analyst reports to the Associate Director, Actuarial Services and works closely with the Vice President, Actuary.
Essential Duties and Responsibilities:
Education, Experience, and Skill Qualifications:
Qualifications
To perform this job successfully, the individual must be able to execute the tasks discussed in this job description. The requirements listed below are representative of the knowledge, skills and/or ability required. Reasonable accommodations, as required by ADA, may be made to enable individuals with disabilities to perform the essential functions.
Company Benefits/Perks
Equal opportunity is a core value at the WCIRB. We recognize that individuals representing diverse backgrounds, experiences and perspectives enhance our working environment and improve the quality of service to our members. The WCIRB is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion.
Since talent is not limited by characteristics such as age, race, disability, gender, gender identity, national origin, religious belief, sexual orientation, or veteran status we find that we attract the most exceptional individuals when we seek talent from the entire spectrum of the greater world we live in.
The work environment characteristics described in this section are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Physical Demands
The physical demands described in this section are to be representative of those that must be met by an employee to perform successfully the essential functions of this job. Reasonable accommodations, as required by ADA, may be made to enable individuals with disabilities to perform the essential functions.
Disclaimer
Management may assign or reassign duties and responsibilities to this position at any time. As such, the job description may be revised depending on the WCIRB’s needs. Further, this job description is a general summary of responsibilities and requirements and is not intended to be all-inclusive of the responsibilities and requirements of this position.
Please note that the WCIRB has enacted a mandatory COVID-19 vaccine requirement for all employees. Proof of full vaccination or an approved exemption or deferral is required of all employees, including new hires.
Full Time
$83k-104k (estimate)
07/28/2022
10/24/2022
wcirbonline.org
San Francisco, CA
50 - 100
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.
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.
04/12/2022: Ogden, UT
They use statistical models to analyze data and assess risk.
01/23/2022: Chico, CA
They teach math concepts that are very specific to the actuarial field.
03/28/2022: Elyria, OH
Actuarial analysts use advanced statistics and modeling to understand data and assist actuaries.
04/08/2022: Provo, UT
Actuarial Analysts use statistics and mathematics to predict financial risks for companies.
03/11/2022: Austin, TX
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.
02/17/2022: Mobile, AL
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.
01/26/2022: Rochester, MN
To earn the Associate of the Society of Actuaries designation, students must pass a specialized series of actuarial science exams.
04/03/2022: Huntsville, AL
Pass at least one actuarial exam.
02/04/2022: Los Angeles, CA
Step 3: View the best colleges and universities for Actuarial Analyst.