Jobs

    Actuarial Assistant - Not specified, United States - MedPro Group

    MedPro Group
    MedPro Group Not specified, United States

    3 weeks ago

    Default job background
    Full time
    Description
    Wellfleet, a Berkshire Hathaway company, delivers customer-centric accident and health insurance, with quality service and uncompromising ethics. Wellfleet works to protect people against risk throughout every stage of life - from grade school to college to the workplace.

    Founded in 1993 as Consolidated Health Plans (CHP), Wellfleet, headquartered in Springfield, Mass., is one of the nation's leading providers of health and accident insurance products to the higher education market.

    This is an entry level position for an aspiring actuary. An actuarial assistant supports actuaries by collecting and analyzing data, performing calculations, and assisting with the development of insurance plans. They may also help prepare reports, communicate with clients, and contribute to risk assessment and financial forecasting activities. The successful candidate will be expected to make progress toward attaining the status of Associate of the Society of Actuaries (ASA) through the Society of Actuaries' education program. The Company will provide exam support.

    In this role, you will...
    • Assist VP, Chief Actuary with traditional actuarial functions such as pricing, reserving, and product development
    • Assists with the preparation of documents for rate filings for submission to state regulatory agencies
    • Assists with statistical analysis to assess and manage risk and estimate financial outcomes
    • Collects, organizes, cleans, and maintains data related to insurance claims, policyholders, and other pertinent information
    • Prepares reports documenting actuarial analyses, findings, and recommendations and manages various clerical support tasks
    • Records and tracks accruals, claims, and settlements
    • Collaborate with actuaries and other team members to conduct research and analysis on emerging trends and industry developments
    • Stay current with advancements in actuarial science, technology, and industry best practices through continuous learning and professional development
    • Support other finance department functions including underwriting, financial reporting and/or analysis, and planning/forecasting
    • Perform other duties as assigned
    We are looking for candidates with...
    • Bachelor's degree in math, statistics, actuarial science, or related field, or a combination of education and experience
    • Excellent verbal and written communication skills
    • Strong analytical, organizational, and problem-solving skills
    • Proficient with Microsoft Office Suite, Excel, and Access database software
    • Ability to work independently and as a member of a team
    • Knowledge of statistical modeling techniques
    • Familiarity with actuarial principles and concepts preferred
    Why Wellfleet?

    Here at Wellfleet, we foster a culture of growth that enables engaged and high-performing professionals to be empowered to deliver our mission and vision.

    Our employees are a team devoted to providing customer service that exceeds expectations of our members and clients. Successful team members continually look for ways to improve product delivery and value.

    Wellfleet offers a competitive compensation package and comprehensive benefits package including life, health and dental, vision, 401K retirement plan, short- and long-term disability coverage, flexible/dependent care spending account, tuition reimbursement, and business casual dress.

    Are you interested in exploring a career at Wellfleet? Explore our open positions.

    General:

    Wellfleet is part of the MedPro Group family. As such, all Wellfleet team members are employees of MedPro Group Inc. We are an Equal Opportunity Employer. The annual gross base salary range is $75,000 to $80,000. This range anticipates the low and high end of the salary for this position. Actual salaries will vary and are based on factors such as a candidate's qualifications, skills and competencies. Salary is one component of Wellfleet's total compensation and benefits package, which includes medical, vision and dental insurance options, life and accident insurance, 401(k), and short-term and long-term disability insurance. For a more detailed overview, visit our careers website at: #LI-KS1 #LI-SS1 #LI-Remote
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