Actuary

...
...

Actuary

Washington , USA, United States

 

Looking for an Actuary. An Actuary, or Actuarial Analyst, assesses potential risks of company decisions or situations using statistics, financial theories and mathematics. Their duties include estimating probabilities of the success of certain business decisions, projecting costs of potential natural disasters, deaths or sicknesses of company employees and designing insurance policies or business strategies to reduce a company’s financial risks.

 

(Company Facilities:  Accommodation, Food, Medical Insurance).

Requirements: 

  •  Passport Validity (1 year).
  •  Passport Size photo 2 inches by 2 inches on a white background, perfect for showing off your face.
  •  Updated CV.
  •  Police Clearence Certificate.
  •  Educational degrees, certificates, and transcripts.
  •  Previous employment experience documentation.
  •  Previous employment experience documentation.
  •  Marriage and birth certificates (if dependent members are traveling along).

Processing Time:

  • H1-B Visa USA Processing Timeline: 16-24 Weeks
  • Step 1: Enrollment
  • Each following step will be carefully completed with the government's approval, ensuring a smooth and prompt process.

 

Responsibilities:

  1. Studying statistical data to create an analysis.
  2. Creating estimates of probability and likely costs for a given event such as death, natural disaster, or sickness.
  3. Calculating how insurance policies for different types of coverage are likely to pay out.
  4. Generating charts and presenting them at meetings along with explaining the information.
  5. Analyzing reports to determine the next steps for the company or client.

 

Requirement and skills:

  1. Actuaries need to be analytical problem solvers as their tasks include examining complex data and identifying patterns and trends to determine which factors are responsible for specific outcomes.
  2. After evaluating and weighing the significance of these factors, actuaries look for ways to minimize the likelihood of undesirable outcomes or the cost of the realization of an undesirable outcome.
  3. Actuaries deal with numbers, so being able to do basic arithmetic quickly and correctly is a definite requirement.
  4. However, the math associated with actuarial science can be more complicated. Knowledge of calculus, statistics, and probability is also essential since actuaries quantify risk and determine the probable likelihood of certain events.
  5. Computers and a variety of statistical modeling software are the tools of the actuary trade.
  6. Actuaries frequently use models and tables to evaluate large amounts of data.
  7. Not only are basic computer skills and knowledge of Microsoft Office essential but being able to program in a statistical programming language is also a necessity
  8. Actuaries should have a solid understanding of business and finance.
  9. This includes topics related to finance, accounting, and economics.
  10. An excellent business sense is crucial for successful actuaries.
  11. Actuaries must be able to communicate effectively in writing and speech.
  12. Understanding topics such as law and government is also beneficial.
  13. An education that includes the humanities, especially English, can enhance their ability to convey complex information.

 

...