Associate ActuaryAny Pinnacle Office or Remote - Bloomington, IL 61704Salary Range $115,000.00 - $150,000.00 Salary/year Position Type Full TimeSummaryReporting to a consulting actuary, senior consulting actuary or director and consulting actuary, the associate actuary works under the direction of a supervisor, project manager or account executive to create and deliver solutions for clients, identifying options with recommendations and providing additional resources. The associate actuary is responsible for ensuring that best practices are adhered to within the practice area, identifying deficiencies in procedures or systems, correcting as appropriate and referring to a supervisor, project manager or account executive where necessary. The associate actuary will complete and communicate complex technical results of the actuarial analyses of a given problem into the format, language, and context appropriate for the decision-makers and other audiences for whom the results are relevant.The requirements listed are representative of the knowledge, skill, and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Essential Functions and ResponsibilitiesTo perform this job successfully, an individual must be able to accomplish each essential function satisfactorily.Participate in the delivery of actuarial consulting projects Organize and input data accurately into actuarial models; modify existing and create new actuarial models and/or create new code for unique data processing or changing predictive modeling assumptions demonstrating innovation and process improvement with minimum direction from a project manager or account executiveComplete technical review of data input into actuarial models; review actuarial models and/or data processing and predictive modeling code for technical accuracyRecommend initial judgmental selections when appropriate in actuarial modelsFormat work correctly and professionally; ensure that work product is complete, correct and logicalCollaborate with consultants to complete assigned tasksPrepare client ready exhibits and participate in client visits and calls as directedEffectively communicate with project teams and manage projects to ensure that projects are on time and meet Pinnacle standards for excellenceProvide guidance and direction for other employees in the application of actuarial techniques and methodsCommunicate clearly with coworkers and supervisors regarding day-to-day projects; effectively communicating while mentoring othersSuggest improvements to accuracy, efficiency, and/or quality of Pinnacle processes or work products to supervisorLead and present at in-person internal meetingsAssist with training and development of staffAuthor blog postsComply with the Casualty Actuarial Society's (CAS) Code of Professional ConductSustain progress toward the completion of the actuarial exams as defined in the Pinnacle Exam PolicyVolunteer with the CAS and/or other relevant professional societyMaintain CAS or AAA Continuing Education RequirementsEnter time and expenses accurately and timelyHandle and process confidential information with complete discretionFile projects and materials according to Pinnacle's internal filing systemRegular, predictable and punctual attendance in a Pinnacle office when not working off-siteSupervisory ResponsibilitiesThis position may have supervisor responsibility including career development, coaching and mentoring direct reports.QualificationsCompetenciesAnalytical and mathematical proficiencyAdvanced knowledge of actuarial techniquesApply actuarial techniques appropriatelyAttention to detail and commitment to taskProject coordination and organizational abilityManage multiple projects and deadlinesExpert knowledge of Microsoft Office software and additional software as neededStrong verbal and written communications skillsPresentation experienceAbility to extract relevant information from proposalsEducation and/or ExperienceMinimum Bachelor of Arts or Bachelor of Science degree from an accredited college or university; a degree in actuarial science, mathematics, statistics or other related degree preferredAdvanced level mathematical, statistical and actuarial methods in the performance of actuarial functionsCredentialed as an ACASMinimum three years of actuarial experienceThe base salary range for this position is $115,500 to $150,000. This position is also eligible for an annual performance bonus. The salary for this position is based on multiple factors, including but not limited to, the candidate's experience, education and skills.Pinnacle provides a comprehensive benefit package including 401k with company match and profit sharing; exceptional medical, dental and vision insurance; paid vacation, sick time, parental leave, holidays, summer days and community service time; life insurance, disability insurance and wellness benefits.