Our Actuarial Manager job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Actuarial Manager role
Actuarial Managers are responsible for overseeing the financial planning, analysis, and risk management of an organization. They analyze data, identify risks, and develop strategies to mitigate those risks. They also manage a team of actuaries and provide guidance on investment, pension, and insurance decisions. They must have excellent quantitative, analytical, and problem-solving skills, as well as strong communication and leadership abilities.
Role Purpose
The Actuarial Manager is responsible for managing the day-to-day actuarial operations of an organization. This includes developing and maintaining actuarial models, developing and implementing strategies for mitigating risk, analyzing data to identify trends, and providing actuarial advice to senior management. The Actuarial Manager is also responsible for overseeing the development of reports and analyses for the purpose of informing decision making.
Actuarial Manager Summary
The Actuarial Manager leads a team of actuarial professionals responsible for providing high-quality actuarial services and developing innovative solutions to support the organization's financial objectives. The Manager is responsible for overseeing the development and delivery of actuarial studies and reports, and supporting the organization's short- and long-term financial strategies. The Manager will collaborate with senior stakeholders and other teams to ensure accuracy and consistency across all actuarial projects. The successful candidate will have strong technical, analytical, and communication skills, and a passion for developing creative solutions.
Actuarial Manager Duties
- Develop and manage actuarial models and analyses
- Analyze and report on financial and other data
- Provide guidance and support in actuarial matters
- Conduct research and make recommendations on actuarial issues
- Manage and coordinate actuarial projects
- Maintain actuarial databases and files
- Communicate with colleagues and management
Actuarial Manager Skills
- Analytical and problem solving skills
- Knowledge of actuarial science
- Knowledge of mathematical and statistical modeling
- Strong communication and interpersonal skills
- Ability to identify and solve complex problems
- Strong understanding of risk management
Actuarial Manager Requirements
- Bachelor's Degree in Actuarial Science, Mathematics, Statistics or a related field
- Strong knowledge of actuarial principles, theories and practices
- Advanced mathematical and statistical analysis skills
- Excellent analytical and problem-solving skills
- Strong communication, interpersonal and organizational skills
- Proficiency in using actuarial software
- Ability to work independently and collaboratively
Personal Traits
- Strong analytical and problem-solving skills
- Attention to detail
- Excellent communication and interpersonal skills
- Ability to meet deadlines