Job Description

- Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates. - Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits. - Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improving existing business. - Develop probability tables for events such as fires, natural disasters, and unemployment, based on analysis of statistical data and other pertinent information. - Design, review and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums. - Determine equitable basis for distributing surplus earnings under participating insurance and annuity contracts in mutual companies. - Determine or help determine company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, and/or the public. - Determine policy contract provisions for each type of insurance. - Explain changes in contract provisions to customers. - Manage credit and help price corporate security offerings. - Provide advice to clients on a contract basis, working as a consultant. - Provide expertise to help financial institutions manage risks and maximize returns associated with investment products or credit offerings