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Actuarial Assistant Job Description

Job Brief

The Actuarial Assistant plays a crucial role in supporting actuaries by compiling and computing data using statistical formulas for analytical studies. This entry-level position requires proficiency in actuarial computations, data analysis, and the creation of visual representations such as charts and graphs. Ideal candidates possess strong analytical skills, attention to detail, and a foundational understanding of actuarial principles and statistical methodologies.

Responsibilities

  • Compile and analyze data sets to assist in actuarial studies and reports.
  • Perform actuarial computations and calculations as directed by senior actuaries.
  • Create and maintain charts, graphs, and other visual aids to present statistical findings.
  • Utilize statistical software and tools to process data efficiently.
  • Collaborate with actuaries to ensure accuracy in data interpretation and reporting.
  • Document methodologies and processes used in data analysis for future reference.
  • Stay updated on industry trends and best practices in actuarial science.

Requirements

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
  • Basic knowledge of actuarial principles and statistical analysis methods.
  • Proficiency in data analysis software and statistical tools (e.g., Excel, R, SAS).
  • Strong analytical and problem-solving skills with a high attention to detail.
  • Effective communication skills, both written and verbal.
  • Ability to work collaboratively in a team-oriented environment.
  • Prior experience in a data analysis or actuarial support role is a plus.

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