Senior Group Actuary jobs in United States
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Facebook · 2 hours ago

Senior Group Actuary

Facebook is seeking a Senior Advisory Actuary to oversee and enhance actuarial reporting systems. This role involves leading a team in the preparation of actuarial reports and ensuring compliance with regulatory standards.

Computer Software
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H1B Sponsor Likelynote

Responsibilities

Compiles monthly and quarterly actuarial reports
Performs profitability analysis and determination of appropriate level and rates for various lines of business
Reviews rating bureau changes, making premium comparisons with competing companies and adjusting prior company experience to reflect future contingent liabilities for the purpose of pricing a revision to an existing product or rate level
Correctly prepares and documents rate filings and other submissions to state regulatory authorities
Files rate, rule, and form revisions along with annual required filings
Completes ad hoc reporting for financial and insurance data by state insurance departments, and provides input to state insurance departments on proposed legislation
Develops actuarial computer models and technically supports the actuarial staff
Serves as a liaison to the information systems department
Accurately determines bulk loss and loss expense reserves for reported and unreported liabilities
Establishes the review of various methodologies used to promulgate these reserves as well as provide both written and oral support of carried reserves to regulators, independent actuaries and auditors, and other examiners
Recommends follow-up studies as needed
Directs, motivates, and develops other Actuarial Team members

Qualification

Actuarial principlesMathematical skillsAnalytical skillsSQL programmingCommunication skillsOrganizational skillsProblem solvingTeam developmentJudgmentLeadershipConfidentiality

Required

Bachelor's degree - Statistics/Biostatistics, Mathematics, Accounting, Finance, Economics, or other job-related field
9 years-actuarial experience
Knowledge of actuarial principles, procedures, and regulations
Strong mathematical and analytical skills
Excellent communication and organizational skills with the ability to effectively prioritize
Ability to handle confidential or sensitive information with discretion
Strong analytical, problem solving, and model development skills
Good judgment
Fellow of the Casualty Actuarial Society or the Society of Actuaries

Preferred

10 years-actuarial and information technology experience
Computer programming skills SQL

Benefits

Subsidized health plans, dental and vision coverage
401k retirement savings plan with company match
Life Insurance
Paid Time Off (PTO)
On-site cafeterias and fitness centers in major locations
Education Assistance
Service Recognition
National discounts to movies, theaters, zoos, theme parks and more

Company

Facebook

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The Facebook company is now Meta. Meta builds technologies that help people connect, find communities, and grow businesses.

H1B Sponsorship

Facebook has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2022 (942)
2021 (5811)
2020 (4476)

Funding

Current Stage
Late Stage

Leadership Team

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Arunava Chatterjee
Executive Director of Ghost Black Operations & CEO & CTO
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Shubhra Gupta
CEO
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Company data provided by crunchbase