Actuarial analyst vs product development actuary

Differences between actuarial analyst and product development actuary duties and responsibilities

Actuarial analyst example responsibilities.

• Lead an experience study on morbidity assumptions to more accurately identify LTC rider risks.
• Lead actuarial intern on automating internal reports, help intern write SQL queries and VBA macros.
• Develop SAS programs to automate analysis correcting extant errors resulting from arduous manual processes.
• Evaluate capitation agreements between provider groups and manage care plans, including commercial and Medicare populations.
• Analyze GAAP financial statements including fair value assessment, shadow adjustments, embed derivatives and unlocking.
• Integrate rating factors and other data used for GLM motor pricing model by SAS, SQL.
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Product development actuary example responsibilities.

• Manage design control including FMEA risk analysis, surgeon clinical input documentation, design verification and validation activities.
• Generate nutrition information and ingredient statements for each product, according to FDA and international labeling regulations.
• Design and develop aircraft seal devices through engineering analysis, prototyping, risk assessment and appropriate qualification testing with customer expectation.
• Manage the design, implementation and oversight of all insurance and reinsurancepricing functions and processes for corporation.