Actuary vs product development actuary

Differences between actuary and product development actuary duties and responsibilities

Actuary example responsibilities.

• Support the development and implementation of manually-rate renewal strategies, lead by a season FSA.
• Manage the design, implementation and oversight of all insurance and reinsurancepricing functions and processes for corporation.
• Complete several health and group annuities projects.
• Administer payroll, conduct accounts reconciliations, and track all A/R and A/P.
• Update duration calculation formula to deliver more reasonable behavior of A/E ratio in Alteryx.
• Extract and analyze data by state using SAS in order to analyze and project Medicaid costs.
Show more

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.