Actuaries in Battle Creek, Michigan
Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.
Career Projections for Battle Creek, Michigan
Actuaries on average make:
$114,400 ($55.00/hour).
The number of positions in Battle Creek, Michigan are:
5
and by 2029 that number is projected to:
stay the same.
We predict that due to job growth or retirements there will be approximately:
0 every year.
The typical education needed to enter this job is:
a bachelor’s degree.
The typical training needed after hire is:
apprenticeship.
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Other Job Titles
Actuarial Analyst, Actuarial Associate, Actuarial Consultant, Actuarial Mathematician, Actuarial Specialist, Actuary, Consulting Actuary, Corporate Actuary, Enrolled Actuary, Forecast Analyst
Technology/Skills
Microsoft Excel, Microsoft Office software, Microsoft PowerPoint, Microsoft Visual Basic for Applications VBA, Python, R, SAS, Structured query language SQL, Tableau
Tools Used
10-key calculators, Desktop computers, Notebook computers, Personal computers
Tasks
- Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
- Analyze statistical information to estimate mortality, accident, sickness, disability, and retirement rates.
- Design, review, and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.
- Collaborate with programmers, underwriters, accounts, claims experts, and senior management to help companies develop plans for new lines of business or improvements to existing business.
- Determine, or help determine, company policy, and explain complex technical matters to company executives, government officials, shareholders, policyholders, or the public.
Personality
Analytical Thinking, Attention to Detail, Integrity, Dependability, Achievement/Effort, Initiative, Persistence, Adaptability/Flexibility, Cooperation, Independence
Certifications, Licenses, or Training
Certifications (CareerOneStop) Certifications (MyNextMove) Licenses Training
More Details About this Occupation
Helpful Resources
CareerOneStop
CareerOneStop is sponsored by the U.S. Department of Labor, Employment, and Training Administration. It’s a one-stop shop for career exploration, training, and jobs. There is also a Skills Matcher available.
PathFinder
An online career planning tool to help Michigan residents get high-quality, in-demand degrees, and credentials.
MyFuture
Helps young adults plan their next steps in life by bringing together the most recently available information about colleges, careers, and military service opportunities.
Creative Ladder
Creative Ladder is a 501(c)(3) nonprofit that works to make creative careers more accessible and inclusive.