Based in the UK, First Actuarial provides full actuarial consultancy across defined benefit and defined contribution pension schemes for employers and trustees. Companies operating in the global insurance sector are responsible for providing risk management through insurance contracts. Canada’s largest insurance company, this multinational insurance firm specialises in the provision of health, life and travel insurance across Canada, the US and Asia. Actuarial Employers Acumen Resources 2019-07-18T08:54:41+01:00 The Directors and Actuaries at Acumen Resources have over 30 years Financial Services and recruitment experience and as such have an in-depth understanding of the needs of our clients because we have practical experience of the industry, legislation, the sectors, the different companies and the roles. One of the top actuarial firms in the world, formed through the merger of the full-service actuarial firm Towers Watson and the Willis Group in 2016. With approximately 2,711,000 civilian employees, the US Federal Government is the largest employer in the world. Operating on a global scale and serving around 33 million customers, Aviva is the UK’s largest provider of general insurances and the second-largest in Canada. This is largely a community driven project, with data Note: clustering is off when single employer is displayed on map. Officially known as the National Mutual Insurance Federation of Agricultural Cooperatives, Zenkyoren specialises in liability, property and life insurance services for Japanese farmers. Founded in 1967, this is a specialist provider of actuarial consultancy services for life insurance companies across the US. Insurance firms can work across multiple areas including life, health, property, casualty and general insurances for both individuals and businesses. View qualifications, responsibilities, compensation details and more! Below is a list of the world’s top companies operating in these areas, subcategorised by insurance and actuarial, listed alphabetically. The Department of Defense is the executive branch of the US federal government with the mandate to coordinate and supervise all the functions and government agencies concerned with matters of national security and the Armed Forces. Founded in Seattle in 1947, we currently have 48 offices in key locations worldwide. UK’s ten largest actuarial and pension consulting firms brought in a combined revenue of almost £2 billion last year. However, even new actuaries earn high wages. Specialist reinsurance company founded in 1863, operating in over 25 countries across Europe, the US, Africa, Asia and the Middle East. UK professional services company offering actuarial services to the global insurance sector, with 500 offices worldwide. Milliman is one of the largest pure play actuarial consulting firms and the largest private actuarial consulting firm in the world. Holding company providing various insurances including vehicle, travel, home, medical, accident and life insurance products, also the largest casualty and property insurer in Japan. Headquartered in the Netherlands, KPMG is a multinational professional services firm offering actuarial services across general and life insurances, healthcare, employee benefits and pensions. XPS Pensions Group. US-based holding company with multiple subsidiaries providing group protection, annuities, retirement plans and life insurance products and services. Actuaries are employed by a variety of companies including consulting firms, insurers and financial institutions. Founded in 2005 with offices in London, Birmingham, Edinburgh and Glasgow, offering actuarial services across benefits, pensions, insurances and investments. American insurance company specialising in the provision of annuities and life insurance products, one of the largest insurance firms operating in its region. Actuarial Science has a rich history and this video looks at 10 Actuaries who have impacted the world. Independent firm and specialist provider of actuarial consulting for long-term savings institutions and pension funds, based in London. These rankings focus on independent accountants who audit an insurer's annual financial statements and on third-party actuaries who provide an annual statutory actuarial opinion regarding an insurer's policy and claim reserves. Headquartered in New York, Voya Financial is focused on employee benefit products and services including accident, critical illness, disability income and hospital confinement indemnity cover. Actuarial science degrees and postgraduate qualifications can exempt you from some of the professional qualification examinations that you do on the job (see below). Largest Employers Careers - Employment Actuarial Outpost > Actuarial Discussion Forum > Careers - Employment: Largest Employers User Name: Remember Me? It is one of the largest insurance companies in the world operating in this niche. Use the controls below to filter the employers shown on the map. A multipurpose insurance company offering vehicle, travel, transport, income, fire and liability insurances to both groups and individuals across the Netherlands. Methodology To determine the list, Statista surveyed 50,000 Americans working for businesses with at least 1,000 employees. If you want to maximize your earnings from your first actuary job, make studying a priority. You probably realize that you can’t expect to earn $100,000 a year right off the bat. A multinational firm providing health, business, property, landlord and travel insurances to Western Europe, North America, the Middle East and Asia-Pacific. Patti Ewen, SVP of HR at Chubb-Canada, says, “You’re able to attract top talent. A multinational company headquartered in the Netherlands, providing pensions and life insurance products to approximately 29 million customers worldwide. Formed in 1956 through the merger of over 240 individual companies, this state-owned group is India’s largest insurance company, specialising in health and life insurances. Employment opportunities are many and varied. This is a list of United States–based companies having the most employees globally. Despite mounting pressure from regulators, Willis Towers Watson, Mercer and Aon Hewitt remained the UK’s largest nationwide actuarial and pension consultancies. deselect all they currently staff 1 or more credentialed actuaries from one or more of the following actuarial organizations: IFoA, CIA, SOA, CAS, they hire credentialed actuaries on a regular basis, their actuaries perform work of an actuarial nature, or work that requires their actuarial training, they have at least one commerical office that is not a residential address. The US Department of Defense has the largest military budget in th… The country's federal government consists of numerous agencies … You might also be interested in these other WikiJob articles: Or explore the Industry / Insurance sections. France’s leading provider of life insurance solutions, offering life, health, personal risk and pension products and services, both personal and commercial, across Europe and Latin America. 63. A multinational network of consulting, accounting and business advisory firms, providing actuarial consultancy in over 162 countries. Edit the fields below and/or add new locations. Lots of people think working at a consulting firm is "cooler" than working at an insurance company, due to the client-facing, social, and deadline-oriented nature of the work. Provider of benefits and investments actuarial consulting, serving corporations, government and public sector clients, educational institutions, and individuals across the US. One of the top actuarial firms in the world, formed through the merger of the full-service actuarial firm Towers Watson and the Willis Group in 2016. select all, *credentialed actuaries only; excludes actuarial students and support staff, By # of Locations deselect all I think life actuaries are pretty cool, maybe then health, then pension, then p&c (sorry p&c). If you are from a non-numerate degree background, you first need to find an employer willing to accept your degree. • Thi… The rankings below are the ten private-sector and semiprivate companies providing the most jobs worldwide, according to a list published in 2020 by Fortune magazine. A Japanese insurance company specialising in pension products and the provision of life insurance to customers across Japan, Indonesia, Vietnam, Thailand, India and Australia. The Tata Group of companies, which collectively employ over 720,000 people, is not listed by Fortune as a single enterprise; the companies are listed individually. It is owned and managed by about 350 partners/principals. Hi guys! Based in Montreal, Canada, PBI provides actuarial consulting and de-risking strategies in investments, benefits and pensions. Members should review their actuarial directory privacy preferences in the members area as … Others work for individual corporations or government entities as financial risk analysts, while some work independently as … Also known as Pacific Insurance, this company provides insurance products through two main subsidiaries focused on property and life insurance solutions. Largest private and semiprivate employers. While there are advantages to attending a college with an actuarial science program , you should know that you don’t have to major in actuarial science to become an actuary, nor is an advanced degree required. A global company offering individual and commercial general and life insurance products to customers in over 170 countries. Founded in 1962, this Taiwanese insurer provides health, life and annuities solutions to the Chinese market, with additional operations in Vietnam. Part of the employee-owned Segal Group, Segal Consulting specialises in health and retirement actuarial consultancy across a broad range of industries. Specialists in the provision of actuarial advice for defined benefit pension schemes and one of the UK’s largest employee benefits consultancies. Specialising in the provision of actuarial analysis for the property and casualty insurance markets across the US. American Association of Insurance Services. Germany-based firm specialising in business to business insurance and reinsurance products and services, serving retail, commercial and industrial companies on an international scale. 100. select all, By # of Actuaries*[appoximate] The UK’s largest actuarial consulting firm focused solely on pensions consultancy, formed through the acquisition of the Punter Southall Group by Xafinity in 2018. I was wondering if there is any sort of list of all actuarial employers broken down by region in the USA? UK-based employee benefits firm focused on actuarial consultancy services for trustees of defined benefit pension schemes. Founded in 1961, Humana specialises in the provision of personal and group health insurance plans to customers across the US. We have endeavoured to provide a guide to the major employers in Australia, however the following list does not include every employer. Multinational firm specialising in property and casualty insurance actuarial services, with offices in the US, UK, Germany, Israel, China and India. Founded in 1907, with headquarters in Osaka, Japan, this mutual life insurance company offers a range of policies across health, medical, education, pensions and lifetime insurances. © 2023 by Name of Site. Full service actuarial consulting firm focused solely on the provision of consultancy services to the financial and insurance sectors, with headquarters in London. A subsidiary of the Samsung Group based in South Korea, offering health and life insurances and annuities to multinational markets. The largest number of actuaries are directly employed by insurance companies. Consultancies are probably the biggest employers of actuaries in the UK. List of largest United States–based employers globally. submitted by actuaries and their employers. One of the UK’s largest actuarial consulting firms, providing fully integrated actuarial consultation for the insurance industry as well as services for trustee, public sector and private employer pension funds. Here's the idea. Finding a Job Landing Your Actuarial Dream Job. A US-based firm providing vehicle, property, health, life, liability, disability and small business insurance through multiple subsidiaries. A mutual insurance firm headquartered in Paris, providing products and services across liability, and property insurance and reinsurance. Founded in 1857 and originally known as The Pearl Loan Company, this is one of the UK’s top insurance firms. Japanese holding company providing life insurances through the three main subsidiaries of T&D Financial Life, Taiyo-Life and Daido Life. Passing actuarial exams is a great way to increase your salary quickly. An independent actuarial firm specialising in consultation across life, property and casualty insurance, as well as healthcare and employee benefits for international clients in various industry sectors. This list is my top 10. As you pass exams that are more difficult (like the fellowship exams), salary increases of $5,000 – $7,000 are common. Since actuarial science is such a specialized career path it means that if you decide not to become an actuary after all then the degree doesn’t hold the same value in other professions. Switzerland’s largest provider of life and property related insurances, also serving customers throughout Europe with headquarters in Zurich. Ask any of the employers featured in this directory and they’ll tell you that people chose the profession for the intellectual challenge, to work with inspiring people and to impact significant projects. MassMutual. Management consultancy firm with an actuarial division covering life, health, property and casualty insurance on a global scale, with offices in 27 countries. Jump to navigation Jump to search. Experience in applying optimization procedures (gradient, genetic, ant colony) to a large data set ; Experience and/or exposure to predictive modeling, clustering, etc. A multinational firm operating across the three core areas of business insurances, personal insurances, and bond and speciality insurance. Once you have decided on an actuarial career, you would look for work experience, an internship or placement or an actuarial graduate trainee role with an actuarial employer. Founded in 1987, this firm provides actuarial software solutions and consultancy to life and health insurers, reinsurers and investors across the US. This is largely a community driven project, with data submitted by actuaries and their employers. A holding corporation and one of the largest insurance companies in the world, MetLife offers several products including home, vehicle, dental, critical illness and life insurance policies on a global scale. US-based insurance firm focused on the provision of health insurance to families, individuals and employers, with headquarters in Indiana. Candidates on the Actuarial exam track, with a minimum of 4 exams passed ; Careers with Optum. They are known for their entrepreneurial spirit, and dynamic fast acting decision making. The Department of Defense is the leading and largest global employer with a total of 3.2 million employees comprising of active servicemen, national guardsmen and reservists, and civilians from the four services. 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