In-House Corporate Actuaries Arkansas

Large corporations will sometimes hire their own actuaries instead of bringing on consultants. In many cases, their roles are restricted to managing internal pension funds, benefits and insurance plans. Actuaries are also sometimes enlisted to help with financial reporting and other accounting issues, though only on the most complex issues -- they're generally too expensive and too skilled to be relegated to simple bookkeeping.

Local Companies

Quality Life Associates
479.571.4455
2619 N. Quality Lane, Suite 325
Fayetteville, AR
Express Personnel Services
(479) 452-6400
1217 S Waldron Rd Ste H
Fort Smith, AR
Staffmark
(501) 279-7000
403 S Poplar St Ste G
Searcy, AR
Penmac Personnel Services
(479) 478-9106
1115 S Waldron Rd Ste 201
Fort Smith, AR
Employer's Staffing of America
(870) 863-8606
400 Griffith St
El Dorado, AR
Arkansas Workforce Center At Lonoke
(501) 676-2721
115 Jefferson St
Lonoke, AR
Firststaff
(501) 219-9898
10301 N Rodney Parham Rd
Little Rock, AR
Manpower
(501) 225-0044
10809 Executive Center Dr
Little Rock, AR
Labor Ready
(501) 562-6111
1400 S University Ave
Little Rock, AR
Arkansas Workforce Centers
(870) 735-6730
260 Shoppingway Blvd
West Memphis, AR

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Large corporations will sometimes hire their own actuaries instead of bringing on consultants. In many cases, their roles are restricted to managing internal pension funds, benefits and insurance plans. Actuaries are also sometimes enlisted to help with financial reporting and other accounting issues, though only on the most complex issues -- they're generally too expensive and too skilled to be relegated to simple bookkeeping.

Due to the requirements of Sarbanes-Oxley, the corporate governance act of 2002, more and more companies are employing "risk officers" to help mitigate exposure to the law's often complex requirements. This is a relatively new field for actuaries, but a bunch have studied the legal and financial aspects of the law and are now helping companies with exposure to Sarbanes-Oxley pitfalls.


In a handful of companies, this movement has grown into entire risk departments, with a chief risk officer heading things up at the executive level. Regulatory and financial risk are combined into a whole, with the CRO heading up efforts to vet the companies wide-ranging activities through the prism of risk. Most risk departments remain as part of the office of the chief financial officer or general counsel, but a few CROs are on par with CFOs and the company's top lawyers. These new risk offices study anything and everything, from the various risk profiles of potential factory sites to the company's potential acquisition of a rival. As these efforts grow, actuaries have the opportunity to play some of their most active roles ever in the corporate world.

It's worth noting that these positions are still somewhat rare, and that changes to Sarbanes-Oxley could prompt businesses to change their internal risk management departments. That could change the way some businesses approach risk. However, most actuaries believe that once their worth is proven, they'll continue to take a more active role in corporate operations.


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Featured Local Company

Quality Life Associates

479.571.4455
2619 N. Quality Lane, Suite 325
Fayetteville, AR

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