In-House Corporate Actuaries Jonesboro GA

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

Prologistics
(678) 432-1175
151 N Main St
Jonesboro, GA
Venturi Staffing Partners
(770) 961-9420
6602 Tara Blvd
Jonesboro, GA
Labor Staffing Inc
(678) 422-7196
674 Mount Zion Rd
Jonesboro, GA
Horizon Staffing
(770) 961-6032
650 Mount Zion Rd
Jonesboro, GA
Venturi Staffing Partners
(770) 961-9420
6602 Tara Blvd
Jonesboro, GA
Snelling Personnel
(912) 356-6900
7601 Waters Ave
Savannah, GA
Expert Personel Solutions Llc
(678) 594-4380
1010 Roswell St SE
Marietta, GA
Kelly Services
(678) 565-1137
887 Highway 138 W
Stockbridge, GA
Mpd Services Lld
(229) 388-9675
810 Tift Ave N
Tifton, GA
Goodwill Industries of Middle Ga
(478) 328-2931
2209 Moody Rd
Warner Robins, GA

Provided By:

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.


Visit Vault.com for more jobs and career articles

Related Articles
- Consulting Actuaries Jonesboro GA
Consulting firms are a fast-growing employer for actuaries. Whether solely dedicated to actuarial work or broader financial consultants, these firms are finding more roles for actuaries as corporate America outsources just about everything except for core operations.
- Actuaries in Government Jonesboro GA
- Actuaries in Insurance Industry Jonesboro GA
- Introduction to Actuarial Careers Jonesboro GA
- Actuaries and Actuarial Science Jonesboro GA
- Lowdown on Actuaries Jonesboro GA
- Actuarial Career Jonesboro GA
- Actuaries in Financial Services Industry Jonesboro GA
- History of Actuaries Jonesboro GA
- Lifestyle in Actuarial Careers Jonesboro GA
Related Articles
- Consulting Actuaries Jonesboro GA
Consulting firms are a fast-growing employer for actuaries. Whether solely dedicated to actuarial work or broader financial consultants, these firms are finding more roles for actuaries as corporate America outsources just about everything except for core operations.
- Actuaries in Government Jonesboro GA
- Actuaries in Insurance Industry Jonesboro GA
- Introduction to Actuarial Careers Jonesboro GA
- Actuaries and Actuarial Science Jonesboro GA
- Lowdown on Actuaries Jonesboro GA
- Actuarial Career Jonesboro GA
- Actuaries in Financial Services Industry Jonesboro GA
- History of Actuaries Jonesboro GA
- Lifestyle in Actuarial Careers Jonesboro GA

Rss   Delicious   Digg   Add To My Yahoo   Add To My Google   Bookmark   Search Plugin

Topics:
Advertising Family Home Services Real Estate Resources
Business Services Fashion Industrial Goods & Services Retail & Consumer Services
Career Financial Services Insurance Software
Cars Food & Beverage Internet Technology
Computer Hardware Franchise Legal Telecommunications
Construction Health Miscellaneous Trade Shows
Education Holidays Nightlife Travel
Entertainment Home Appliances Online Database Weddings
Environmental Home Electronics Pets World History