Actuary, Regulatory Insurance Risk & Modeling (Raleigh)

Company Description The North Carolina Department of Insurance (NCDOI) regulates the insurance industry, licenses professionals, and educates consumers on various insurance products. The Department ensures rigorous standards for companies and agents before they receive licensing to operate in the state. NCDOI also oversees bail bondsmen, motor clubs, and collection agencies, protects citizens from fraud, and provides safety education on topics like fire protection and natural disaster preparation. Housing the Office of State Fire Marshal, the Department also manages insurance coverage for state-owned properties and offers Medicare and Medicaid assistance through its Seniors’ Health Insurance Information Program. NCDOI is committed to providing high-quality services to all North Carolinians. Role Description This is a full-time on-site Actuary role located in Raleigh, NC. The Actuary will analyze financial risks and develop predictive models using statistical data to inform decision-making within the insurance industry. Day-to-day responsibilities include performing quantitative analyses, interpreting statistical data, contributing to regulatory compliance efforts, and providing insights to support policymaking and risk management. The Actuary will collaborate across departments to ensure accuracy and adherence to state insurance standards. Qualifications Considerable level of professional knowledge in Property & Casualty and keeps up with current developments and trends. Actively pursuing or have obtained credentials with the Casualty Actuarial Society (CAS) and the American Academy of Actuaries (AAA).Must have passed at least 4 CAS exams. Considerable knowledge of North Carolina laws and regulations as they relate to actuarial practice. Considerable knowledge of agency policies and practices in regard to issues arising in rate revision negotiations or rate hearings. Ability to effectively communicate complex information verbally and in writing; keeps coworkers and managers informed of project progress. Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or related field Professional actuarial certification or progress towards accreditation is preferred #J-18808-Ljbffr North Carolina Department of Insurance