ACTUARIAL ANALYST

Brief Description of Duties and Responsibilities: Assist the supervising actuary in the preparation of recommendations based on actuarial analysis of rate and rate-related filings. Perform actuarial calculations of property and casualty rate filings to determine whether or not rates are excessive, inadequate, or unfairly discriminatory and in compliance with statutory requirements. Review property and casualty insurance rate filings to determine compliance with state insurance laws that rates not be excessive, inadequate, or unfairly discriminatory. Research, prepare, and submit data to support recommendations relative to actuarial analysis. Prepare data summaries, extracts, and analysis for reports generated by the Actuary, including written documentation as requested. Summarize, reconcile, and analyze data used in financial examinations of companies. Assist in preparing correspondence and monitoring responses. Design, collect, analyze, and review statutorily required reporting forms. Correspond with external sources to ensure compliance with legislation as interpreted by the Department. Use standard statistical formulae and analytical procedures to analyze rate filings. Maintain all manuals, databases, and logs related to assigned rate filing. Recommend changes needed to improve the reliability and/or availability of data. Perform other related duties as assigned by the supervising actuary, the Division Director, his/her designee, or upper management. Minimum Qualifications for this position include the following required entry level knowledge, skills, and abilities: Knowledge of insurance, probability, and statistics. Knowledge of ratemaking principles. Ability to use Excel, Microsoft Word, or a comparable word processing application (version in use as Department standard). Ability to communicate effectively both verbally and in writing. Ability to organize, document, and present data in a logical format. Ability to write reports. Ability to maintain effective working relationships with others. Skill in the use of a personal computer/Windows, and Internet navigation. Salary: $53,000.04. Employees of the Office of Insurance Regulation are paid on a monthly pay cycle. Location: Tallahassee, FL. This is a non-remote on-site position. Veterans' Preference Pursuant to Chapter 295, Florida Statutes, candidates eligible for Veterans' Preference will receive preference in employment for Career Service vacancies and are encouraged to apply. Certain service members may be eligible to receive waivers for postsecondary educational requirements. Candidates claiming Veterans' Preference must attach supporting documentation with each submission that includes character of service (for example, DD Form 214 Member Copy #4) along with any other documentation as required by Rule 55A-7, Florida Administrative Code. Veterans' Preference documentation requirements are available by clicking here. All documentation is due by the close of the vacancy announcement. Equal Opportunity Employer / Affiliation The State of Florida is an Equal Opportunity Employer / affiliate and does not tolerate discrimination or violence in the workplace. Reasonable Accommodation Candidates requiring a reasonable accommodation, as defined by the Americans with Disabilities Act, must notify the agency hiring authority and/or People First Service Center View phone number on click.appcast.io). Notification to the hiring authority must be made in advance to allow sufficient time to provide the accommodation. Drug-Free Workplace The State of Florida supports a Drug-Free workplace. All employees are subject to reasonable suspicion drug testing in accordance with Section 112.0455, F.S., Drug-Free Workplace Act. #J-18808-Ljbffr