ACTUARIAL ANALYST

Equal Opportunity Employer The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation. It is an objective of the State of California to achieve a drug‑free workplace. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants. Position Details Job Code # : JC-520701 Position # : 413-353-5552-005 Working Title : Actuarial Analyst Classification : ACTUARIAL ANALYST Salary Range (A) : $5,051.00 – $6,018.00 Salary Range (B) : $6,054.00 – $8,290.00 Salary Range (C) : $6,934.00 – $9,107.00 # of Positions : 1 Work Location : Los Angeles County Telework : Hybrid Job Type : Permanent, Full Time Department Information The CDI is the consumer protection agency for the nation's largest insurance marketplace and safeguards all of the state's consumers by fairly regulating the insurance industry. With annual direct premiums of $340 billion, California is the largest insurance market in the United States and the fourth largest insurance market in the world. Nearly 1,400 dedicated employees work at CDI to oversee more than 1,400 insurance companies and license more than 425,000 agents, brokers, adjusters, and business entities. Office Financial Surveillance Branch Office of Principle Based Reserving Department Website: Job Description and Duties Do you enjoy working in a fast‑paced, remote-centered environment with variety in your work? The California Department of Insurance (CDI) is seeking a dynamic Actuarial Analyst who is familiar with actuarial and statistical modeling methods for the Financial Surveillance Branch. Under direction of the Chief Systems Actuary (CSA), the Actuarial Analyst is responsible for reviewing companies' Principle Based Reserving (PBR) documentation to ensure it reflects PBR standards and appropriate assumptions and methods. The incumbent evaluates life insurance company deterministic reserve and stochastic reserve techniques based on PBR methodology. This position is designated under the Conflict of Interest Code. The position is responsible for making or participating in governmental decisions that may potentially have a material effect on personal financial interests. The appointee is required to complete Statement of Economic Interests (Form700) within 30 days of appointment, annual filings, and a Leaving Office filing within 30 days of physical separation. Non‑compliance with the Conflict of Interest Code requirements may result in voiding of the appointment, financial penalties, or enforcement actions. Effective July1,2025, the California Department of Human Resources (CalHR) implemented the Personal Leave Program (PLP) 2025 and related Pay Differential 386. PLP2025 requires employees to receive a reduction in pay in exchange for monthly hours of PLP2025 leave credits. The salary range(s) included on this job posting do not reflect the reduction in pay. For more information, visit the CalHR website Qualifications Exam list eligibility - Refer to exam link below Transfer eligibility, if applicable, for current/former civil service employees Degree and/or School Transcripts Resume Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting. #J-18808-Ljbffr