Actuarial Analyst

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 f amiliar with actuarial and statistical modeling methods for the Financial Surveillance Branch. If thisis you, then CDI may be the employer for you! 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 (Form 700) 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 July 1, 2025, the California Department of Human Resources (CalHR) implemented the Personal Leave Program (PLP) 2025 and related Pay Differential 386. PLP 2025 requires employees to receive a reduction in pay in exchange for monthly hours of PLP 2025 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 ( New to state service? Learn how to apply here. Please, take two minutes to check us out or provide your feedback . You will find additional information about the job in the Duty Statement . Working Conditions Eligible for telework in accordance with CDIs Telework policy. Government Code 14200 for eligible applicants must reside in California. Teleworking employees may be required to report to their headquarters office location on designated telework days. Travel expenses are not reimbursed, however other authorized transit subsidies do exist for those who qualify. Travel may be required within and/or outside the state of California, including attendance of on-site examinations and relevant actuarial conferences. Travel up to 25% may be required for the performance of this position.This travel will include overnight stay. Work in an office setting in a high-rise setting or at a home office. Minimum Requirements You will find the Minimum Requirements in the Class Specification. ACTUARIAL ANALYST Additional Documents Job Application Package Checklist Duty Statement Position Details Job Code #: JC-520701 Position #(s): 413-353-5552-005 Working Title: Actuarial Analyst Classification: ACTUARIAL ANALYST $5,051.00 - $6,018.00 A $6,054.00 - $8,290.00 B $6,934.00 - $9,107.00 C New to State candidates will be hired into the minimum salary of the classification or minimum of alternate range when applicable. # 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 entitites. FINANCIAL SURVEILLANCE BRANCH OFFICE OF PRINCIPLE BASED RESERVING Department Website: Special Requirements Please attach (upload) all the required documents to verify that you meet the minimum qualifications for this position (i.e., degree, transcript, license, certificate). If you fail to provide the required documentation, your application package will be marked as incomplete and not considered for an interview. Exam list eligibility - Refer to exam link below Transfer eligibility, if applicable, for current/former civil service employees Degree and/or School Transcripts Resume Application Instructions Completed applications and all required documents must be received or postmarked by the Final Filing Date in order to be considered. Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application. Final Filing Date: 6/30/2026 Who May Apply Individuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list or LEAP eligibility, are in the process of obtaining list eligibility, or have SROA and/or Surplus eligibility (please attach your letter, if available). SROA and Surplus candidates are given priority; therefore, individuals with other eligibility may be considered in the event no SROA or Surplus candidates apply. Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process. Applicants must meet the Minimum Qualifications stated in the Classification Specification(s). How To Apply Complete Application Packages (including your Examination/Employment Application (STD 678) and applicable or required documents) must be submitted to apply for this Job Posting. Application Packages may be submitted electronically through your CalCareer Account at When submitting your application in hard copy, a completed copy of the Application Package listing must be included. If you choose to not apply electronically, a hard copy application package may be submitted through an alternative method listed below: Address for Mailing Application Packages You may submit your application and any applicable or required documents to: Department of Insurance CDI Jobs Inquiries Attn: Classifications & Consultation Unit Human Resources Management Division 300 Capitol Mall, 13th Floor Sacramento , CA 95814 Address for Drop-Off Application Packages You may drop off your application and any applicable or required documents at: Department of Insurance CDI Jobs Inquiries Classifications & Consultation Unit Human Resources Management Division 300 Capitol Mall, 13th Floor Sacramento , CA 95814 08:00 AM - 05:00 PM Required Application Package Documents The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job: Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position. Resume is required and must be included. Degree and/or School Transcripts 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. Desirable Qualifications In addition to evaluating each candidate's relative ability, as demonstrated by quality and breadth of experience, the following factors will provide the basis for competitively evaluating each candidate: BA/BS in actuarial science, math, statistics, computer science, or other quantitative discipline At least 1 actuarial exam passed 0.5 to 3 years of work experience, preferably in an actuarial or analytical position Proficient with the Microsoft Office suite of software (Excel, Word, PowerPoint, Access) Familiar with actuarial and statistical modeling methods, as well as computer programming languages Strong analytical and communication skills; able to multi-task and work independently Willing to travel and stay overnight Benefits • Flexible work hours • Remote work options • Medical Benefits - including health, dental, and vision insurance • Employee Wellness Program • Employee Assistance Program • On the Job Training • Career Services Program • Recognition Program • Paid Holidays and leave • Defined benefit retirement program • Savings Plus Program (401 (k), 457) • Every 12 months, based on performance evaluation, employees may receive a 5% salary increase until they reach the maximum salary for the position. Benefit information can be found on the CalHR website and the CalPERS website. Contact Information The Human Resources Contact is available to answer questions regarding the position or application process. Department Website: Human Resources Contact: Classifications & Consultation Unit View phone number on click.appcast.io View email address on click.appcast.io Please direct requests for Reasonable Accommodations to the interview scheduler at the time the interview is being scheduled. You may direct any additional questions regarding Reasonable Accommodations or Equal Employment Opportunity for this position(s) to the Department's EEO Office. EEO Contact: EEO Officer View phone number on click.appcast.io View email address on click.appcast.io California Relay Service: View phone number on click.appcast.io (TTY), View phone number on click.appcast.io (Voice) TTY is a Telecommunications Device for the Deaf, and is reachable only from phones equipped with a TTY Device. Examination Information Step 1 - If you have not taken the Actuarial Analyst examination, or if your eligibility has expired, and/or you have no other type of eligibility, you MUST take the examination to be eligible for appointment. Please click the link provided below for the examination information and instructions. Actuarial Analyst: Actuarial Analyst Exam Bulletin Step 2 - Submit your application including all required documents, by using the "Apply Now" button found at the top of this bulletin. Equal Opportunity Employer The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, 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 work place. 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.