Remote Actuary / Actuarial

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 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.

Job Description and Duties
Under direction of the Chief Systems Actuary, 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 and requires completion of Statement of Economic Interests and related filings.

Special Requirements

Exam list eligibility - refer to exam link below

Transfer eligibility, if applicable, for current/former civil service employees

Degree and/or school transcripts

Resume

#J-18808-Ljbffr California Department of Insurance