Remote Actuary / Actuarial

Actuarial Analyst - 43001226The Florida Office of Insurance Regulation (OIR) strives to promote a stable and competitive insurance market for consumers. With a workforce of approximately 250 staff members, OIR regulates one of the largest, most complex insurance markets in the world. OIR offers a range of challenging and rewarding opportunities for individuals looking to grow in their careers, as well as a wide variety of top insurance–related courses and professional certifications to ensure that its staff have the industry knowledge needed to succeed. OIR employees also have access to the State of Florida's tuition waiver program, which offers educational assistance to full-time, salaried employees. As a State Agency, OIR offers excellent benefits, including health, dental, and vision insurance; retirement plans; flexible spending accounts; health savings accounts; and more. OIR also offers annual and sick leave, a generous holiday schedule, and flexible work schedules.Brief Description of Duties and Responsibilities: Incumbent of position is a member of DFS' Disaster Response Team and, in that capacity, may be required on short notice to perform duties and necessary attendant travel in support of disaster relief efforts. Assist 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 filing 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 for use in analyzing rate filings. Maintain all manuals, databases, and logs related to assigned rate filings. Recommend changes needed to improve reliability and/or availability of data. Perform other related duties as assigned by 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 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 use of personal computer/Windows and Internet navigation Qualified applicants will be required to take a work sample. The annual salary for this position is $53,000.04. Employees of the Office of Insurance Regulation are paid on a monthly pay cycle. This is a non-remote on-site position located in Tallahassee, FL. 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. 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. 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.