APPROXIMATE ANNUAL SALARY -
$57,503.52 to
$86,109.12
PAY GRADE: 39
For more information on benefit and retirement programs, please see the sections below.
In order to receive consideration, applicants must indicate their availability for any work type, travel, and location requirements listed.
Insurance Actuarial Analysts analyze actuarial data to either establish or review insurance rates for appropriateness and compliance with statutes and regulations; review property/casualty or life/health rate filings to determine an insurance company's financial soundness; ensure that rates are commensurate with benefits; analyze actuarial data used in insurance company annual statements; and ensure compliance with State and federal insurance laws and regulations.
THIS RECRUITMENT MAY CLOSE WITHOUT FURTHER NOTICE DEPENDING ON THE AMOUNT OF APPLICATIONS RECEIVED. APPLICANTS ARE ENCOURAGED TO APPLY AS SOON AS POSSIBLE.
The Insurance Actuarial Analyst works within the Department of Business & Industry's Insurance Division and is located in Carson City, NV. In addition to the above described duties, this position is also responsible for ensuring compliance with state and federal laws and regulations; conducting actuarial and statistical studies; providing analysis for consulting actuary's report; conducting studies that may involve research, statistical sampling project development and recommendations; analyzing premium rate requests, and other duties as required. This position requires a valid Driver's license and has a 25% travel requirement.
In order to be qualified, you must meet the following requirements:
Education and Experience (Minimum Qualifications)
Bachelor's degree from an accredited college or university in actuarial science, statistics or mathematics, accounting, economics and two years of experience in performing actuarial analysis that included interpretation and application of statutes and regulations pertaining to rate filings; resolving consumer complaints and responding to other inquiries; preparing written opinions and making presentations before a hearing body; or two years of experience in the preparation, analysis, application and review of rates and rating plans in a regulatory agency, insurance company or other rate setting organization; OR two years of experience as an Insurance Actuarial Analyst I in Nevada State service; OR an equivalent combination of experience and education as described above.
Special Notes
Passing two Actuarial examinations offered by a recognized actuarial society is considered equivalent to one year of experience.
Please attach a copy of any Actuarial examinations to your online application.
Certain insurance-related credentials and designations as identified by the hiring agency may count toward satisfying the experience requirement.
The Examination
Application Evaluation Exam
The exam will consist of an application evaluation. It is essential that applications include detailed information with time frames regarding education and experience. The most qualified applicants will be contacted by the hiring agency for interview. The hiring agency may require specific skills related testing as part of the interviewing process.