APPROXIMATE ANNUAL SALARY -
$52,742.88 to
$78,613.20
PAY GRADE: 37
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.
JOB INFORMATION
Work Type: Permanent, full time vacancies as they may occur
in this geographical location.
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.
Incumbents perform in a trainee capacity and acquire the knowledge, skills and abilities required in this occupation. OR Incumbents perform basic tasks or elements of the job not requiring the additional knowledge, skills and abilities to perform at the next level in the series.
The advertised Insurance Actuarial Analyst I position under fills an Insurance Actuarial Analyst II and may be automatically progressed, upon the supervisor's approval, when the minimum qualifications of the higher level have been met. This position is located in Carson City, NV and works within the Department of Business & Industry/Division of Insurance/Life and Health Section. The incumbent reviews rate and form filings for life and health insurers in Nevada. These reviews include making determinations on whether or not rate proposals are adequate, excessive or unfairly discriminatory. This position also conducts actuarial and statistical studies, analyzes legislation, drafts regulations and represents the Division at hearings, responds to requests from the Governor, Legislators, consumers, insurance industry representatives and other interested parties. Additionally, this position participates in market conduct examinations of insurance companies.
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 with major work in actuarial science, mathematics, statistics, accounting, economics, or insurance and one year of experience which included the preparation, analysis, application and review of rates and rating plans; 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.
Special Requirements
A pre-employment criminal history check and fingerprinting are required. Persons offered employment in this position will be required to pay for these items.
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.
