APPROXIMATE ANNUAL SALARY -
PAY GRADE: 41
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.
Incumbents function as first-line supervisors who train, supervise and evaluate the performance of assigned staff; assign and review work; and initiate disciplinary action.
This position is located within the Division of Insurance, Life and Health Section, in Carson City, Nevada. The key duties include serving as a point of contact for the Division on a variety of matters related to Life and Health Insurance including form filings, health care reform activities, and work collaboratively and communicate effectively with peers, co-workers, management, staff from various state agencies, members of the public, public officials and vendors. Please attach any insurance-related credentials and designations with your on-line application if applicable. This position has a travel requirement of up to 15%.
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 three 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 three 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 II in Nevada State service; OR an equivalent combination of experience and education as described above.
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.
A State of Nevada/FBI background check will be required of the selected applicant.
This position has a 25% travel requirement.
Requires a valid driver's license or evidence of equivalent mobility at the time of appointment and for continuing employment.
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.
The following additional questions are part of this Recruitment
1) Do you have experience in health rating analysis or rating reviews of health products? Please explain when and where you obtained this experience and be sure to include it on your application in the employment history section.