ACTUARY - 43000945

Requisition No: 241062 

Agency: Financial Services

Working Title: ACTUARY - 43000945

Position Number: 43000945 

Salary:  Anticipated base salary for this position is $110,000.00. 

Posting Closing Date: 10/28/2020 

*****OPEN COMPETITIVE EMPLOYMENT OPPORTUNITY*****

DIVISION: OFFICE OF INSURANCE REGULATION

BUREAU: LIFE AND HEALTH FORMS AND RATES

CITY: TALLAHASSEE

COUNTY: LEON

SPECIAL NOTES:

A bachelor’s degree or higher from an accredited college or university with a major in mathematics, statistics, insurance or related field OR five (5) or more years of professional actuarial experience is required.

Additional requirements:

• Minimum of three (3) years responsible experience in either insurance company health pricing or regulatory review and compliance.
• Member of the Society of Actuaries.
• Minimum ASA designation with current continuing education requirements being maintained.

Experience with program languages (i.e.: SAS, Python) is preferred.

Anticipated base salary for this position is $110,000.00.

This position requires a security background check, including fingerprinting, as a condition of employment.

Employees of the Department of Financial Services are paid based on a monthly pay cycle.

Responses to qualifying questions must be clearly supported by the state application and any omission, falsification or misrepresentation in the answering of the qualifying questions will be cause for immediate elimination from the selection process.

Minimum Qualifications for this position include the following REQUIRED ENTRY LEVEL KNOWLEDGE, SKILLS AND ABILITIES:

• Minimum three-year responsible experience in either insurance company health pricing or regulatory review and compliance.
• Minimum ASA designation with current continuing education requirements being maintained.

Other KSA’s

• Ability to plan, organize and coordinate work activities.
• Ability to communicate effectively verbally and in writing.
• Ability to establish and maintain effective working relationships with others.

BRIEF DESCRIPTION OF DUTIES AND RESPONSIBILITIES:

• Perform independent complex actuarial calculations related to the review and analysis of Office regulated entities filings.  Exercise discretion and judgement to determine compliance with state laws and whether the requests received are reasonable and adequate.
• Takes independent action on the disposition of flings, enforce compliance with applicable statutes and rules based on findings and examination of documents and data provided. Makes recommendations for filing disposition.
• Assists in training office staff on actuarial techniques and other insurance & Office practices.
• Oversees and assists in the development and implementation of new policies and procedures.
• Responds to requests from management, legislature, media, public records, consumers, other State and Federal agencies, NAIC, and other professional agencies regarding insurance and actuarial practices.
• Consults with other Office personnel regarding various actuarial and insurance matters and assists in the development of position papers.
• Provides input into statutory and regulatory changes as needed/requested. 
• Represents the Office by participating in conference calls and meetings with other state regulators and industry representatives to discuss compliance requirements, develop standards and address concerns.
• Perform other related work as required.

If you are a retiree of the Florida Retirement System (FRS), please check with the FRS on how your current benefits will be affected if you are re-employed with the State of Florida. Your current retirement benefits may be canceled, suspended or deemed ineligible depending upon the date of your retirement. 

The State of Florida is an Equal Opportunity Employer/Affirmative Action Employer, and does not tolerate discrimination or violence in the workplace.

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 (1-866-663-4735). 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.