ACTUARY - 43001136

Date:  Feb 8, 2024
Location: 

TALLAHASSEE, FL, US, 32399


The State Personnel System is an E-Verify employer. For more information click on our E-Verify Website.

Requisition No: 820024 

Agency: Office of Insurance Regulation

Working Title: ACTUARY - 43001136

 Pay Plan: SES

Position Number: 43001136 

Salary:  150,000.00 

Posting Closing Date: 02/29/2024 

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

OFFICE OF INSURANCE REGULATION
BUREAU: PROPERTY & CASUALTY PRODUCT REVIEW

CITY: TALLAHASSEE 

COUNTY: LEON

 

The 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 career and offers a wide variety of top insurance – related courses and professional certifications to ensure that its staff has 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 such as health insurance, dental insurance, vision insurance, retirement plans, flexible spending accounts, health savings accounts, and much more. OIR also offers annual and sick leave, a generous holiday schedule, and flexible work schedules.

 

Click the links below to see the many benefits and retirement options you have as a State of Florida employee.

https://www.mybenefits.myflorida.com/

https://myfrs.com/ContactUs.htm

 

 

Brief Description of Duties and Responsibilities:

 

 

Perform complex actuarial calculations to determine whether property and casualty rate filings are in compliance with state insurance laws and to determine if rate filings are excessive, inadequate or unfairly discriminatory. Make recommendations to the Bureau Chief and/or Senior Management for action on the disposition of the filings.

 

Responsible for the reporting, analyzing, and interpreting of statutorily required data and statistics of assigned filings and actuarial reports.

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Serve as actuarial consultant regarding legislative issues, including the review of proposed legislation and determining impact of legislative changes as well as suggesting recommendations for revisions of statutes or administrative rules.

 

Direct, conduct and supervise insurance- or data-related studies or projects per the Insurance Commissioner, Legislature, media and public requests.

 

Respond to requests from the Insurance Commissioner, Legislature, media, public records requests, consumers, other State and Federal agencies, NAIC and other professional agencies regarding insurance rates or rating practices. 

 

Assist management in the development of strategic plans and goals.  Consult with all areas of the Office with issues or questions concerning actuarial matters and function as a business expert for the Office in industry operations and assist in the development of model position papers which may be supported or supplemented by actuarial science or analysis.

 

Perform other related duties as assigned by the Bureau Chief, Senior Management, or their designees.

 

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

Must be a member of the Casualty Actuarial Society; or in accordance with Florida Statute 624.307(6), must be an enrolled actuary.  Must be in good standing of the Casualty Actuarial Society holding the designation ACAS or FCAS. (FCAS preferred).  Ability to travel on a limited basis.

 

SPECIAL NOTES

The starting annual salary for this position is $150,000.00.

 

This position is eligible for remote work. 

 

Employees of the Office of Insurance Regulation are paid on a monthly pay cycle. 

 

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

 

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.

 

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.


Nearest Major Market: Tallahassee