ACTUARY - 43001435

Requisition No: 856488 

Agency: Office of Insurance Regulation

Working Title: ACTUARY - 43001435

 Pay Plan: SES

Position Number: 43001435 

Salary:  AGENCY TO UPDATE 

Posting Closing Date: 07/25/2025 

Total Compensation Estimator Tool

Brief Description of Duties and Responsibilities:

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 industry-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 all full-time, salaried employees.

As a State Agency, the OIR offers excellent benefits such as health insurance, dental insurance, vision insurance, retirement plans, flexible spending accounts, health savings accounts, and much more. The OIR also offers annual and sick leave, a generous holiday schedule, and flexible work schedules.

Clink 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

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.

Actively supervise one Senior Actuarial Analyst and two Actuarial Analyst, and the work products of such employees. Actively monitor performance of direct reports to ensure adherence to all policies and procedures which govern the work they do as well as their compliance with general Administrative Policy and Procedures of the Office and the State of Florida.

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

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.

THIS POSITION WILL BE FILLED AT THE ANNUAL SALARY OF $150,000.00.

THIS POSITION IS ELIGIBLE FOR REMOTE.

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.

VETERANS’ PREFERENCE.  Pursuant to Chapter 295, Florida Statutes, candidates eligible for Veterans’ Preference will receive preference in employment for Career Service vacancies and are encouraged to apply.  Certain service members may be eligible to receive waivers for postsecondary educational requirements.  Candidates claiming Veterans’ Preference must attach supporting documentation with each submission that includes character of service (for example, DD Form 214 Member Copy #4) along with any other documentation as required by Rule 55A-7, Florida Administrative Code.  Veterans’ Preference documentation requirements are available by clicking here.  All documentation is due by the close of the vacancy announcement. 

Employees of the Department of Financial Services are paid 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.

Does this position involve frequent traveling on the part of the employee?   Yes

If yes, please indicate the approximate percentage of time spent traveling: 1-25%

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.