Insurance Actuarial Analyst 3
Insurance Actuarial Analyst 3
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Application Procedures:
When completing the different sections of this application be sure to clearly describe how you meet the minimum qualifications outlined in this job posting. We cannot give you credit for your Work Experience and Education & Certifications if you do not provide that information in your online application. Information in attached resumes or cover letters must be entered into your application in the appropriate Work Experience or Education & Certification sections to be considered.
Status of Posted Positions:
You can check the status of your application online by signing into your profile. Jobs you applied for will be listed. The application status is shown to the right of the position title and application submission details. Questions about the position not pertaining to your application status can be directed to: Kim Lowry @.
Applicants must be currently authorized to work in the United States on a fulltime basis.
Reasonable Accommodation:
ODI does not discriminate on the basis of disability in its hiring or employment practices and complies with the ADA employment regulations. Applicants with questions about access or requiring a reasonable accommodation for any part of the application or hiring process should contact the agency Human Resource Offices ADA Coordinator Andrew Skal by emailing or calling. Otherwise you will be given specific instructions on requesting an accommodation if you are invited to participate in a structured interview.
Background Check Information:
The final candidate selected for this position will be required to undergo a criminal background check state income tax check and drug test.An applicant with a positive test result will not be offered employment.
The State of Ohio is a drugfree workplace which prohibits the use of (recreational /nonmedical cannabis). Please note this position may be subject to additional restrictions pursuant to the State of Ohio DrugFree Workplace Policy (HR39 and as outlined in the posting.
About Us:
The Ohio Department of Insurance (ODI) was established in 1872 as an agency charged with overseeing insurance regulations enforcing statutes mandating consumer protections educating consumers and fostering the stability of insurance markets in Ohio.
Today the mission of the Ohio Department of Insurance is to provide consumer protection through education and fair but vigilant regulation while promoting a stable and competitive environment for insurers.
Please visit our websiteDepartment of Insuranceand also find us onLinkedIn.
Completion of undergraduate core program in mathematics; completion of 3 CAS examinations for positions in Property & Casualty Division or 3 SOA examinations for positions in Life & Health Division or Managed Care Division or 3 CAS or 3 SOA examinations for positions in Financial Regulation Division; 4 yrs. exp. in actuarial field pertinent to assigned division (i.e. for positions in Managed Care Division exp. must be in managed care field; for positions in Property & Casualty Division exp. must be in property & casualty field; for positions in Life & Health Division exp. must be in life & health field; for positions in Financial Regulation Division exp. may be of any type); 24 mos. exp. in operation of personal computer.
Job Skills: Insurance
Ohio is a Disability Inclusion State and strives to be a model employer of individuals with disabilities. The State of Ohio is committed to providing access and inclusion and reasonable accommodation in its services activities programs and employment opportunities in accordance with the Americans with Disabilities Act (ADA) and other applicable laws.
What Youll Do:
Your Key Responsibilities include but are not limited to the following:
Analyzing complex Property and Casualty Insurance rate filings for reasonableness of rate structure and determine if rates are adequate not excessive nor unfairly discriminatory according to sound actuarial principles while ensuring compliance of rates with applicable state and federal laws and policies;
Notifying insurance companies of compliance issues with their rates providing necessary information to the filers and approving rates for use in Ohio;
Researching and understanding relevant compliance requirements;
Creating and maintaining compliance review tools and providing analysis of data; and
Provide direction training and peer reviews of work completed by lower level insurance actuarial analysts.
Whats in it for you:
Unless required by legislation or union contract the final candidate can expect to be paid at the lowest step in the pay range (step 1.As an Insurance Actuarial Analyst 3 you will receive a raise after six 6 months and yearly step increases until you reach the top level of the pay range. There may also be possible cost of living adjustments (COLA and longevity supplements begin after five 5 years of state service.
At the State of Ohio we take care of the team that cares for Ohioans. We provide a variety of quality competitive benefits to eligible fulltime and parttime employees. For a list of all the State of Ohio Benefits visit ourTotal Rewards website!
At the State of Ohio we take care of the team that cares for Ohioans. We provide a variety of quality competitive benefits to eligible fulltime and parttime employees*. For a list of all the State of Ohio Benefits visit ourTotal Rewards website! Our benefits package includes:
- Medical Coverage
- Free Dental Vision and Basic Life Insurance premiums after completion of eligibility period
- Paid time off including vacation personal sick leave and 11 paid holidays per year
- Childbirth Adoption and Foster Care leave
- Education and Development Opportunities (Employee Development Funds Public Service Loan Forgiveness and more)
- Public Retirement Systems such as OPERS STRS SERS and HPRS&Optional Deferred Compensation Ohio Deferred Compensation
*Benefits eligibility is dependent on a number of factors. The Agency Contact listed above will be able to provide specific benefits information for this position.
Required Experience:
IC
Employment Type
Full-Time
