Columbus - WC Actuarial Assistant 1 -PN:: 20067644

State of Ohio • Columbus, OH

8h • Onsite

About The Position

The Workers' Compensation Agency is hiring an Actuarial Assistant 1 in Columbus, Ohio. The role supports actuarial reserving analysis, projections of unpaid losses and liabilities, and special studies related to rates and statutory changes. The position prepares and verifies data, analyzes calculation results, investigates significant changes or outliers, and communicates findings to internal and external stakeholders. It also produces summaries and reports using Microsoft Office applications and other business software.

This is a permanent, full-time classified position represented by OCSEA. The listed work hours are 8:00 a.m. to 4:00 p.m.; BWC's core operating hours are Monday through Friday, 8:00 a.m. to 5:00 p.m. Daily start and end times may vary with operational needs. Flex-time schedules may allow starts between 7:00 a.m. and 8:30 a.m., subject to operational need and supervisor approval. Most positions perform work onsite at a BWC office. The position may require travel, and the employee must provide their own transportation and/or be able to legally operate a state-owned vehicle.

The State of Ohio requires applicants to submit an online Ohio Civil Service Application. Before an offer, the finalist must authorize and undergo a criminal background check. Educational achievements considered during screening require at least an unofficial transcript showing completed coursework. The posting lists compensation of $31.47 to $46.08 per hour, with new state employees generally starting at step 1. Step increases and possible cost-of-living adjustments and longevity supplements are described in the posting.

Requirements

• Two years of relevant actuarial work experience in the actuarial profession or in an analytically focused field within the insurance industry, such as predictive modeling, predictive analytics, or data science, and one actuarial exam recognized by the CAS or SOA; or completion of an undergraduate core program in a quantitative field of study and one CAS- or SOA-recognized actuarial exam; or an equivalent combination meeting the stated minimum class qualifications.
• Knowledge of agency, division, and department policies and standard operating procedures; basic mathematical, statistical, and actuarial terminology and concepts; and BWC, state, and/or federal statutes, rules, regulations, policies, and procedures governing actuarial activities.
• Skill using a personal computer and applicable business software, including Microsoft Word, intermediate-level Excel, and basic database querying tools; and knowledge of BWC-specific programs, applications, and database structures.
• Ability to define problems, collect data, establish facts, and draw valid conclusions; prepare meaningful, concise, and accurate technical reports; explain technical ideas verbally so the intended audience understands; and establish and maintain effective working relationships.
• For education achievements to be considered during screening, submit at least an unofficial transcript detailing completed coursework.
• Submit an Ohio Civil Service Application through the online Ohio Hiring Management System.
• If selected as the final applicant, sign a background-check authorization form and undergo a criminal background check.
• Be able to provide own transportation and/or legally operate a state-owned vehicle if travel is required.

Responsibilities

• Prepare and verify the reasonableness of data used in reserving analyses or special studies.
• Use collected data to prepare preliminary estimates of ultimate costs and unpaid liabilities.
• Analyze data, support projections of unpaid losses, conduct special data collections, and perform studies of potential effects on rates or future liabilities resulting from statutory changes.
• Review calculation results to identify significant changes or differences and conduct preliminary research into the underlying causes of outliers.
• Share results with internal and/or external stakeholders.
• Produce summary materials and reports for internal and external customers using Microsoft Excel, Access, PowerPoint, and Word.

Benefits

• Medical coverage
• Free dental, vision, and basic life insurance premiums after completion of the eligibility period
• Paid time off, including vacation, personal leave, sick leave, and 11 paid holidays per year
• Childbirth, adoption, and foster care leave
• Education and development opportunities, including Employee Development Funds and Public Service Loan Forgiveness
• Public retirement systems, including OPERS, STRS, SERS, and HPRS
• Optional deferred compensation through Ohio Deferred Compensation

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed