ACTUARY - 43001023

State of Florida

1d•$150,000•Remote

About The Position

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 careers, as well as a wide variety of top insurance–related courses and professional certifications to ensure that its staff have 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, including health, dental, and vision insurance; retirement plans; flexible spending accounts; health savings accounts; and 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://www.myfrs.com/ContactUs.htm

Requirements

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.
Ability to travel on a limited basis.
A bachelor's degree from an accredited college or university with a major in mathematics, statistics, business, finance, or insurance.
Five years of professional actuarial experience.

Nice To Haves

Preference will be given to candidates with Workers’ Compensation experience.

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.
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.