Associate Insurance Rate & Form Analyst

State of Vermont • Calais, VT

26d • Onsite

About The Position

The Associate Insurance Rate & Form Analyst primarily reviews property and casualty rate and form filings. The role is suited to a detail-oriented individual with comprehensive knowledge of property and casualty coverages. Most reviews are conducted independently, with opportunities to collaborate with a larger team on issues and policy questions. At the Department of Financial Regulation, the mission is to protect Vermont consumers and ensure they purchase compliant products. The analyst is expected to manage a high filing load and meet statutory deadlines. Strong organizational skills and the ability to clearly communicate compliance issues to third-party filers and companies are integral to the position.

Work is performed primarily in an office setting. Some travel may be required, and private transportation must be provided. The role involves interaction with company personnel, attorneys, and the public; testimony at hearings may be required.

Requirements

• Four or more years of experience at or above a technical level involving insurance company, agency, or regulatory policy form analysis; insurance rate analysis; insurance statistical analysis; actuarial analysis; insurance underwriting; or comparable experience; OR a Juris Doctor (J.D.) and one year of such experience; OR one year as an Insurance Rate and Form Analyst.
• Detail-oriented, with comprehensive knowledge of property and casualty coverages.
• Organizational skills and the ability to clearly communicate compliance issues.

Responsibilities

• Review property and casualty rate and form filings.
• Manage a high volume of filings and meet statutory deadlines.
• Communicate compliance issues clearly to third-party filers and companies.
• Collaborate with the larger team to discuss issues and policy questions as they arise.
• Provide testimony at hearings when required.

Benefits

• 80% State-paid medical premium and a dental plan at no cost for employees and their families
• 12 paid holidays each year and a generous leave plan
• State-paid Family and Medical Leave Insurance (FMLI)
• State defined benefit pension plan and deferred compensation 457(b) plan
• Tuition reimbursement
• Flexible spending healthcare and childcare reimbursement accounts
• Low-cost group life insurance
• Incentive-based wellness program
• Qualified employer for Public Service Student Loan Forgiveness Program

What This Job Offers

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