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Job Title:  INSURANCE ACTUARIAL ANALYST 2

INSURANCE ACTUARIAL ANALYST 2 - 60031317
Posting Close Date:  N/A
Location: 

CARSON CITY, NEVADA, US, 89706

Requisition Id:  2921

Department: DEPARTMENT OF BUSINESS AND INDUSTRY

Division: B&I - INSURANCE DIVISION 

Business Unit: HR-INSURANCE REGULATION 

Work Type: PERMANENT 

Pay Grade: GRADE 39 

Salary Range: $61,011.36 - $91,350.00

Fulltime/Parttime: Full Time 

 

Recruiter: ROSANA WOOMER 

Phone:  775 684-0132 

Email: RWoomer@admin.nv.gov 

 

 

Position Description

 

Insurance Actuarial Analysts analyze actuarial data to either establish or review insurance rates for appropriateness and compliance with statutes and regulations; review property/casualty or life/health rate filings to determine an insurance company's financial soundness; ensure that rates are commensurate with benefits; analyze actuarial data used in insurance company annual statements; and ensure compliance with State and federal insurance laws and regulations. Incumbents possess a degree of knowledge and proficiency sufficient to perform work independently with little or no additional training.

 

This position is located in Carson City and works within the Department of Business & Industry/Division of Insurance/Property & Casualty Section. The incumbent reviews complex rate, rules and form filings for personal lines of insurance from P&C insurers in Nevada. These reviews include making determinations on whether rate proposals are adequate, excessive, or unfairly discriminatory. This position also conducts actuarial and statistical studies, analyzes legislation, drafts regulations, and represents the Division at hearings, responds to requests from the Governor, Legislators, consumers, insurance industry representatives and other interested parties. The selected candidate is required to hold and maintain a valid driver’s license associated with travel requirement.

 

To see full Class Specifications visit: http://hr.nv.gov/Resources/ClassSpecs/Class_Specifications-7_0//

 

Minimum Qualifications

  • Bachelor's degree from an accredited college or university in actuarial science, statistics or mathematics, accounting, economics and two years of experience in performing actuarial analysis that included interpretation and application of statutes and regulations pertaining to rate filings; resolving consumer complaints and responding to other inquiries; preparing written opinions and making presentations before a hearing body; or two years of experience in the preparation, analysis, application and review of rates and rating plans in a regulatory agency, insurance company or other rate setting organization; OR two years of experience as an Insurance Actuarial Analyst I in Nevada State service; OR an equivalent combination of experience and education as described above.

 

The Examination

Application Evaluation Exam

  • The exam will consist of an application and resume evaluation. It is essential that applications/resumes include detailed information with time frames regarding education and experience. The most qualified applicants will be contacted by the hiring agency for interview. The hiring agency may require specific skills related testing as part of the interviewing process.

 

Informational Notes

  • Passing two Actuarial examinations offered by a recognized actuarial society is considered equivalent to one year of experience.

Special Requirements

  • A pre-employment criminal history check and fingerprinting are required. Persons offered employment in this position will be required to pay for these items.
  • A State of Nevada/FBI background check will be required of the selected applicant.
  • A valid driver's license is required at the time of appointment and as a condition of continued employment.

 

This recruitment may close at any time based on the number of applications received.  Qualified applicants are encouraged to apply as soon as possible.

 

The State of Nevada is committed to Equal Employment Opportunity/Affirmative Action in recruitment of its employees and does not discriminate on the basis of race, color, national origin, religion or belief, age, disability, sex, sexual orientation, gender identity or expression, pregnancy, domestic partnership, genetic information (GINA), or compensation and/or wages.


Nearest Major Market: Carson City
Nearest Secondary Market: Reno