State of Florida · 1 week ago
ACTUARIAL ANALYST - 43001437
Tallahassee, FL
Full-time
Onsite
New Grad, Entry Level
$53K/yr - $53K/yrThe Florida Office of Insurance Regulation (OIR) is seeking an Actuarial Analyst to assist in the preparation of recommendations based on actuarial analysis of rate filings. The role involves performing actuarial calculations, reviewing insurance rate filings for compliance, and preparing data summaries and reports.
Government Administration
Responsibilities
Assist the supervising actuary in the preparation of recommendations based on actuarial analysis of rate and rate-related filings
Perform actuarial calculations of property and casualty rate filings to determine whether or not rates are excessive, inadequate, or unfairly discriminatory and in compliance with statutory requirements
Review property and casualty insurance rate filings to determine compliance with state insurance laws that rates not be excessive, inadequate, or unfairly discriminatory
Research, prepare, and submit data to support recommendations relative to actuarial analysis
Prepare data summaries, extracts, and analysis for reports generated by the Actuary, including written documentation as requested
Summarize, reconcile, and analyze data used in financial examinations of companies. Assist in preparing correspondence and monitoring responses
Design, collect, analyze, and review statutorily required reporting forms. Correspond with external sources to ensure compliance with legislation as interpreted by the Department. Use standard statistical formulae and analytical procedures to analyze rate filings
Maintain all manuals, databases, and logs related to assigned rate filing. Recommend changes needed to improve the reliability and/or availability of data
Perform other related duties as assigned by the supervising actuary, the Division Director, his/her designee, or upper management
Qualification
Required
Knowledge of insurance, probability, and statistics
Knowledge of ratemaking principles
Ability to use Excel, Microsoft Word, or a comparable word processing application (version in use as Department standard)
Ability to communicate effectively both verbally and in writing
Ability to organize, document, and present data in a logical format
Ability to write reports
Ability to maintain effective working relationships with others
Skill in the use of a personal computer/Windows, and Internet navigation
Benefits
Health, dental, and vision insurance
Retirement plans
Flexible spending accounts
Health savings accounts
Annual and sick leave
A generous holiday schedule
Flexible work schedules
Company
State of Florida
The State of Florida is an online telephone and email directory for state government agencies and employees in Florida.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Richard Herstein, MD, MHA, MBA
Chief Hospital Administrator (CEO) and Chief Medical Officer (CMO)
Jimmy Patronis
Chief Financial Officer
Recent News
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