Actuarial Analyst - The Florida Office of Insurance Regulation (OIR) strives to promote a stable and competitive insurance market for consumers. With a workforce of approximately 274 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.Brief Description of Duties and Responsibilities:Assist supervising actuary in the preparation of recommendations based on actuarial analysis of rate and rate-related findings.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 are not 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 for use in analyzing rate filings.Maintain all manuals databases, and logs related to assigned rate filings.Recommend changes needed to improve reliability and/or availability of data.Perform other related duties as assigned by supervising actuary, the Division Director, his/her designee, or upper management.Minimum Qualifications for this position include the following REQUIRED ENTRY LEVEL KNOWLEDGE, SKILLS, AND ABILITIES:Knowledge of insurance, probability, and statistics.Knowledge of ratemaking principles.Ability to use Excel, Microsoft WORD, or 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 logical format.Ability to write reports.Ability to maintain effective working relationships with others.Skill in use of personal computer/Windows and Internet navigation.The annual salary for this position is $53,000.04.
Employees of the Office of Insurance Regulation are paid on a monthly pay cycle. This is a non-remote on-site position located in Tallahassee, FL.
ACTUARIAL ANALYST - 43000657 in tallahassee at Unknown Company
This position is listed as full time and able to be worked remotely.