Insurance Actuary
Overview
The Department of Financial Regulation is seeking an experienced actuary interested in the opportunity to work on a wide range of issues including actuarial analysis of property and casualty rate and form filings; financial and market conduct examination and analysis, research, statistical analysis and reporting on insurance companies and insurance markets; and technical analysis and advice to the Insurance Division. This individual will help facilitate achievement of the Insurance Division's statutory mission to ensure reasonable and orderly competition in Vermont's insurance markets and protection and education of Vermont's insurance consumers. Duties are performed with significant independence under the general direction of the Director of Insurance Regulation. Opportunities for hybrid remote work are available, with office hours in Montpelier. Out-of-state travel is required and work outside normal hours may be needed occasionally. Private means of transportation must be available for travel. Who May Apply This position, Insurance Actuary (Job Requisition #52274), is open to all State employees and external applicants. If you would like more information about this position, please contact [email protected]. Resumes will not be accepted via e-mail. You must apply online to be considered. Please note that multiple positions in the same work location may be filled from this job posting. Environmental Factors Duties are performed in a standard office setting in Vermont. Out-of-state travel is required and work outside normal hours may be needed occasionally. Private means of transportation must be available for travel. There is significant interaction with the personnel of insurance companies, insurance trade organizations, consumers, other state departments, legislators, and regulators from other states, sometimes in adversarial situations.
Minimum Qualifications
Associate or Fellow in the Casualty Actuarial Society AND four (4) years or more of actuarial experience as an actuary with an insurance company, an insurance regulatory agency, or in a consulting actuary's office performing property and casualty actuarial insurance work including form review, rate filings, company financials, and/or predictive modeling.
Preferred Qualifications
Bachelor's degree or higher in actuarial science, mathematics, statistics, or related field. Total Compensation As a State employee you are offered a great career opportunity, but it's more than a paycheck. The State's total compensation package features an outstanding set of employee benefits that are worth about 30% of your total compensation, including: 80% State paid medical premium Dental Plan at no cost for employees and their families Flexible Spending healthcare and childcare reimbursement accounts Two ways to save for your retirement: A State defined benefit pension plan and a deferred compensation 457(b) plan Work/Life balance: 11 paid holidays each year and a generous leave plan; many jobs also allow for a flexible schedule Low cost group life insurance Tuition Reimbursement Incentive-based Wellness Program Qualified Employer for Public Service Student Loan Forgiveness Program Want the specifics? Explore the Benefits of State Employment on our website. Equal Opportunity Employer The State of Vermont celebrates diversity, and is committed to providing an environment of mutual respect and meaningful inclusion that represents a variety of backgrounds, perspectives, and skills. The State does not discriminate in employment on the basis of race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, membership in an employee organization, family medical history or genetic information, or family or parental status. The States employment decisions are merit-based. Retaliatory adverse employment actions by the State are forbidden. Apply Job!