Actuarial Analyst 1

DESCRIPTIONThis recruitment will remain open until September 12, 2024. The agency reserves the right to make a hiring decision at any time after the initial screening date on August 26, 2024. It is in the applicant’s best interest to submit materials as soon as possible.OIC CAREER OPPORTUNITYThe Office of the Insurance Commissioner’s (OIC) Health and Life Actuarial Services is seeking a motivated and qualified individual to fill an Actuarial Analyst 1 position. This position is assigned to the Rates, Forms, and Provider Networks Division, located in our Tumwater office.The Actuary Analyst 1 reviews and acts on basic health and disability insurance rate filings and assists with the review of Affordable Care Act (ACA) binder filings under close supervision.DUTIESThe duties of the position include, but are not limited to:Reviewing basic actuarial calculations submitted by health insurance carriers.Evaluating reasonableness of health carrier data and actuarial methods.Ensuring compliance with applicable statutes and regulations.Handling all filings in accordance with established OIC and SERFF procedures.Reviewing the rate portion of the binder filing.Assist rate and form analysts with problems and questions related to binder filings.QUALIFICATIONSBachelor’s degree in actuarial science, mathematics, statistics, engineering, physical science, economics, or equivalent field from an accredited institution whose accreditation is recognized by the U.S. Department of Education or the Council of Higher Education Accreditation or a foreign equivalent. Relevant professional experience may substitute for the educational requirement on a year-for-year basis.ANDSuccessful completion of one Society of Actuaries (SOA) examination.In addition to the above qualifications:Intermediate level Microsoft Excel skills.Basic level Microsoft Word and Outlook skills.How to Apply : Applications for this recruitment will be accepted electronically. Please select the large green "apply" button at the top of this announcement. If you have not done so previously, you will need to set up an account profile.Please provide three (3) professional references on your application. A professional reference is defined as an individual who has been paid to supervise your work and can attest to your work performance, technical skills, and job competencies.Contact us : For inquiries about this position, please contact Treese Beckett at

recruitment@oic.wa.gov .

#J-18808-Ljbffr