State of Alaska
Life and Health Actuary & Property and Casualty Actuary (PCN 08-4044)
State of Alaska, Juneau, Alaska, us, 99812
Life and Health Actuary & Property and Casualty Actuary (PCN 08-4044)Life and Health Actuary & Property and Casualty Actuary (PCN 08-4044)
Commerce, Community and Economic DevelopmentUnder the general direction of the Director, this position will serve as the Actuary in our Juneau office. This position will provide technical actuarial support for issues involving property and casualty insurance or life and health insurance, including the review of premium rates for use in Alaska, and financial analyses of insurer solvency and reserve adequacy.Duties of this position include but are not limited to:
Review rates, forms, and rules for all property and casualty plans for life and healthcare plans for compliance with Alaska and federal statutes and regulations.Verify trend, experience, utilization and other criteria submitted by companies to support their rate filing(s).Interact with insurance companies to expedite the rate filing evaluation process.Provide technical expertise to other division staff, including the director and filing analysts.Perform policy analysis, market research, and data collection.For the Property and Casualty Actuary position: Take lead role in formulating, drafting, implementing, and monitoring legislation and regulation on health insurance, life, annuity, disability income and long term care insurance, and other insurance-related issues.Monitor and analyze state and federal studies and proposals; and make recommendations to the director.Analyze data, preparing reports, and presenting information to a variety of audiences including members of the industry regulated by the Division of Insurance.Formulate and interpret statistical data.Provide technical support for financial examinations of companies and producers.Respond to inquiries and requests for information from division staff, the public, other state agencies, state insurance departments, and the legislature.Attend continuing education seminars; participate in webinars and conference calls to keep informed of state and national trends, statutes, and regulations.Participate on National Association of Insurance Commissioners (NAIC) task forces and working groups.Draft laws and regulations, often as the director’s designee; and prepare issue papers, actuarial guidelines, handbooks, and compliance manuals.Travel to such locations and with such frequency as the director deems necessary or desirable. Position may require overnight, out-of-town travel at least three times each year.Minimum Qualifications
Minimum Qualifications for the Property and Casualty Actuary:Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or similar degree from an accredited college or university. Five to seven years’ actuarial experience. Experience reviewing or preparing property and casualty insurance rate filings is mandatory. Incumbent should have solid working understanding of actuarial concepts for all property and casualty products.Licenses, Certificates, registrations:Designation of Associate from the Casualty Actuarial Society and membership in the American Academy of Actuaries required.Minimum Qualifications for the Life and Health Actuary:Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or similar degree from an accredited college or university. Five to seven years’ actuarial experience. Experience reviewing or preparing healthcare insurance rate filings is mandatory, and experience reviewing life insurance, annuity, disability income insurance, and/or long-term care insurance product filings would be beneficial. Solid working understanding of actuarial concepts for all life and health products, including but not limited to, pricing and valuation and non-forfeiture concepts, requirements, and actuarial standards.Licenses, Certificates, registrations:Designation of Associate from the Society of Actuaries and membership in the American Academy of Actuaries required.Contact Information
To Apply:
Interested applicants may submit their resume and cover letter to kelli.patterson@alaska.govContact Information:If you have specific questions regarding the position, please contact the hiring manager directly:Hiring manager: Kelli PattersonPhone number: (907) 465-2596Fax number: (907) 465-3422Email address: kelli.patterson@alaska.gov
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Commerce, Community and Economic DevelopmentUnder the general direction of the Director, this position will serve as the Actuary in our Juneau office. This position will provide technical actuarial support for issues involving property and casualty insurance or life and health insurance, including the review of premium rates for use in Alaska, and financial analyses of insurer solvency and reserve adequacy.Duties of this position include but are not limited to:
Review rates, forms, and rules for all property and casualty plans for life and healthcare plans for compliance with Alaska and federal statutes and regulations.Verify trend, experience, utilization and other criteria submitted by companies to support their rate filing(s).Interact with insurance companies to expedite the rate filing evaluation process.Provide technical expertise to other division staff, including the director and filing analysts.Perform policy analysis, market research, and data collection.For the Property and Casualty Actuary position: Take lead role in formulating, drafting, implementing, and monitoring legislation and regulation on health insurance, life, annuity, disability income and long term care insurance, and other insurance-related issues.Monitor and analyze state and federal studies and proposals; and make recommendations to the director.Analyze data, preparing reports, and presenting information to a variety of audiences including members of the industry regulated by the Division of Insurance.Formulate and interpret statistical data.Provide technical support for financial examinations of companies and producers.Respond to inquiries and requests for information from division staff, the public, other state agencies, state insurance departments, and the legislature.Attend continuing education seminars; participate in webinars and conference calls to keep informed of state and national trends, statutes, and regulations.Participate on National Association of Insurance Commissioners (NAIC) task forces and working groups.Draft laws and regulations, often as the director’s designee; and prepare issue papers, actuarial guidelines, handbooks, and compliance manuals.Travel to such locations and with such frequency as the director deems necessary or desirable. Position may require overnight, out-of-town travel at least three times each year.Minimum Qualifications
Minimum Qualifications for the Property and Casualty Actuary:Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or similar degree from an accredited college or university. Five to seven years’ actuarial experience. Experience reviewing or preparing property and casualty insurance rate filings is mandatory. Incumbent should have solid working understanding of actuarial concepts for all property and casualty products.Licenses, Certificates, registrations:Designation of Associate from the Casualty Actuarial Society and membership in the American Academy of Actuaries required.Minimum Qualifications for the Life and Health Actuary:Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or similar degree from an accredited college or university. Five to seven years’ actuarial experience. Experience reviewing or preparing healthcare insurance rate filings is mandatory, and experience reviewing life insurance, annuity, disability income insurance, and/or long-term care insurance product filings would be beneficial. Solid working understanding of actuarial concepts for all life and health products, including but not limited to, pricing and valuation and non-forfeiture concepts, requirements, and actuarial standards.Licenses, Certificates, registrations:Designation of Associate from the Society of Actuaries and membership in the American Academy of Actuaries required.Contact Information
To Apply:
Interested applicants may submit their resume and cover letter to kelli.patterson@alaska.govContact Information:If you have specific questions regarding the position, please contact the hiring manager directly:Hiring manager: Kelli PattersonPhone number: (907) 465-2596Fax number: (907) 465-3422Email address: kelli.patterson@alaska.gov
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