State of Nebraska
Chief Actuary
State of Nebraska, Lincoln, Nebraska, United States, 68511
The work we do matters!
Hiring Agency:
Insurance - Agency 22
Location:
Lincoln, NE
Hiring Rate:
$60,100
Job Posting:
JR2024-00007684 Chief Actuary (Open)
Applications No Longer Accepted On:
(If no date is displayed, job is posted as open until closed)
Job Description:
The Chief Actuary will participate in, and oversee, a team of actuaries that perform actuarial analysis and examination work to ensure regulatory compliance with Nebraska State Statutes related to life, health, property, and title insurance companies.
Job duties:
Determines adequate insurance reserves as specified by law.
Effective in making professional conclusions regarding the statutory compliance of a company’s reserves and reserving practices.
Inspect reserves of all domestic insurance companies to assure soundness and adequacy and compliance with statutory minimums.
Performs reviews of company’s annual actuarial opinions and memorandums.
Participate on committees or task forces of National Association of Insurance Commissioners (NAIC) as requested.
Assist with reinsurance reviews of arrangements for reserve offsets and financial trend analysis from statistical data.
Review reinsurance related to risk transfer and transfer of in-force blocks of business.
Assist the field exam team in the completion of the phases of quadrennial examinations, including preparation of any related finding and recommendations.
Performs related work as required.
Requirements/Qualifications:
Minimum Qualifications:
Bachelor's Degree from an accredited college or university in an actuarial science or related field and five years' experience in actuarial work in either an insurance company, another state insurance department, or office of a consulting actuary. A designation of no less than an ASA from the Actuarial Society of America is required.
Preferred Qualifications:
Insurance rating, underwriting and claims; working knowledge of Microsoft Excel, Word, and Outlook; Analytical mindset; Organized; Detail-oriented; Self-starter and ability to work independently with support; Effective leadership skills.
Ability to:
Analyze financial data, company operations and preparation of reports; Effectively communicate, both orally and written, to present comments, opinions and factual information clearly, concisely and comprehensively.
Other:
In-state and out-of-state travel is required. Regular and reliable attendance is required. Driving is required, a valid driver license will be needed.
SALARY:
The salary range for this position is $125,000-$175,000, based on experience.
Please send resume and transcripts directly to
Jacque.Bauer@nebraska.gov
as well as applying for position via this post. Please include job title and requisition number in the subject line.
Knowledge, Skills and Abilities:
Knowledge of: Actuarial science, accounting, reinsurance and investments; Nebraska States Statutes and Department of Insurance Rules and Regulations; NAIC guidelines for examination; Insurance rating, underwriting and claims; working knowledge of Microsoft Excel, Word, and Outlook; Analytical mindset; Organized; Detail-oriented; Self-starter and ability to work independently with support; Effective leadership skills.
Ability to: Analyze financial data, company operations and preparation of reports; Effectively communicate, both orally and written, to present comments, opinions and factual information clearly, concisely and comprehensively.
Benefits:
13 paid holidays
Vacation and sick leave that begin accruing immediately
Military leave
156% (that's not a typo!) state-matched retirement
Tuition reimbursement
Employee assistance program
79% employer paid health insurance plans
Dental and vision insurance plans
Employer-paid $20,000 life insurance policy
Public Service Loan Forgiveness Program (PSLF) through the Federal government
Wide variety and availability of career advancement as the largest and most diverse employer in the State
Opportunity to be part of meaningful work and make a difference through public service
Training and Development based on your career aspirations
Fun, inviting teammates
A safe and secure environment
At the State, we stand by our core values of treating others with dignity and respect, acting ethically in all situations, and creating an environment where our customer is our top priority. Apply to join our team today!
Equal Opportunity Statement:
The State of Nebraska values our teammates as well as a supportive environment that strives to promote diversity, inclusion, and belonging. We recruit, hire, train, and promote in all job classifications and at all levels without regard to race, color, religion, sex, age, national origin, disability, marital status or genetics.
Current employees of the State of Nebraska should NOT apply on this external career. Instead go to Workday and access the Jobs Hub - Internal Apply app from your home landing page.
Instructions for Applying:
The employment application is required and is the primary source of information used to determine if you meet the minimum requirements of the job.
Make sure your application is complete. Incomplete applications are rejected.
You will not be allowed to change your application after you have applied for a position and you cannot re-apply for the same position unless it is posted again.
You have the opportunity to attach a resume; however, it should not be used to replace any information asked for on the official application.
When you have successfully applied for a job, you will receive a confirmation on the screen and your application will be available on your Candidate Home page.
Applicants who need accommodation in the selection process should request this in advance. Requests can be made by contacting the Nebraska State Personnel Office 1526 K Street, Suite 100, Lincoln, NE. (402)471-2075.
These positions are subject to application of Veterans' Preference.
#J-18808-Ljbffr
Hiring Agency:
Insurance - Agency 22
Location:
Lincoln, NE
Hiring Rate:
$60,100
Job Posting:
JR2024-00007684 Chief Actuary (Open)
Applications No Longer Accepted On:
(If no date is displayed, job is posted as open until closed)
Job Description:
The Chief Actuary will participate in, and oversee, a team of actuaries that perform actuarial analysis and examination work to ensure regulatory compliance with Nebraska State Statutes related to life, health, property, and title insurance companies.
Job duties:
Determines adequate insurance reserves as specified by law.
Effective in making professional conclusions regarding the statutory compliance of a company’s reserves and reserving practices.
Inspect reserves of all domestic insurance companies to assure soundness and adequacy and compliance with statutory minimums.
Performs reviews of company’s annual actuarial opinions and memorandums.
Participate on committees or task forces of National Association of Insurance Commissioners (NAIC) as requested.
Assist with reinsurance reviews of arrangements for reserve offsets and financial trend analysis from statistical data.
Review reinsurance related to risk transfer and transfer of in-force blocks of business.
Assist the field exam team in the completion of the phases of quadrennial examinations, including preparation of any related finding and recommendations.
Performs related work as required.
Requirements/Qualifications:
Minimum Qualifications:
Bachelor's Degree from an accredited college or university in an actuarial science or related field and five years' experience in actuarial work in either an insurance company, another state insurance department, or office of a consulting actuary. A designation of no less than an ASA from the Actuarial Society of America is required.
Preferred Qualifications:
Insurance rating, underwriting and claims; working knowledge of Microsoft Excel, Word, and Outlook; Analytical mindset; Organized; Detail-oriented; Self-starter and ability to work independently with support; Effective leadership skills.
Ability to:
Analyze financial data, company operations and preparation of reports; Effectively communicate, both orally and written, to present comments, opinions and factual information clearly, concisely and comprehensively.
Other:
In-state and out-of-state travel is required. Regular and reliable attendance is required. Driving is required, a valid driver license will be needed.
SALARY:
The salary range for this position is $125,000-$175,000, based on experience.
Please send resume and transcripts directly to
Jacque.Bauer@nebraska.gov
as well as applying for position via this post. Please include job title and requisition number in the subject line.
Knowledge, Skills and Abilities:
Knowledge of: Actuarial science, accounting, reinsurance and investments; Nebraska States Statutes and Department of Insurance Rules and Regulations; NAIC guidelines for examination; Insurance rating, underwriting and claims; working knowledge of Microsoft Excel, Word, and Outlook; Analytical mindset; Organized; Detail-oriented; Self-starter and ability to work independently with support; Effective leadership skills.
Ability to: Analyze financial data, company operations and preparation of reports; Effectively communicate, both orally and written, to present comments, opinions and factual information clearly, concisely and comprehensively.
Benefits:
13 paid holidays
Vacation and sick leave that begin accruing immediately
Military leave
156% (that's not a typo!) state-matched retirement
Tuition reimbursement
Employee assistance program
79% employer paid health insurance plans
Dental and vision insurance plans
Employer-paid $20,000 life insurance policy
Public Service Loan Forgiveness Program (PSLF) through the Federal government
Wide variety and availability of career advancement as the largest and most diverse employer in the State
Opportunity to be part of meaningful work and make a difference through public service
Training and Development based on your career aspirations
Fun, inviting teammates
A safe and secure environment
At the State, we stand by our core values of treating others with dignity and respect, acting ethically in all situations, and creating an environment where our customer is our top priority. Apply to join our team today!
Equal Opportunity Statement:
The State of Nebraska values our teammates as well as a supportive environment that strives to promote diversity, inclusion, and belonging. We recruit, hire, train, and promote in all job classifications and at all levels without regard to race, color, religion, sex, age, national origin, disability, marital status or genetics.
Current employees of the State of Nebraska should NOT apply on this external career. Instead go to Workday and access the Jobs Hub - Internal Apply app from your home landing page.
Instructions for Applying:
The employment application is required and is the primary source of information used to determine if you meet the minimum requirements of the job.
Make sure your application is complete. Incomplete applications are rejected.
You will not be allowed to change your application after you have applied for a position and you cannot re-apply for the same position unless it is posted again.
You have the opportunity to attach a resume; however, it should not be used to replace any information asked for on the official application.
When you have successfully applied for a job, you will receive a confirmation on the screen and your application will be available on your Candidate Home page.
Applicants who need accommodation in the selection process should request this in advance. Requests can be made by contacting the Nebraska State Personnel Office 1526 K Street, Suite 100, Lincoln, NE. (402)471-2075.
These positions are subject to application of Veterans' Preference.
#J-18808-Ljbffr