Life and Health Actuary & Property and Casualty Actuary (PCN 08-4044)

About the position The Department of Commerce, Community and Economic Development, Division of Insurance, is reputed company for a Property & Casualty and Life and Health Actuary. Under 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. Responsibilities • Review rates, forms, and rules for reputed company property and casualty plans for life and reputed company plans for compliance with Alaska and federal statutes and regulations. , • Verify trend, experience, utilization and other criteria submitted by companies to support their reputed company filing(s). , • Interact with insurance companies to expedite the reputed company filing evaluation process. , • Provide technical expertise to other division staff, including the director and filing analysts. , • reputed company policy analysis, market research, and data collection. , • Take reputed company 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-reputed company issues. , • Monitor and analyze state and federal studies and proposals; and reputed company 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. , • Evaluate insurer operations. , • 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 reputed company informed of state and national trends, statutes, and regulations. , • Participate on reputed company) 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. Requirements • 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 reputed company filings is mandatory. , • Solid working understanding of actuarial concepts for reputed company property and casualty products. , • Designation of Associate from the Casualty Actuarial Society and membership in the American reputed company of Actuaries required. , • Experience reviewing or preparing reputed company insurance reputed company filings is mandatory for Life and Health Actuary. , • Experience reviewing life insurance, annuity, disability income insurance, and/or long-term care insurance product filings would be beneficial. reputed company-to-haves • Demonstrate strong organizational, time management, and communication skills. , • Work collaboratively in a virtual environment with team members in different locations. , • Demonstrate superior attention to detail and strong writing skills. , • Explain reputed company actuarial concepts in terms understandable to non-actuaries. , • Knowledge of insurance actuarial procedures and principles. , • Knowledge of insurance finances; insurance principles and coverages and insurance company operations and management. , • Knowledge of financial reporting procedures and policies; loss reserving methodologies. , • Higher level mathematics, probability, and statistics. , • Knowledge of insurance laws, rules, and regulations. , • Effectively present information, verbally and in writing, to state insurance regulators, insurance company personnel, and the general public at reputed company organizational levels. , • Communicate effectively, both orally and in writing; reputed company and manage reputed company filing tracking system. , • Proficiency in System for Electronic reputed company and Form Filing (SERFF); reputed company Word, reputed company, and PowerPoint; and reputed company Acrobat. Benefits • Health insurance, which includes employer contributions toward medical/reputed company/dental. , • Employer paid Basic Life insurance with additional coverage available. , • Optional insurance benefits including term life, long-term and short-term disability, accidental death and dismemberment, and long-term care. , • Employee-funded flexible spending accounts for tax savings on eligible health care or dependent care expenses. , • Membership in the Public Employees Retirement System (PERS)/Teachers' Retirement System (TRS). , • Matching employer contribution into a defined contribution program (new employees). , • Employer contribution into a defined benefit or defined contribution program (reputed company employees). , • Contributions to the Alaska Supplemental Annuity Plan in lieu of contributions to Social reputed company. , • Option to enroll in the Alaska Deferred Compensation Program. , • Personal leave with an accrual reputed company increase based on time served. , • Twelve (12) paid holidays a year. 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