Insurance Actuarial Analyst 3

Ohio Department of Administrative Services
Columbus, OH
Category Insurance
Job Description
Role Overview

The Ohio Department of Insurance is seeking an Insurance Actuarial Analyst 3 to analyze complex Property and Casualty Insurance rate filings, determine if rates are adequate, and ensure compliance with state and federal laws and policies. The successful candidate will provide direction, training, and peer reviews of work completed by lower-level insurance actuarial analysts.

What You Will Do

Key responsibilities include analyzing complex rate filings, notifying insurance companies of compliance issues, researching and understanding compliance requirements, creating and maintaining compliance review tools, and providing analysis of data.

Why It Might Be a Fit

The successful candidate will receive a raise after six months and yearly step increases until reaching the top level of the pay range. The position also offers a variety of quality, competitive benefits, including medical coverage, paid time off, and education and development opportunities.

Requirements

  • completion of undergraduate core program in mathematics
  • completion of 3 CAS examinations for positions in Property & Casualty Division or 3 SOA examinations for positions in Life & Health Division or Managed Care Division or 3 CAS or 3 SOA examinations for positions in Financial Regulation Division
  • 4 yrs. exp. in actuarial field pertinent to assigned division
  • 24 mos. exp. in operation of personal computer

Benefits

  • Medical Coverage
  • Free Dental, Vision and Basic Life Insurance premiums after completion of eligibility period
  • Paid time off, including vacation, personal, sick leave and 11 paid holidays per year
  • Childbirth, Adoption, and Foster Care leave
  • Education and Development Opportunities (Employee Development Funds, Public Service Loan Forgiveness, and more)
  • Public Retirement Systems (such as OPERS, STRS, SERS, and HPRS) & Optional Deferred Compensation (Ohio Deferred Compensation)
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