Actuarial Analyst

Requisition No: 816678
Agency: Office of Insurance Regulation
Working Title: Actuarial Analyst
Pay Plan: Career Service
Position Number: 43001180
Salary: 53,000.04
Posting Closing Date: 01/31/2024
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*****OPEN COMPETITIVE EMPLOYMENT OPPORTUNITY *****
DIVISION: OFFICE OF INSURANCE REGULATION
BUREAU: LIFE AND HEALTH FORMS AND RATES
CITY: TALLAHASSEE
COUNTY: LEON
The Florida Office of Insurance Regulation (OIR) Strives to promote a stable and competitive insurance market for consumers. With a workforce of approximately 250 staff members, OIR regulates one of the largest, most complex insurance markets in the world.
OIR offers a range of challenging and rewarding opportunities for individuals looking to grow in their career and offers a wide variety of top insurance - related courses and professional certifications to ensure that its staff has the industry knowledge needed to succeed. OIR employees also have access to the State of Florida's tuition waiver program, which offers educational assistance to full time, salaried employees.
As a State Agency, OIR offers excellent benefits such as health insurance, dental insurance, vision insurance, retirement plans, flexible spending accounts, health savings accounts, and much more. OIR also offers annual and sick leave, a generous holiday schedule, and flexible work schedules.
Click the links below to see the many benefits and retirement options you have as a State of Florida employee.
https://www.mybenefits.myflorida.com/
https://myfrs.com/ContactUs.htm
Brief Description of Duties and Responsibilities:
Perform independent complex actuarial calculations related to the review and analysis of Office regulated entities filings. Exercise discretion and judgement to determine compliance with state laws and whether the requests received are reasonable and adequate.
Assembles, reviews and analyzes data submitted using computer applications to perform actuarial work.
Responds to ad hoc requests from management.
Assists in the development and implementation of new policies and procedures.
Represents the Office by participating in conference calls and meetings with other state regulators and industry representatives to discuss compliance requirements, develop standards, and address concerns.
Performs other related work as required.
Minimum Qualifications for this position include the following REQUIRED ENTRY LEVEL KNOWLEDGE, SKILLS, AND ABILITIES:

• Knowledge of methods of compiling, organizing, and analyzing data.
• Knowledge of actuarial practices and procedures.
• Ability to use computer applications to perform actuarial work.
• Ability to communicate effectively verbally and in writing.
• Ability to establish and maintain effective working relationships with others.

Other KSAs:

• Ability to work independently and organize time effectively.
• Ability to solve problems and make decisions.

SPECIAL NOTES:
This position requires a security background check, including fingerprint as a condition of employment.
This position requires a Bachelor's degree or higher from an accredited college or university with a major in mathematics, statistics, insurance or related field.
This is a non-remote on-site position located in Tallahassee, FL.
A work sample will be given to all qualified candidates.
The appointment salary is $53,000.04
Preference will be given to applicants with completion of one (1) actuarial exam with passing score.
Additional preferences:

• Experience with Microsoft Excel.
• Professional experience in compiling and analyzing actuarial or statistical data.

Employees of the Department of Financial Services are paid on a monthly pay cycle. Responses to qualifying questions must be clearly supported by the state application and any omission, falsification or misrepresentation in the answering of the qualifying questions will be cause for immediate elimination from the selection process.
If you are a retiree of the Florida Retirement System (FRS), please check with the FRS on how your current benefits will be affected if you are re-employed with the State of Florida. Your current retirement benefits may be canceled, suspended, or deemed ineligible depending upon the date of your retirement.
The State of Florida is an Equal Opportunity Employer/Affirmative Action Employer, and does not tolerate discrimination or violence in the workplace.
Candidates requiring a reasonable accommodation, as defined by the Americans with Disabilities Act, must notify the agency hiring authority and/or People First Service Center (1-866-663-4735). Notification to the hiring authority must be made in advance to allow sufficient time to provide the accommodation.
The State of Florida supports a Drug-Free workplace. All employees are subject to reasonable suspicion drug testing in accordance with Section 112.0455, F.S., Drug-Free Workplace Act.
VETERANS' PREFERENCE. Pursuant to Chapter 295, Florida Statutes, candidates eligible for Veterans' Preference will receive preference in employment for Career Service vacancies and are encouraged to apply. Certain service members may be eligible to receive waivers for postsecondary educational requirements. Candidates claiming Veterans' Preference must attach supporting documentation with each submission that includes character of service (for example, DD Form 214 Member Copy #4) along with any other documentation as required by Rule 55A-7, Florida Administrative Code. Veterans' Preference documentation requirements are available by clicking here. All documentation is due by the close of the vacancy announcement.