What are the responsibilities and job description for the Life and Health Insurance Actuary 1 position at Commonwealth of PA?
This is a career opportunity for a positive and productive individual who enjoys analyzing predictive models while performing actuarial, mathematical and financial calculations. The Insurance Department is seeking a Life and Health Insurance Actuary 1 to join their Life, Accident & Health Bureau. The chosen candidate would be mentored by experienced staff. Take advantage of this opportunity and apply today!
As a Life and Health Insurance Actuary 1 responsibilities would include the review of filings from the Insurance Industry to determine if rates and rules are compliant with established regulations and laws. In addition, you would ensure each filing was actuarially supportive. This position is encouraged to participate in drafting new regulations, serve on various product line specific committees and work with our Legal Staff on innovative products. Our ideal candidate will be highly motivated, highly organized and possess a strong work ethic. Also, strong verbal and written communication as well as problem solving skills are a must. Join the Insurance Department and experience the satisfaction of public service and consumer protection, while enjoying a comfortable work environment and opportunity for professional growth and development. Work will primarily be performed in the Harrisburg office, however some travel may be required.
Interested in learning more? Additional details regarding this position can be found in the position description.
Work Schedule and Additional Information:
Full-time employment.- Work hours are 7:30 am to 4:00 pm, Monday - Friday, with 60-minute lunch.
- Telework: You may have the opportunity to work from home (telework) full-time. In order to telework, you must have a securely configured high-speed internet connection. If you are unable to telework, you will have the option to report to the headquarters office in Harrisburg, Pennsylvania.
- Salary: In some cases, the starting salary may be non-negotiable.
- You will receive further communication regarding this position via email. Check your email, including spam/junk folders, for these notices.
QUALIFICATIONS
Minimum Experience and Training Requirements:
- Successful completion of four parts of the Society of Actuaries actuarial examination program, or three years of actuarial experience in life and/or accident and health insurance; and a bachelor's degree with major course work in mathematics or statistics; or
- Any equivalent combination of experience and training.
- PA residency requirement is currently waived for this title.
- You must be able to perform essential job functions.
- Resumes, cover letters, and similar documents will not be reviewed, and the information contained therein will not be considered for the purposes of determining your eligibility for the position. Information to support your eligibility for the position must be provided on the application (i.e., relevant, detailed experience/education).
- If you are claiming education in your answers to the supplemental application questions, you must attach a copy of your college transcripts for your claim to be accepted toward meeting the minimum requirements. Unofficial transcripts are acceptable.
- Your application must be submitted by the posting closing date. Late applications and other required materials will not be accepted.
- Failure to comply with the above application requirements will eliminate you from consideration for this position.
- 711 (hearing and speech disabilities or other individuals).
The Commonwealth is an equal employment opportunity employer and is committed to a diverse workforce. The Commonwealth values inclusion as we seek to recruit, develop, and retain the most qualified people to serve the citizens of Pennsylvania. The Commonwealth does not discriminate on the basis of race, color, religious creed, ancestry, union membership, age, gender, sexual orientation, gender identity or expression, national origin, AIDS or HIV status, disability, or any other categories protected by applicable federal or state law. All diverse candidates are encouraged to apply.
- Completing the application, including all supplemental questions, serves as your exam for this position. No additional exam is required at a test center (also referred to as a written exam).
- Your score is based on the detailed information you provide on your application and in response to the supplemental questions.
- Your score is valid for this specific posting only.
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You must provide complete and accurate information or:
- your score may be lower than deserved.
- you may be disqualified.
- You may only apply/test once for this posting.
- Your results will be provided via email.
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Health & Wellness
We offer multiple health plans so our employees can choose what works best for themselves and their families. Our comprehensive benefits package includes health coverage, vision, dental, and wellness programs.*
Compensation & Financial Planning
We invest in our employees by providing competitive wages and encouraging financial wellness by offering multiple ways to save money and ensure peace of mind including multiple retirement and investment plan options.
Work/Life Balance
We know there’s more to life than just work! Our generous paid leave benefits include paid vacation, paid sick leave, six weeks of paid parental leave, military leave, and paid time off for most major U.S. holidays, as well as flexible work schedules and work-from-home opportunities.*
Values and Culture
We believe in the work we do and provide continual opportunities for our employees to grow and contribute to the greater good. As one of the largest employers in the state, we provide opportunities for internal mobility, professional development, and the opportunity to give back by participating in workplace charitable giving.
Employee Perks
Sometimes, it is the little “extras” that make a big difference. Our employees receive special employee-only discounts and rates on a variety of services and memberships.
For more information on all of these Total Rewards benefits, please visit www.employment.pa.gov and click on the benefits box.
- Eligibility rules apply.
Salary : $70,651 - $107,306