Actuarial Analyst (WC Underwriter) - PN: 20067653 - copy

State of Ohio; Columbus (OH); On-site; USD 40,000 - 52,000; Full time

Benefits offered by this job

Medical coverage

Paid time off

11 paid holidays per year

Education and development funds

Job summary

Ohio Bureau of Workers' Compensation (BWC) is seeking an actuarial/underwriting professional to develop and maintain statewide base rates across multiple insurance funds, using statistical concepts to support rate plans and cost-benefit evaluations.

The role involves analyzing data with tools like Data Warehouse, SAS, Tableau, and Excel, mentoring, and providing cross-functional actuarial support to employers, legislators, and stakeholders. On-site work across Ohio offices is common.

Qualifications

• > 2 yrs. trg. or 2 yrs. exp. as underwriter for insurance organization or agency comparable to Ohio Bureau of Workers' Compensation.
• -Or completion of undergraduate core coursework in business, insurance & risk management, accounting, mathematical sciences or related field of study.
• -Or equivalent of Minimum Class Qualifications for Employment noted above.

Responsibilities

• Develop and maintain statewide base rates across multiple insurance funds by applying mathematical, statistical & actuarial concepts to prepare & analyze data.

Skills

Insurance

Education

Undergraduate coursework in business/insurance/risk management

Minimum qualifications for employment

Job description

All job postings will expire at 11:59 PM Eastern Time on the application deadline.

Organization: Workers' Compensation

Work Location: 30 West Spring Street, Columbus, Ohio, 43215-2256, United States

Compensation: $28.76 -$38.01

Schedule: Permanent - Full Time

Work Hours: 8am - 4pm

Classified Indicator: Classified

Union: OCSEA

Primary Job Skill: Insurance

A Little About Us:

With roughly 1,500 employees in seven offices across Ohio, BWC is the state agency that cares for Ohio workers by promoting a culture of safety at work and at home and ensuring quality medical and pharmacy care is provided to injured workers. For Ohio employers, we provide insurance policies to cover workplace injuries and safety and wellness services to prevent injuries.

Our Culture:

BWC is a dynamic organization that offers career opportunities across many different disciplines. BWC strives to maintain an inclusive workplace. We begin by being an equal opportunity employer. Employees can participate in and lead employee work groups, participate in on-line forums and learn about how different perspectives can improve leadership skills.

Our Vision:

Simplify the Ohio workers' compensation experience.

Our Mission:

Serve every customer with relentless excellence.

Our Core Values:

One Agency - We achieve more together.

Personal Connection- We listen, understand, and care.

Innovation - We embrace change to drive better outcomes.

What You'll Do

• Develop and maintain statewide base rates across multiple insurance funds by exercising general knowledge of mathematical, statistical & actuarial terminology & concepts in order to prepare & analyze data.
• Perform statistical and data analyses using tools such as Data Warehouse, SAS, Tableau, Excel, and internal systems to support agency initiatives, rating plans, legislative evaluations, and cost‑benefit studies.
• Maintain and enhance actuarial and rating system infrastructure, including base rate calculation systems, classification updates, and IT system validation and change‑control processes.
• Conduct continuous review for process improvements by analyzing the data inputs, workbook setup and capitalizing on current software tools.
• Provide actuarial expertise and cross‑functional support through special projects, mentoring, data integrity reviews, policy, and rating consultations, and responding to inquiries from employers, legislators, and stakeholders.

Additional Information

BWC’s core hours of operation are Monday-Friday from 8:00am to 5:00pm, however, daily start/end times may vary based on operational need across BWC departments. Most positions perform work on-site at one of BWC’s seven offices across the state. BWC offers flex-time work schedules that allow an employee to start the day as early as 7:00am or as late as 8:30am. Flex-time schedules are based on operational need and require supervisor approval.

What Our Employees Have to Say:

BWC conducts an internal engagement survey on an annual basis. Some comments from our employees include:

• BWC has been a great place to work as it has provided opportunities for growth that were lacking in my previous place of work.
• I have worked at several state agencies and BWC is the best place to work.
• Best place to work in the state and with a sense of family and support.
• I love the work culture, helpfulness, and acceptance I've been embraced with at BWC.
• I continue to be impressed with the career longevity of our employees, their level of dedication to service, pride in their work, and vast experience. It really speaks to our mission and why people join BWC and then retire from BWC.

Why Work for the State of Ohio:

At the State of Ohio, we take care of the team that cares for Ohioans. We provide a variety of quality, competitive benefits to eligible full-time and part-time employees*. For a list of all the State of Ohio Benefits, visit our Total Rewards website! Our benefits package includes:

• 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)

*Benefits eligibility is dependent on a number of factors. The Agency Contact listed above will be able to provide specific benefits information for this position.

Qualifications:

• 2 yrs. trg. or 2 yrs. exp. as underwriter for insurance organization or for agency comparable to Ohio Bureau of Workers' Compensation.
• -Or completion of undergraduate core coursework in business, insurance & risk management, accounting, mathematical sciences or related field of study.
• -Or equivalent of Minimum Class Qualifications for Employment noted above.

Job Skills: Insurance

Major Worker Characteristics:

Knowledge of: (1) workers’ compensation laws (e.g., Ohio Revised Code), policies & procedures regarding risk & claims administration*, (2) insurance concepts including types of insurance coverage, loss exposures, premium calculations, & collections, (3) distribution & classification of risk, (4) risk management concepts (e.g., identifying & analyzing loss exposures) & risk management techniques, (5) National Council of Compensation Insurers manual classifications*, (6) loss control methods (e.g., DFSP, Group Rating, Retrospective Rating)*, (7agency, division & department policies & standard operating procedures*, (8) *; basic mathematical, statistical, & actuarial terminology & concepts, (9) BWC, state, &/or federal statutes, rules, regulations, policies, & procedures governing actuarial activities*

Skill in: use of personal computer & applicable business software including Microsoft Word, intermediate level of Excel and Tableau*; basic level of database querying tools; BWC specific programs, applications (e.g., Rates & Payments, Power Suite)* & database structures.

Ability to define problems, collect data, establish facts, track projects, manage time & draw valid conclusions; prepare meaningful, concise, & accurate technical reports; communicate technical ideas in speaking so the intended audience will understand; establish & maintain effective working relationships; communicate & present technical information effectively both verbally & in writing to internal & external customers,.

(*) Developed after employment.

EEO & ADA Statement: The State of Ohio is an Equal Employment Opportunity Employer and prohibits discrimination and harassment of applicants or employees due to protected classes as defined in applicable federal law, state law, and any effective executive order.

The Ohio Bureau of Workers' Compensation is committed to providing access and reasonable accommodation in its employment opportunities pursuant to the Americans with Disabilities Act and other applicable laws. To request reasonable accommodations related to disability, pregnancy, or religion, please contact the ADA mailbox [e-mail].

BWC OCSEA Selection Rights: This position shall be filled in accordance with the provisions of the OCSEA Collective Bargaining Agreement. BWC bargaining unit members have selection rights before non-bargaining unit members. All other applications will only be considered if an internal bargaining unit applicant is not selected for this position.

Salary Information: Hourly wage is expected to be paid at step 1 of the pay range associated with the position for candidates who are new employees of the state. Current employees of the state will be placed in the appropriate step based on any applicable union contract and/or requirements of the Ohio Revised Code. Movement to the next step of the pay range (a roughly 4% increase) will occur after six months, assuming job performance is acceptable. Thereafter, an employee will advance one step in the pay range every year until the highest step of the pay range is reached. There may also be possible cost of living adjustments (COLA) and longevity supplements begin after five (5) years of state service.

Transportation: Position may require travel; therefore, persons occupying this position must be able to provide own transportation &/or legally operate a state-owned vehicle.

Educational Transcripts: For any educational achievements to be considered during the screening process, you must at least attach an unofficial transcript that details the coursework you have completed.

Background Check:

Prior to an offer of employment, the final applicant will be required to sign a background check authorization form and undergo a criminal background check. Criminal convictions do not necessarily preclude an applicant from consideration for a position.

ADA Statement: Ohio is a Disability Inclusion State and strives to be a model employer of individuals with disabilities. The State of Ohio is committed to providing access and inclusion and reasonable accommodation in its services, activities, programs and employment opportunities in accordance with the Americans with Disabilities Act (ADA) and other applicable laws.

Drug-Free Workplace: The State of Ohio is a drug-free workplace which prohibits the use of marijuana (recreational marijuana/non-medical cannabis). Please note, this position may be subject to additional restrictions pursuant to the State of Ohio Drug-Free Workplace Policy (HR-39), and as outlined in the posting.