Associate Insurance Rate & Form Analyst

State of Vermont; Montpelier (VT); On-site; USD 65,000 - 90,000; Full time

Job summary

The State of Vermont is seeking a Rate and Form Analyst to review property and casualty rate and form filings. This role suits detail-oriented professionals who understand regulatory requirements and insurance coverages.

You will work largely independently, with opportunities to consult a larger team on complex questions and deadlines. You will handle a high filing load, communicate issues clearly to filers and companies, and participate in the state's compliance efforts to protect Vermont

Qualifications

• Four+ years in insurance rate, form analysis or related regulatory policy analysis.
• JD with at least one year in insurance policy form analysis or rate analysis.
• One year of experience as Insurance Rate and Form Analyst.

Responsibilities

• Review property and casualty rate and form filings for compliance.
• Work independently with team collaboration on complex questions.
• Meet statutory deadlines and manage filing load.
• Clearly communicate compliance issues with filers and companies.

Skills

Policy form analysis

Rate analysis

Actuarial analysis

Attention to detail

Regulatory compliance

Education

Juris Doctor (J.D.)

Job description

Overview

The Rate and Form Analyst will primarily be tasked with reviewing property and casualty rate and form filings. This is a great opportunity for individuals who are detail oriented and have a comprehensive knowledge of property and casualty coverages. Most of the rate and form review work is done independently with ample opportunities for collaboration with a larger team to discuss issues or policy questions as they arise. At DFR our mission is to protect Vermont consumers and ensure they are purchasing compliant products. The Analyst will be expected to handle a high filing load and be able to manage statutory deadlines. Organizational skills as well as the ability to clearly communicate compliance issues with third party filers and companies are integral to the position.

Overview

The Rate and Form Analyst will primarily be tasked with reviewing property and casualty rate and form filings. This is a great opportunity for individuals who are detail oriented and have a comprehensive knowledge of property and casualty coverages. Most of the rate and form review work is done independently with ample opportunities for collaboration with a larger team to discuss issues or policy questions as they arise. At DFR our mission is to protect Vermont consumers and ensure they are purchasing compliant products. The Analyst will be expected to handle a high filing load and be able to manage statutory deadlines. Organizational skills as well as the ability to clearly communicate compliance issues with third party filers and companies are integral to the position.

Who May Apply

This position, Associate Insurance Rate & Form Analyst (Job Requisition #55756), is open to all State employees and external applicants.

This position is being recruited at multiple levels.

Insurance Rate & Form Analyst: 55755

Associate Insurance Rate & Form Analyst: 55756

Senior Insurance Rate & Form Analyst: 55757

If you would like more information about this position, please contact [e-mail].

Please note that multiple positions in the same work location may be filled from this job posting.

Environmental Factors

Work is performed primarily in an office setting. Some travel may be required for which private means of transportation must be provided. Duties involve interaction with company personnel and attorneys and the public. Testimony at hearings may be required.

Minimum Qualifications

Four (4) years or more at or above a technical level involving insurance company, agency, or regulatory policy form analysis; insurance rate analysis; insurance statistical analysis; actuarial analysis; insurance underwriting; or comparable experience.

OR Juris Doctor (J.D.) and one (1) year at or above a technical level involving insurance company, agency, or regulatory policy form analysis; insurance rate analysis; insurance statistical analysis; actuarial analysis; insurance underwriting; or comparable experience.

OR One (1) year as an Insurance Rate and Form Analyst.

Total Compensation

As a State employee you are offered a great career opportunity, but it's more than a paycheck. The State's total compensation package features an outstanding set of employee benefits that are worth about 30% of your total compensation, including:

• 80% State paid medical premium and a dental plan at no cost for employees and their families
• Work/Life balance: 12 paid holidays each year and a generous leave plan
• State Paid Family and Medical Leave Insurance (FMLI)
• Two ways to save for your retirement: A State defined benefit pension plan and a deferred compensation 457(b) plan
• Tuition Reimbursement
• Flexible spending healthcare and childcare reimbursement accounts
• Low cost group life insurance
• Incentive-based Wellness Program
• Qualified Employer for Public Service Student Loan Forgiveness Program

Equal Opportunity Employer

The State of Vermont celebrates diversity, and is committed to providing an environment of mutual respect and meaningful inclusion that represents a variety of backgrounds, perspectives, and skills. The State does not discriminate in employment on the basis of race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, membership in an employee organization, family medical history or genetic information, or family or parental status. The State's employment decisions are merit-based. Retaliatory adverse employment actions by the State are forbidden.