Health Actuary & Insurance Regulation Specialist

State of Iowa; Des Moines (CA); On-site; USD 95,000 - 140,000; Full time

Benefits offered by this job

IPERS

Retirement Investors Club (RIC)

Health, Dental, Vision Insurance

Paid Vacation and Sick Leave

9 Paid Holidays per Year

Flexible Work Schedules

Telework Opportunities

Job summary

Iowa Insurance Division seeks a Health Actuary to serve as Insurance Regulation Specialist 2 in the Company Regulation Bureau. The role applies advanced actuarial expertise to regulate insurer rates, reports, and capital adequacy, safeguarding policyholders and maintaining a stable market.

Successful candidates will have ACAS/FCAS MA, strong modeling skills, and the ability to communicate complex findings. Travel nationally and internationally is required.

Qualifications

• Graduation from an accredited college with a degree in actuarial science or related field and three years of full-time work in actuarial or insurance policy-making roles.
• Alternative pathway requiring a combination of education and work experience as described in the qualification guidelines.

Responsibilities

• Review insurer filings for completeness, accuracy, and methodological soundness.
• Evaluate actuarial models, assumptions, and capital adequacy frameworks used by regulated insurers.
• Determine and recommend whether actuarial methodologies are appropriate for regulatory purposes.
• Evaluate trend and projection assumptions and projected loss ratios.
• Coordinate and supervise external consulting actuaries and examiners.
• Direct and review complex actuarial analyses and prepare written findings.
• Maintain annual ACA filing matrices and prepare rate filing observations for hearings.
• Provide actuarial insight and testimony when needed.
• Collaborate with regulated entities and regulatory partners to promote compliance and stability.
• Support leadership in national and international regulatory coordination.

Skills

Actuarial modeling

Pricing

Reserving

Capital analysis

Analytical thinking

Communication skills

Attention to detail

Regulatory reporting

Education

Actuarial science degree

Related field degree

Tools

Microsoft Office

Actuarial analysis tools

Job description

Iowa Insurance Division seeks a Health Actuary to serve as Insurance Regulation Specialist 2 in the Company Regulation Bureau. The role applies advanced actuarial expertise to regulate insurer rates, reports, and capital adequacy, safeguarding policyholders and maintaining a stable market.

Successful candidates will have ACAS/FCAS MA, strong modeling skills, and the ability to communicate complex findings. Travel nationally and internationally is required.