Insurance Actuarial Analyst III: Rate & Compliance

State of Ohio; Columbus (OH); On-site; USD 87,000 - 90,000; Full time

Benefits offered by this job

Medical Coverage

Dental & Vision

Paid time off

Education opportunities

Job summary

The Ohio Department of Insurance is seeking an Insurance Actuarial Analyst 3 in Columbus. This role analyzes complex rate filings for reasonableness and compliance while ensuring adherence to state and federal laws and policies.

You will notify filers of issues and approve rates for Ohio use. The position involves researching regulatory requirements, developing and maintaining compliance tools, and providing guidance and peer reviews to junior analysts.

Qualifications

• Completion of undergraduate core program in mathematics.
• 3 CAS examinations for Property & Casualty or 3 SOA exams for Life & Health or 3 CAS or 3 SOA for Financial Regulation.
• 4 years of actuarial experience in fields matching the division requirements.
• 24 months of PC usage or related computer experience.

Responsibilities

• Analyze complex Property and Casualty insurance rate filings for reasonableness and compliance with laws and policies.
• Notify insurers of compliance issues and approve rates for use in Ohio.
• Research and understand relevant compliance requirements.
• Create and maintain compliance review tools and provide data analysis.
• Provide direction, training, and peer reviews for lower level analysts.

Skills

Insurance

Regulatory Compliance

Statistics/Mathematics

Analyzation

Critical Thinking

Decision Making

Education

Undergraduate math program

Job description

The Ohio Department of Insurance is seeking an Insurance Actuarial Analyst 3 in Columbus. This role analyzes complex rate filings for reasonableness and compliance while ensuring adherence to state and federal laws and policies.

You will notify filers of issues and approve rates for Ohio use. The position involves researching regulatory requirements, developing and maintaining compliance tools, and providing guidance and peer reviews to junior analysts.