INSURANCE RATE ANALYST

California Department of Insurance; Long Beach (CA); Hybrid; USD 51,000 - 58,000; Full time

Job summary

The California Department of Insurance (CDI) seeks a dynamic Insurance Rate Analyst in Los Angeles County for a permanent, full-time role with hybrid telework. You will study and apply ratemaking principles, work with large databases, generate rate component factors, and prepare required reports.

You will communicate with insurers to conduct data requests and provide technical guidance to staff. The position includes compliance with conflict-of-interest standards and CalHR PLP 2025 leave

Responsibilities

• Analyzes rate filings and applies ratemaking principles.
• Generates rate component factors and prepares mandated reports.
• Communicates with insurers to conduct data calls and summarize findings.
• Performs projects as assigned by the Bureau Chief and supports staff on technical issues.

Job description

Equal Opportunity Employer

The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.

It is an objective of the State of California to achieve a drug-free workplace. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.

Position Details

Job Code #: JC-529396

Position #(s): 413-321-4441-006

Working Title: Insurance Rate Analyst

Classification: INSURANCE RATE ANALYST

Salary: $4,582.00 - $5,205.00 A

# of Positions: 1

Work Location: Los Angeles County

Telework: Hybrid

Job Type: Permanent, Full Time

Department Information

The CDI is the consumer protection agency for the nation's largest insurance marketplace and safeguards all of the state’s consumers by fairly regulating the insurance industry. With annual direct premiums of $340 billion, California is the largest insurance market in the United States and the fourth largest insurance market in the world.

Nearly 1,400 dedicated employees work at CDI to oversee more than 1,400 insurance companies and license more than 425,000 agents, brokers, adjusters, and business entities.

RATE REGULATION BRANCH

Rate Regulation Division

Rate Specialist Bureau

Department Website: http://www.insurance.ca.gov

Job Description And Duties

Do you enjoy working in a fast-paced Remote-Centered environment with variety in your work? The California Department of Insurance (CDI) is seeking a dynamic Insurance Rate Analyst ready to study and apply the principles and techniques of insurance ratemaking, to join the Rate Regulation Branch.

The Insurance Rate Analyst (IRA) works with data from large databases or financial reports, conducts data analysis and compiles data to generate rate component determination (RCD) generic factors, and prepares other mandated reports. Reviews and analyzes less difficult rate filings containing rates, rating plans, rating systems, manual rules and policy forms for property and casualty lines of business. The analyst communicates with insurers to conduct data calls and prepares summary reports and provides consultation to other departmental staff on technical issues. The analyst performs individual, or group projects as assigned by the Bureau Chief and performs other duties as required.

This position is designated under the Conflict of Interest Code. The position is responsible for making or participating in governmental decisions that may potentially have a material effect on personal financial interests. The appointee is required to complete a Statement of Economic Interest (Form 700), which includes an Assuming Office filing within 30 days of appointment, annual filings, and a Leaving Office filing within 30 days of physical separation. Non-compliance with the Conflict of Interest Code requirements may result in the voiding of appointment, financial penalties, or enforcement actions.

Effective July 1, 2025, the California Department of Human Resources (CalHR) implemented the Personal Leave Program 2025 and related Pay Differential 386. PLP 2025 requires employees to receive a reduction in pay in exchange for monthly hours of PLP 2025 leave credits. The salary range(s) included on this job posting do not reflect the reduction in pay. For more information, visit the CalHR website ( www.calhr.ca.gov ).

Special Requirements

Please attach (upload) all the required documents to verify that you meet the minimum qualifications for this position (i.e., degree, transcript, license, certificate). If you fail to provide the required documentation, your application package will be marked as incomplete and not considered for an interview.

• Exam list eligibility - refer to exam link below.
• Transfer eligibility, if applicable, for current/former civil service employees
• Resume
• Degree and/ or School Transcripts