Life & Health Actuary II/III - Regulator Impact & Growth

State of Nebraska; Lincoln (NE); On-site; USD 61,000 - 135,000; Full time

Benefits offered by this job

13 paid holidays

Vacation and sick leave

Retirement plan with state match

Tuition reimbursement

Health insurance options

Job summary

State of Nebraska in Lincoln seeks a Life and Health Actuary II/III to perform actuarial analyses and regulatory reviews for life and health insurers. You will assess reserves, review statements, and contribute to regulatory changes while collaborating with NAIC committees.

The role requires travel, a strong actuarial background, and willingness to engage in ongoing professional development in a supportive environment.

Qualifications

• Bachelor’s degree in actuarial science, statistics or related field.
• AS A near designation for II or ASA with related actuarial experience.
• MAAA and SOA designation desired for III level.
• Minimum experience in life and health actuarial work in insurance or state department.

Responsibilities

• Performs analysis of life reinsurance contracts and risk transfer.
• Performs reserve risk analysis for financial examinations.
• Reviews Actuary Annual Statement and related memorandums.
• Analyzes principal-based reserves submitted by life insurers.
• Determines adequate life insurance reserves as required by law.
• Reviews life company forms and illustrations in filings.
• Participates in NAIC committees and promotes regulatory changes.

Skills

Analytical skills

Excel

SQL

R

Communication

Attention to detail

Time management

Professional development

Education

Bachelor’s Degree in actuarial science

ASA near designation

ASA designation (SOA)

MAAA designation

Tools

Excel

SQL

R

Job description

State of Nebraska in Lincoln seeks a Life and Health Actuary II/III to perform actuarial analyses and regulatory reviews for life and health insurers. You will assess reserves, review statements, and contribute to regulatory changes while collaborating with NAIC committees.

The role requires travel, a strong actuarial background, and willingness to engage in ongoing professional development in a supportive environment.