Senior Casualty Actuary — Data-Driven Reserves & Rates

New York State Department of Financial Services; Albany (OR); On-site; USD 70,579 - 89,645; Full time

Job summary

A state financial regulatory agency in Albany, Oregon is seeking an actuary to accumulate and reconcile loss data and assist with reserve adequacy. Candidates need a Bachelor's degree with credits in mathematics or statistics and must have one year of actuarial experience. Salary ranges from $70,579 to $89,645, with potential adjustments based on location. This position is permanent or contingent permanent.

Qualifications

• A bachelor’s degree or higher with credits in relevant subjects is required.
• Successful completion of one Casualty Actuarial Society examination is necessary.
• At least one year of actuarial experience.

Responsibilities

• Accumulates and reconciles internal loss data with financial statements.
• Assists in establishing and testing adequacy of reserves.
• Prepares exhibits displaying estimates, premiums, and reserves.
• Reviews ratemaking procedures for compliance.
• Analyzes insurance companies’ premium trends and ratios.
• Communicates with companies regarding filings.

Education

Bachelor's degree or higher

24 semester credit hours in mathematics, statistics, and/or actuarial science

Job description

A state financial regulatory agency in Albany, Oregon is seeking an actuary to accumulate and reconcile loss data and assist with reserve adequacy. Candidates need a Bachelor's degree with credits in mathematics or statistics and must have one year of actuarial experience. Salary ranges from $70,579 to $89,645, with potential adjustments based on location. This position is permanent or contingent permanent.