Actuarial Associate

11 hours ago


Hartford, Connecticut, United States State of Connecticut Full time
About the Role

We are seeking an experienced Actuarial Associate to join our team at the State of Connecticut, Connecticut Insurance Department (CID). As an Actuarial Associate, you will play a vital role in our mission to protect consumers and ensure fair treatment of policyholders.

Key Responsibilities
  • Analyze insurance data and perform actuarial calculations to determine risk and pricing for various insurance products
  • Conduct research and evaluate insurance industry trends to inform pricing strategies and rate filings
  • Assist in developing and maintaining actuarial models and tools to support business decisions
  • Create reports and presentations to effectively communicate actuarial findings and recommendations to relevant individuals or groups
  • Collaborate with cross-functional teams to support the implementation of actuarial initiatives and projects
  • Stay updated on regulatory changes and industry standards to ensure compliance and drive continuous improvement
Requirements
  • Seven (7) years of experience as an actuary with an insurance company, an insurance regulatory agency, or in a consulting actuary's office performing actuarial insurance work
  • College training in mathematics, actuarial sciences, statistics or a related field may be substituted for the General Experience on the basis of fifteen (15) semester hours equalling one-half (1/2) year of experience to a maximum of four (4) years
  • A Master's degree in mathematics, actuarial sciences, statistics or a related field may be substituted for one (1) additional year of the General Experience
Preferred Qualifications
  • Actuarial experiences in both actuarial pricing and/or reserving
  • Fellow of the Casualty Actuarial Society (FCAS), Associate of the CAS (ACAS), or near ACAS actuarial students
  • Experience with P&C rate making in Personal Lines and/or Commercial Lines
Special Requirements
  • An Associate membership, by examination, in a relevant actuarial society
What We Offer
  • A competitive salary and benefits package
  • The opportunity to work in a dynamic and collaborative environment
  • The chance to make a meaningful contribution to the State of Connecticut's mission to protect consumers and ensure fair treatment of policyholders
How to Apply

To be considered for this role, please submit your application through the State of Connecticut's JobAps system. We look forward to reviewing your application


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