Actuary

The Florida Office of Insurance Regulation (OIR) strives to promote a stable and competitive insurance market for consumers. With a workforce of approximately 250 staff members, OIR regulates one of the largest, most complex insurance markets in the world.

OIR offers a range of challenging and rewarding opportunities for individuals looking to grow in their careers, as well as a wide variety of top insurance–related courses and professional certifications to ensure that its staff have the industry knowledge needed to succeed. OIR employees also have access to the State of Florida's tuition waiver program, which offers educational assistance to full-time, salaried employees.

As a State Agency, OIR offers excellent benefits, including health, dental, and vision insurance; retirement plans; flexible spending accounts; health savings accounts; and more. OIR also offers annual and sick leave, a generous holiday schedule, and flexible work schedules. Visit the links below to see the many benefits and retirement options you have as a State of Florida employee:

Brief Description of Duties and Responsibilities:

• Perform complex actuarial calculations to determine whether property and casualty rate filings are in compliance with state insurance laws and to determine if rate filings are excessive, inadequate, or unfairly discriminatory. Make recommendations to the Bureau Chief and/or Senior Management for action on the disposition of the filings.
• Responsible for the reporting, analyzing, and interpreting of statutorily required data and statistics of assigned filings and actuarial reports.
• Serve as an actuarial consultant regarding legislative issues, including the review of proposed legislation and determining the impact of legislative changes, as well as suggesting recommendations for revisions of statutes or administrative rules.
• Direct, conduct, and supervise insurance- or data-related studies or projects per the Insurance Commissioner, Legislature, media, and public requests.
• Respond to requests from the Insurance Commissioner, Legislature, media, public records requests, consumers, other State and Federal agencies, NAIC, and other professional agencies regarding insurance rates or rating practices.
• Assist management in the development of strategic plans and goals. Consult with all areas of the Office on issues or questions concerning actuarial matters and function as a business expert for the Office in industry operations, and assist in the development of model position papers which may be supported or supplemented by actuarial science or analysis.
• Perform other related duties as assigned by the Bureau Chief, Senior Management, or their designees.

The incumbent of this position is considered to have regulatory responsibilities and is subject to the provisions of Chapter 22A-16, Florida Administrative Code.

Minimum Qualifications for this position include the following:

, F.S. Actuaries employed pursuant to this paragraph shall be members of the Society of Actuaries or the Casualty Actuarial Society and shall be exempt from the Career Service System established under chapter 110.

Qualified applicants will be required to take a work sample.

The annual salary for this position is $150,000.

Employees of the Office of Insurance Regulation are paid on a monthly pay cycle.

Job Type: Full-time

Pay: $150,000.00 per year

Benefits:

• Dental insurance
• Disability insurance
• Employee assistance program
• Employee discount
• Health insurance
• Life insurance
• Paid parental leave
• Paid time off
• Professional development assistance
• Retirement plan
• Vision insurance
• Volunteer time off

Work Location: Remote