Current jobs related to Insurance Actuary - Hartford, Connecticut - Connecticut Department of Administrative Services

Recruitment # AR-001

Location Hartford, CT

Date Opened 1/8/2026 12:00:00 AM Salary $124,895* - $170,298/year (*Employees new to state service start at the minimum) Job Type Open to the Public Close Date 2/5/2026 11:59:00 PM

Go Back Apply View Benefits

Introduction

Are you experienced with health reserving techniques and actuarial standards of practice?
Are you an actuary looking to take your career to the next level?
If so, read below & apply today
The
Connecticut
Insurance Department (
CID
)
is currently accepting applications for an
Insurance Actuary
role within the Actuarial Insurance Division.

What We Can Offer You

• Visit our State Employee Benefits Overview page
• Professional growth and development opportunities
• A healthy work/life balance to all employees

POSITION HIGHLIGHTS

• Full Time, 40 hours per week
• Location: 153 Market Street in Downtown Hartford, easily accessible for all commuters.
• Monday - Friday
• 8:00 AM to 4:30 PM
• This position is eligible to apply for telework in accordance with the Telework Policy. The Policy can be found HERE.

Discover The Opportunity To

• Conduct analytical studies of insurance and health care center rate filings, rating plans, and various special programs (such as experience rating, retrospective rating, and participating programs) and recommend action
• Conduct and review periodical examinations of rating organizations
• May review an insurer's loss experience
• Review rates, rating plans, and self-insurance program
• Provide consulting service with respect to the approval or disapproval of requests made by insurance companies and rating organizations for changes in rates and rating plans
• Initiate recommendations with respect to improvements in rating plans and techniques
• Participate in Department hearings in connection with appeals of insureds regarding classifications and other rating matters
• Review insurance and health care reserves, including cash flow testing of liabilities and asset adequacy testing
• Review reinsurance agreements
• Perform related duties as required

About Us
Our mission at the State of Connecticut, Connecticut Insurance Department (CID) is consumer protection. The department carries out its mission by enforcing state insurance laws to ensure policyholders are treated fairly, by providing assistance, outreach, and education to help consumers make sound choices, and by regulating the industry in a fair and consistent manner that fosters market competition for the availability of insurance.

Watch the video below to see what it's like to be a State of CT employee
Selection Plan

**For Assistance In Applying
Check out our Applicant Tips on How to Apply Need more resources? Visit our Applicant Toolkit for additional support throughout the recruitment process.

Before You Apply

• Meet Minimum Qualifications: Ensure you meet the Minimum Qualifications listed on the job opening by the job closing date. You must specify your qualifications on your application. The minimum experience and training requirements listed must be met by the close date on the job opening, unless otherwise specified.
• Educational Credits: List your earned credits and degrees from accredited institutions accurately on your application. To receive educational credits towards qualification, the institution must be accredited. If the institution of higher learning is located outside of the U.S., you are responsible for providing documentation from a recognized USA accrediting service which specializes in determining foreign education equivalencies to the contact listed below by the closing date listed on the job posting.
• Resume Policy: Per Public Act 21-69, resumes are not accepted during the initial application process. As the recruitment process progresses, candidates may be required to submit additional documentation to support their qualification(s) for this position. This documentation may include: a cover letter, resume, transcripts, diplomas, performance reviews, attendance records, supervisory references, licensure, etc., at the request and discretion of the hiring agency.
• Preferred Shift/Location: Select all location(s) and shift(s) you are willing to work on your application. Failure to do so may result in not being considered for vacancies in that specific location or shift.
• Timely Submission: All application materials must be received by the job posting deadline. You will be unable to make revisions once you officially submit your application to the State. Late submissions are rarely accepted, with exceptions only for documented events that incapacitate individuals during the entire duration of the job posting. Request exceptions by emailing
• Salary Calculations: For current state employees, salary calculations are not necessarily comparable from one of the three branches of state government (i.e., Executive, Legislative, Judicial) to the other.
• Note: The only way to apply to this posting is via the 'Apply' or 'Apply Online' buttons on the official State of Connecticut Online Employment Center job posting.

After You Apply

• Referral Questions: This posting may require completion of additional Referral Questions (RQs), which must be completed by the questionnaire's expiration date. If requested, RQs can be accessed via an email sent to you after the job close date or by visiting your JobAps Personal Status Board (Certification Questionnaires section).
• Prepare For An Interview: Interviews are limited to those whose experience and training are most aligned with the role. To prepare, review this helpful Interview Preparation Guide to make the best impression
• Stay connected Log in daily to your JobAps Personal Status Board to track your status and check email (including spam/junk folders) for updates and tasks.
• The immediate vacancy is listed above, however, applications to this recruitment may be used for future vacancies in this job class.
• Note: This position will be filled in accordance with contractual language, reemployment, SEBAC, transfer, promotion and merit employment rules. Candidates who are offered and accept a position with the State of Connecticut are bound by the State Code of Ethics for Public Officials and State employees, available at

QUESTIONS? WE'RE HERE TO HELP:
Due to high volume, we are unable to confirm receipt or provide status updates directly. For recruitment updates, please check your Personal Status Board and review our Frequently Asked Questions. If you have additional questions about the recruitment process, reach out to Sharon McIntosh, at

Join the State of Connecticut and take your next career step with confidence**
PURPOSE OF JOB CLASS (NATURE OF WORK)

In the Department of Insurance this class is accountable for performing the most complex tasks in work involving casualty or life and health insurance, and conducting research and special studies.

EXAMPLES OF DUTIES

• Conducts analytical studies of insurance and health care center rate filings, rating plans and various special programs (such as experience rating, retrospective rating, and participating programs) and recommends action;
• Conducts and reviews periodical examinations of rating organizations;
• Reviews rates, rating plans, and self-insurance program;
• Provides consulting service with respect to the approval or disapproval of requests made by insurance companies and rating organizations for changes in rates and rating plans;
• Initiates recommendations with respect to improvements in rating plans and techniques;
• Participates in Department hearings in connection with appeals of insureds regarding classifications and other rating matters;
• Reviews insurance and health care reserves including cash flow testing of liabilities and asset adequacy testing;
• Reviews reinsurance agreements;
• Supervises the handling of complaints and inquiries concerning rates and related matters from the public, insurance companies, agents, brokers and rating organizations;
• Serves as advisor on actuarial and related matters;
• Prepares accurate and comprehensive reports containing findings, conclusions and recommendations;
• Participates in committees;
• May participate in technical and professional conferences;
• May review an insurer's loss experience;
• Performs related duties as required.

KNOWLEDGE, SKILL AND ABILITY

• Considerable knowledge of

• relevant federal and state laws and regulations pertaining to insurance companies;

• actuarial principles, standards and methods;

• statistical methods and computer models as they relate to insurance rates and rating procedures;

• Knowledge of

• the operation of relevant insurance programs;

• the methods used by other states in the regulation of insurance companies;
• relevant insurance coverages, rates, rating plans and special programs;

• insurance company financial statements;

• Considerable

• interpersonal skills;

• oral and written communication skills;

• Supervisory ability.

Minimum Qualifications - General Experience
Eight (8) 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.

Minimum Qualifications - Special Experience
One (1) years of the General Experience must have included experience setting insurance rates and/or reserves for insurance companies or health care centers.

Minimum Qualifications - Substitutions Allowed

• 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

• Experience managing projects with deadlines
• Experience with Health reserving techniques and actuarial standards of practice
• Familiar with office working environment
• Designation of Fellow of the Society of Actuaries (FSA), Fellow of the Casualty Actuarial Society or Member of the American Academy of Actuaries (MAAA)

Special Requirements
An Associate membership, by examination, in a relevant actuarial society. For Property and Casualty, membership in the Casualty Actuarial Society is required. For Life and Health area, membership in the Society of Actuaries is required.

Conclusion

AN AFFIRMATIVE ACTION/EQUAL OPPORTUNITY EMPLOYER
The State of Connecticut is an equal opportunity/affirmative action employer and strongly encourages the applications of women, minorities, and persons with disabilities.

ACKNOWLEDGEMENT

As defined by Sec of the Connecticut General Statutes, a job class is a position or group of positions that share general characteristics and are categorized under a single title for administrative purposes. As such, a job class is not meant to be all-inclusive of every task and/or responsibility.

Click on a link below to apply for this position:

Fill out the Supplemental Questionnaire and Application NOW using the Internet.