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Actuary - Life and Health (Exempt)

State of Alaska

Actuary - Life and Health (Exempt)

Juneau, Alaska, United States · Onsite · 6h ago

Salary
$113k - $145kest.
Experience
5+ Years

Role Summary

Role type

Life and Health regulatory specialist

Closer to a regulatory compliance role than an underwriting partnership role—the deciding factor is statutory filing and policy oversight rather than live commercial pricing.

Senior Life and Health actuarial regulatory role with the State of Alaska in Juneau. You will review health, life, annuity, disability, and long-term care filings; assess rates, reserves, and insurer solvency; and advise the Director on legislation and regulation. The role is primarily onsite and includes occasional overnight travel.

Requirements

Must have

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or similar
  • Five to seven years' actuarial experience
  • Experience reviewing or preparing healthcare insurance rate filings is mandatory
  • Overnight out-of-town travel at least three times a year

Strongly preferred

  • Solid understanding of actuarial concepts for life and health products including pricing, valuation, and non-forfeiture
  • ASA designation and membership in the American Academy of Actuaries preferred
  • Knowledge of insurance actuarial procedures and principles
  • Knowledge of insurance finances, insurance principles, coverages, company operations and management
  • Knowledge of financial reporting procedures and policies; loss reserving methodologies
  • Proficiency in SERFF, Microsoft Word, Excel, PowerPoint, and Adobe Acrobat
  • Strong organizational, time management, and communication skills
  • Ability to explain complex actuarial concepts in terms understandable to non-actuaries
  • Higher level mathematics, probability, and statistics

Nice to have

  • Experience reviewing life insurance, annuity, disability income, or long-term care filings

Skills & Domain

ToolsExcelPowerPointOther_BI_Tool
DomainHealthcare insurance rate filing reviewLife and health product pricing and valuationRegulatory rate and form filing analysis

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