Job Description

Job Description and Duties

Do you enjoy working in a fast-paced remote centered environment with variety in your work? The California Department of Insurance (CDI) is seeking a dynamic Supervising Life Actuary with experience in Long Term Care Insurance pricing.

If this is you, then CDI may be the employer for you!

Under the general direction of the Chief Life Actuary, the Actuary Supervisor performs highly  skilled actuarial analysis, works on the most complex Long-Term Care Insurance (LTCI)  actuarial rate filings, and assists the Chief Life Actuary in managing the work of the life  actuarial staff. Provides actuarial support to other units within the Department. Participates in  NAIC committees related to LTCI.

This position is designated under the Conflict of Interest Code. The position is responsible  for making or participating in the making of governmental decisions that may potentially have  a material effect on personal financial interests. The appointee is required to complete Form 700 within 30 days of appointment. Failure to comply with the Conflict of Interest Code  requirements may void the appointment.

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Working Conditions

• The incumbent must be able to work in a high rise building. 
• The incumbent may telework in accordance with CDI's Telework Policy. Teleworking employees may be required to report to their headquarters office location on designated telework days. Travel expenses are not reimbursed, however other authorized transit subsidies do exist for those who qualify.

Special Requirements

Please attach (upload) all the required documents to verify that you meet the minimum qualifications for this position (i.e., degree, transcript, license, certificate). If you fail to provide the required documentation, your application package will be marked as incomplete and not considered for an interview.

• Exam list eligibility - refer to exam link below
• Transfer eligibility, if applicable, for current/former civil service employees 
• Statement of Qualifications 
• Degree and/or School Transcripts 
• Resume

Desirable Qualifications

In addition to evaluating each candidate's relative ability, as demonstrated by quality and breadth of experience, the following factors will provide the basis for competitively evaluating each candidate:

• Fellow of the Society of Actuaries (FSA) or Assocaite of the Society of Actuaries (ASA) and Member of the American Academy of Actuaries (MAAA)
• Five years of relevant experience in Long Term Care Insurance (LTCI) pricing
• Degree in Advanced Mathematics

Benefits

• Flexible work hours
• Remote work options
• Medical Benefits - including health, dental, and vision insurance
• Employee Wellness Program
• Employee Assistance Program
• On the Job Training
• Career Services Program
• Recognition Program
• Paid Holidays and leave
• Defined benefit retirement program
• Savings Plus Program (401 (k), 457)
• Every 12 months, based on performance evaluation, employees may receive a 5% salary increase until they reach the maximum salary for the position.

Benefit information can be found on the CalHR website and the CalPERS website.

Examination Information

Step 1 - If you have not taken the Actuary Supervisor examination, or if your eligibility has expired, and/or you have no other type of eligibility, you MUST take the examination to be eligible for appointment. Please click the link provided below for the examination information and instructions.

Actuary Supervisor: CalCareers

Step 2 - Submit your application including all required documents, by using the "Apply Now" button found at the top of this bulletin.

Required Application Package Documents

The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:

• Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
• Resume is required and must be included.
• Degree and/or School Transcripts
• Statement of Qualifications - Instructions may be found in the Statement of Qualifications Section  of this job posting. 

Job Tags

Holiday work, Permanent employment, Full time, Remote job, Flexible hours,

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