Introduction
Are you an Actuary looking for a new opportunity?
If so, read below & apply today!
The Connecticut Insurance Department (CID) is currently accepting applications for an Insurance Actuary Associate position.
WHAT WE CAN OFFER YOU
Visit our new State Employee Benefits Overview page!
The opportunity to work for a Forbes top company: 'Forbes' State of Connecticut Ranked One of the Best Employers of 2023 - State of CT Receives National Recognition for Offering Job Growth, Competitive Benefits, and Flexible Schedule.
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
Hybrid (combination of in-office/telework)
THE ROLE
As an Insurance Actuary Associate within the Actuarial Division, you will play a vital role in our mission. You will collaborate with a team of dedicated professionals to analyze insurance data, assess risk, and make critical recommendations. Your expertise will help us ensure that insurance rates are fair and adequate, and that insurance companies are financially stable.
The Insurance Actuary Associate will perform the following functions with guidance from Insurance Actuary, Insurance Actuary Supervisor, and Chief Insurance Actuary:
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.
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 Connecticut employee!
Selection Plan
TO APPLY
In order to be considered for this job opening, you must meet the Minimum Qualifications as listed on this job opening. You must specify your qualifications on your application.
The minimum experience and training requirements must be met by the close date on the job opening, unless otherwise specified.
In order to receive educational credits toward qualification for this job posting, 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 recruiter listed on this job posting.
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.
Ensure that your application is complete and detailed before submitting it. In order to comply with Public Act 21-69, the State of Connecticut is no longer asking for resumes during the initial application process. You will not be able to make revisions once your application is submitted into the JobAps system.
Please 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.
All application materials must be received by the recruiting agency by the time specified on the job opening for the position for which you are applying. Late applications may not be submitted and will not be considered. Exceptions are rare and limited to documented events that incapacitate a candidate during the entire duration of the job posting time period. It is the candidate’s obligation and responsibility to request an exception and provide a legally recognized justification to accommodate such exception. Requests should be made to DAS.SHRM@ct.gov.
FOR ASSISTANCE IN APPLYING
Please read or watch our Applicant Tips on How to Apply.
IMPORTANT INFORMATION AFTER YOU APPLY
This posting may require completion of additional referral questions (RQs). You can access these RQs via an email that will be sent to you after the posting's closing date or by visiting your JobAps Personal Status Boar
Location: Hartford, CT
Posted: Aug. 19, 2024, 7:14 p.m.
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