Ncdoi

Insurance

ActuaryProperty&Casualty(EligibleforTraineeProgram)

$81–102k North Carolina, United States FULL TIME Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Mid+ candidates.

The Brief

“Actuary – Property & Casualty (Eligible for Trainee Program) at Ncdoi. Skills: Actuarial analysis, Property & Casualty, Regulatory knowledge. Assemble and analyze data. Estimate probability and cost of events”

Industry & Context.

Insurance
Problems you'll solve

Analytical skills

Eligibility Requirements

Criminal history checks

What They're Looking For.

Must Have

Bachelor's degree in actuarial science, mathematics, statistics, business, or a closely related field, four years of professional actuarial experience, Associate status in the Casualty Actuarial Society (CAS)

Nice to Have

Actively pursuing or have obtained credentials with the Casualty Actuarial Society (CAS) and the American Academy of Actuaries (AAA), Must have passed at least 4 CAS exams, Considerable knowledge of North Carolina laws and regulations as they relate to actuarial practice, Considerable knowledge of agency policies and practices in regard to issues arising in rate revision negotiations or rate hearings

What You'll Do.

Assemble and analyze data

Estimate probability and cost of events

Review Statements of Actuarial Opinion

Advise on rate hearings

Provide consultation on legislation

Provide consultation on new insurers

Provide consultation on consumer issues

How You'll Work.

Team & Collaboration

Keeps coworkers and managers informed of project progress

Communication Scope

Effectively communicate complex information verbally

Full Job Description

**Agency** Dept of Insurance **Division** Administration **Job Classification Title** Actuary - Property & Casualty (NS) **Position Number** 60013587 **Grade** NC25 **About Us** The mission of the North Carolina Department of Insurance is to promote a stable insurance market through unbiased regulation and to protect the lives and property of every citizen in all 100 counties while fostering superior, user-friendly service, courtesy, and respect. Our agency licenses insurance agents, adjusters, bail bondsmen and more, along with investigating fraud matters involving insurance consumers and any entity or individual regulated by the Department. In an ever-changing environment, it is the vision of the Department of Insurance to maintain the stabilization of the insurance industry in order to provide more products, competitive prices and consumer protection. **Description of Work** Salary Recruitment Range: $80,636 - $101,500 Salary Grade: NC25 The posting will close at 11:59 p.m. the night before the closing date. *This position is open to both ACAS and Near-ACAS candidates. Near-ACAS applicants may be eligible for our Actuarial Trainee Program. For additional information regarding trainee status, please visit: https://oshr.nc.gov/hr-governance/policies/appointment-types-and-career-status This position currently qualifies for a hybrid telework option with routine office and up to one remote workday per week. The NC Department of Insurance trusts our employees to be self-motivated and successful in hybrid/remote roles. Telework options are subject to change at the discretion of management. Primary Purpose of the Position: Positions in this class assemble and analyze data to estimate the probability and likely cost of the occurrence of an event such as liability, loss of property, or loss of use of property. Positions are responsible for providing consultation and professional recommendations to various divisions within the agency or department. The range of duties inclu

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