The Montana Department of Insurance is seeking and Actuary/Statistician
The Rates Bureau is responsible for reviewing premiums charged and predictive models utilized by insurance companies operating in Montana in compliance with applicable statutes. Drawing on its expertise and mutually respectful relationships with regulated entities, the Rates Bureau saved Montana consumers $7.4 Million in 2018. If you have a passion for protecting consumers while simultaneously reviewing new and cutting-edge predictive modeling from the insurance industry, this position is for you.
This position is for an actuary or statistician who loves to learn and is interested in staying abreast of, and matching wits with, the ever-changing, technologically-morphing, insurance industry. The successful candidate will have an amazing opportunity to progress though a career ladder with additional education, certifications, and experience.
Education and Experience
Bachelor’s degree in statistics, mathematics, or a closely related field
One year of related work experience
Proficiency in Excel and other Microsoft office products
Proficiency in statistical and predictive analytics
Knowledge of or experience with programming
Master’s degree in statistics or closely related field
Associate of Casualty Actuarial Society (ACAS), pre-ACAS, iCAS Certified Specialist in Predictive Analytics (CSPA) or equivalent professional certificate
Programming skills in statistical modeling like R, SAS, or Python
Experience with property and casualty insurance rates and predictive modeling
Two or more years of related work experience
Additional Salary Information: Compensation & Career Advancement Ladder
Medical, dental, and vision coverage
Generous paid vacation, sick leave, and holidays
Pre-tax flexibility spending accounts
About Montana Department of Insurance
The DOI is a criminal justice agency whose primary mission is to protect Montana's consumers through insurance and securities regulation. DOI places a priority on consumer protection while fostering a strong, competitive marketplace that provides consumers with choices and access to high-quality, legitimate insurance and securities products.