Are you an actuary looking to take your career to the next level? Do you want to make an impact while serving your state? If so, read below & apply today!
Who We Are Our mission at the Connecticut Insurance Department (CID) is consumer protection. The department carries out its mission by enforcing state insurance laws to ensure policyholders are treated fairly, 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. The Position The CID is currently recruiting for an Insurance Actuary position for the Actuarial Insurance Division. We are located at 153 Market Street in Downtown Hartford, easily accessible for all commuters.
Discover the Opportunity to:
review actuarial opinions/actuarial reports for annual financial review process;
assist field exams in pricing/reserving;
collaborate with NAIC and other state regulators in different committees;
and review, analyze and finalize all applicable P&C rate filings submitted to the Insurance Department.
Benefits: We provide limitless opportunities; we hire for diversity and new perspectives, and we accomplish meaningful work while maintaining a work/life balance. We also participate in a competitive benefits package with comprehensive healthcare policies including medical and dental coverage, retirement plan options, paid time off and more! We also encourage a healthy work-life balance for all employees!
MINIMUM QUALIFICATIONS - GENERAL EXPERIENCE
Ten (10) years of experience as an actuary with an insurance company, an insurance regulatory agency, or in a consulting actuary's office performing actuarial insurance work.
MINIMUM QUALIFICATIONS - SPECIAL EXPERIENCE
Two (2) years of the General Experience must have included experience setting insurance rates and/or reserves for insurance companies or health care centers.
MINIMUM QUALIFICATIONS - SUBSTITUTIONS ALLOWED
1. College training in mathematics or statistics may be substituted for the General Experience on the basis of fifteen (15) semester hours equalling one-half (1/2) year of experience to a maximum of four (4) years.
2. A Master's degree in Mathematics or Statistics may be substituted for one (1) additional year of the General Experience.
The State of Connecticut, Department of Administrative Services (DAS) houses a number of distinct programs that comprise the business functions of state government, including information technology, human resources, procurement, facilities and real estate, construction services, fleet, workers compensation and more united in a common mission to:
Support Connecticut's Growth - To serve our citizens, businesses, state agencies and other branches of government by providing the highest quality services at the lowest possible cost.
Drive Continuous Innovation - To increase the efficiency and effectiveness of state government using best practices from the public and private sectors.
Provide Rewarding Careers - To attract and retain a workforce of talented, dedicated public servants committed to leading our great state forward.
As a State of Connecticut employee you may be entitled to a host of benefits that are not only attractive, but also may be portable should your career bring you to other avenues of state service. From 12 paid holidays to accruing vacation time, being a State of Connecticut employee not only gives you the opportunity to make a difference ...in someone’s life, but the time to enjoy your own. Listed below are just some of the benefits the State of Connecticut offers depending on the position you hold:
Health & Dental Insurance
Accrued Vacation, Personal and Sick Leave (Subject to the appropriate bargaining union contract or state statute and regulations.)
Group Life Insurance
Voluntary Defined Contribution Plans
Flexible Spending Accounts (Dependent Care Program, Medical Flexible Spending, and Qualified Transportation)
Supplemental Benefits Programs (Auto and Home Insurance, Short and Long Term Disability, Long Term Care Insurance)
State of CT Tuition Reimbursement Program