Actuary Senior

Under the general direction of the Chief Health Actuary, works independently on the most complex actuarial analysis projects. Provides actuarial support to other units within the Department. Analyzes and reviews financial statements, actuarial reports, and experience and valuation data. Reviews premium rate filings. May present findings directly to senior staff.
EXAMINATION INFORMATION Step 1 - If you have not taken the Actuary Senior 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.
Step 2 - Submit your application including all required documents, by using the "Apply Now" button found at the top of this bulletin.
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.
You will find additional information about the job in the Duty Statement.
Working ConditionsMay work in a high rise building. Eligible for telework in accordance with CDIs Telework policy. Government Code 14200 for eligible applicants must reside in California. 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. Occasional travel may be required within and/or outside the State of California via private or public transportation (i.e., automobile, airplane, bus, train, etc.). Travel may include overnight stay(s). Overtime may be required.
Minimum RequirementsYou will find the Minimum Requirements in the Class Specification.
ACTUARY SENIORThe California Department of Insurance is looking for a highly motivated team player to join the POLICY & LEGISLATION BRANCH Health Actuarial Office.
If you want to be part of a fast-paced collaborative team in a HYBRID environment, we want to hear from you!
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.
Copy of BA degree - if applicable to meet minimum qualificationsResumeExam list eligibility - refer to exam link above.Application InstructionsCompleted applications and all required documents must be received or postmarked by the Final Filing Date in order to be considered. Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application. Final Filing Date: 9/18/2024
Who May ApplyIndividuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list or LEAP eligibility, are in the process of obtaining list eligibility, or have SROA and/or Surplus eligibility (please attach your letter, if available). SROA and Surplus candidates are given priority; therefore, individuals with other eligibility may be considered in the event no SROA or Surplus candidates apply. Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process. Applicants must meet the Minimum Qualifications stated in the Classification Specification(s).
How To ApplyComplete Application Packages (including your Examination/Employment Application (STD 678) and applicable or required documents) must be submitted to apply for this Job Posting. Application Packages may be submitted electronically through your CalCareer Account at www.CalCareers.ca.gov. When submitting your application in hard copy, a completed copy of the Application Package listing must be included. If you choose to not apply electronically, a hard copy application package may be submitted through an alternative method listed below:
Address for Mailing Application PackagesYou may submit your application and any applicable or required documents to:
Department of Insurance
Attn: Classifications & Consultation
Human Resources Management Division
300 Capitol Mall, 13th Floor
Sacramento, CA 95814
Address for Drop-Off Application PackagesYou may drop off your application and any applicable or required documents at:
Department of Insurance
Classifications & Consultation
Human Resources Management Division
300 Capitol Mall, 13th Floor
Sacramento, CA 95814
08:00 AM - 05:00 PM
Required Application Package DocumentsThe 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 www.CalCareers.ca.gov. 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.Other - All interested applicants are required to submit a Cover Letter with the application.Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting.
Desirable QualificationsIn 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:
Ability to multi-task.Experience in reviewing and analyzing historical and projected claims and expenses.Experience in reviewing and analyzing health insurance rate filings for large group, small group, Medicare Supplement, dental and supplemental disease.Experience in providing actuarial opinions and projections of proposed premium rates filed by the health plan to determine compliance with statutory requirements.Possess a high degree of initiative, professionalism and the ability to interact effectively with internal and external stakeholders.Strong organizational skills.Ability to be flexible in response to changing workload.CDI offers many benefits including the following:
Medical Benefits - including health, dental, and vision insuranceEmployee Wellness ProgramEmployee Assistance ProgramOn the Job TrainingPaid Holidays and leaveDefined benefit retirement programSavings Plus Program (401(k), 457)Commute ProgramMedical/Dependent Care Reimbursement AccountsThe Human Resources Contact is available to answer questions regarding the position or application process.
Department Website: http://www.insurance.ca.gov
Please direct requests for Reasonable Accommodations to the interview scheduler at the time the interview is being scheduled. You may direct any additional questions regarding Reasonable Accommodations or Equal Employment Opportunity for this position(s) to the Department's EEO Office.
Equal Opportunity EmployerThe State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.
It is an objective of the State of California to achieve a drug-free workplace. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.
Application Methods: Electronic (Using your CalCareer Account), By Mail, Drop-off

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