INSURANCE RATE & POLICY ANALYST III - DOWNTOWN, OAHU

Duties Summary

This position is located in the Rate and Policy Analysis (RPA) Branch of the Insurance Division of the Department of Commerce and Consumer Affairs. The RPA Branch is responsible for the development and implementation of systems and procedures for the conduct and analysis of rate and policy filings of all domestic, foreign and alien insurance companies for compliance with State insurance laws.

Insurance Rate & Policy Analysts examine and analyze policy provisions and rates for all classes of insurance, including the most difficult cases, and for all insurance organizations subject to State regulation for compliance with statutes, rules regulations, and to protect the public interest; conduct supporting research; recommend action by the supervisor or insurance commissioner on rates and policy provisions; and perform other related duties as assigned.

Minimum Qualification Requirements

• Legal Authorization To Work Requirement: The State of Hawaii requires all persons seeking employment with the government of the State shall be citizens, nationals, or permanent resident aliens of the United States, or eligible under federal law for unrestricted employment in the United States.
• Education: A bachelor's degree from an accredited college or university with six semester credits in statistics and/or mathematics.
• Specialized Experience: One and one-half (1-1/2) years of progressively responsible professional work experience in the analysis of insurance rates and policies including the examination of insurance rates and rating procedures for conformance with the insurance codes and rules and regulations and the examination of insurance policies for consistency, clarity, and proper coverage as required by the insurance codes and rules and regulations.
• Substitutions Allowed: Possession of a Chartered Life Underwriter (CLU) or Chartered Property and Casualty Underwriter (CPCU) certificate obtained through a written examination may be substituted for one-half (1/2) year of Specialized Experience. Successful completion of parts 3 through 6 of the Casualty Actuarial Society examinations may be substituted for two (2) years of Specialized Experience.

Note

Salary: $5,107 to $6,221 per month (SR-20, Step D to I)

Note: Hiring rates will be based on availability of funds, the applicant's qualifications, and other relevant factors.

Other Information

• The State of Hawai'i complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities.
• To qualify for the Public Service Loan Forgiveness (PSLF) Program, the individual must have made 120 qualifying payments while employed by a qualifying employer.
• The information provided above represents a summary of the complete Minimum Qualification Requirements. To view the Requirements in their entirety, please CLICK HERE.

Testing Information

The examination for this recruitment will be conducted on an unassembled basis where the examination score is based on an evaluation and rating of your education and experience. It is therefore important that your employment application provide a clear and detailed description of the duties and responsibilities of each position you held.

Public Service Loan Forgiveness (PSLF) Program

The PSLF Program is a federal program that is intended to encourage individuals to work in public service by forgiving the balance of their federal student loans. To qualify, the individual must have made 120 qualifying payments while employed by a qualifying employer.

To view more information, please click: https://studentaid.ed.gov/sa/repay-loans/forgiveness-cancellation/public-service

Electronic Notification to Applicants

The Department of Human Resources Development (HRD) will use electronic mail (email) to notify applicants of important information relating to the status and processing of their applications as part of our ongoing efforts to increase operational efficiency, promote the conservation of green resources, and minimize delays and costs.

Reasonable Accommodation

If you require reasonable accommodations in completing an application, any pre-employment testing, or otherwise participating in the selection process, please call 808-587-1111 for assistance.

Veterans Preference

The State of Hawai'i provides veterans preference in accordance with state and federal laws.

Examination Requirements

The information provided above represents a summary of the complete Minimum Qualification Requirements. To view the Requirements in their entirety, please CLICK HERE.

State Recruiting Office's Levels of Review

The information provided above represents a summary of the complete Minimum Qualification Requirements. To view the Requirements in their entirety, please CLICK HERE.