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TDI - Property & Casualty - Actuary III

Texas Commission on Environmental Quality · Austin, CO · Yesterday
FinanceFull-time

Job Description

This position is in the Property and Casualty Actuarial Office of the Property and Casualty Division. The Actuarial office provides actuarial review of rate and rule filings; reviews credit scoring models for compliance; conducts in-depth analyses of the Texas insurance markets; and conducts various other analysis.

  • Conducts actuarial review and analysis of property and casualty rate filings to ensure compliance with the Texas Insurance Code and Texas Administrative Code.
  • Prepares summaries of findings and makes recommendations for approval or disapproval of regulated rates.
  • Reviews and evaluates ratemaking techniques and their appropriateness in developing rates for various lines of insurance.
  • Reviews actuarial opinions, reports, and memorandums in rate and rule filings, form filings, credit scoring model filings, underwriting guideline filings, and information submitted to comply with filing requirements or special data requests.
  • Conducts research, data review, and analysis.
  • Prepares technical reports to monitor the insurance market.
  • Reviews and implements legislation with regard to actuarial matters.

Minimum Qualifications

  • Graduation from an accredited four-year college or university with degree in statistics, mathematics, actuarial science, risk management, or a related field.
  • Three years of experience in the actuarial field and four exams toward associateship in the Casualty Actuarial Society; exams must be listed in the application, resume, or cover letter.
  • Regular work attendance.
  • Travel may be required for up to 5% of the time. If travel is 10% or over, you must maintain a state of Texas Driver's License.

Knowledge/Skills/Abilities

  • Demonstrated knowledge of: State laws, rules, procedures, and regulations relevant to job requirements.
  • Actuarial formulas, methods, and procedures.
  • Loss reserving and pricing methods, assumptions, and calculations.
  • Problem solving and critical thinking.
  • Using Microsoft Office software applications, including Word, Excel, Outlook, and SharePoint.
  • Using personal computers sufficient to enter and extract data from related systems and programs such as Centralized Accounting Payroll and Personnel (CAPPS) and other systems required to perform the job.
  • Using standard office equipment.
  • Applying actuarial principles and techniques.

Military/Veteran Information

Note: Education and experience relevant to position requirements may be substituted for one another on a year-for-year basis. Military Employment Preference: Get help translating your military work experience and training courses into civilian job terms, qualifications/requirements, and skill sets. Redact personal or sensitive information from all attachments. To receive a military employment preference, you must submit the required documents, as applicable, with your application. See Military Employment Preferences. Applicable Military Occupational Specialty (MOS) codes are not available at this time. Click or copy and paste the following link into your browser to access Military Crosswalk information: http://www.hr.sao.texas.gov/Compensation/MilitaryCrosswalk/MOSC_Insurance.pdf.

How To Apply

You may apply through CAPPS Agency Career Site or Work in Texas (WIT). The following information is required with your submission: Employment history (month and year), Duties and responsibilities, Education, Certifications, Licenses, Employment questions. We may reject submissions that do not include all the required information. If you are applying through WIT, log into CAPPS Agency Career Site to access employment questions and review your submission.

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