What are the responsibilities and job description for the Actuarial Analyst - Administration - PEIA - Kanawha Co. position at West Virginia?
Join the exciting team of PEIA as our Actuarial Analyst. Apply advanced level mathematical, statistical and actuarial methods in the performance of actuarial functions. This is an important role in working for all state agencies, county board of education, colleges and universities, and participating non-state agencies. You will work with the contracted actuary firm for the PEIA/RHBT Finance Board.
Assist in reserving analysis for PEIA and RHBT ‘s plans using actuarial toolsSupport actuarial reporting, ensuring accuracy and quality in data analysis.
Provide analytical support for pricing evaluations and rate setting.
Contribute to program reviews and assist in analyzing new plan opportunities.
Collaborate with other teams to enhance data-driven decision making and support actuarial data needs
Participate in data development projects, improving internal databases and analytical capabilities.
Engage in special projects and initiatives as assigned.
Develops and prepares actuarial analysis of rates and rating plans for PEIA and RHBT; prepares formal recommendations concerning changes in rates and rating plans based on such analyses.
Prepares correspondence, reports and required exhibits in connection with required reporting of the plans, including necessary follow-up when such reports are questioned, challenged or otherwise not promptly approved as submitted.
Performs special actuarial projects as assigned.
Performs calculations for the establishment of IBNR (incurred but not reported) loss reserves for PEIA and RHBT.
Click The APPLY Link To Apply Online.
IMPORTANT: Your eligibility will be based on information provided in your resume or application; therefore, make sure your resume or application is detailed and complete. You MUST complete ALL parts of the application OR upload a resume to your submission.
ATTENTION: Applicant must verify post high school education by submitting an official transcript or diploma, training or licensure earned pertaining to this position by the closing date of the posting, if not previously verified. If you are claiming Veterans preference, please submit "MEMBER 4" form and/or your VA Letter. Protecting your personal information is our highest priority. If your official transcript, training/licensure, or Veterans documentation contains your Social Security Number and/or birthdate, please redact that information before submitting it to the Division of Personnel.
Please attach documents to the online application before submitting it. Or, you may email it to: applicantservices@wv.gov or by mail to: WV Division of Personnel, 1900 Kanawha Blvd. E., Building 3, Suite 500, Charleston, WV 25305.
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Education: Bachelor's degree from a regionally accredited college or university.
Experience: 1-3 years full-time or equivalent part-time paid experience related to mathematics, statistics, actuarial science, business administration, economics, finance, insurance, accounting, or a related field.
Education & Experience Substitution: N/A
Certificates, Licenses, Registrations: Some positions may require the completion of an exam in the area of assignment.
For the Public Employees Insurance Agency Special Requirement: Completion of an examination in the area of assignment sponsored by the Society of Actuaries or, upon appointment, incumbent will be required to begin an examination track sponsored by the Society of Actuaries related to the area of assignment.
***The Division of Personnel uses your complete work history to qualify you for positions. Please be as detailed as possible and list all of your past employment.***
Salary : $48,098 - $84,558
