Do you have a passion for public service and enjoy making a difference? Don’t miss out on this opportunity. The Texas Department of Insurance (TDI) is hiring! Apply now if you’re looking for a rewarding career in public service. We regulate the insurance industry, administer the Texas workers’ compensation system, and educate and protect consumers.

You’ll love the benefits of working at TDI:

• Flexible work schedules.
• Hybrid telecommuting.
• Work-life balance.
• 96 hours of accrued vacation a year.
• 96 hours of accrued sick leave a year.
• 20+ holidays every year.
• Career advancement opportunities.
• Free parking.
• Free comprehensive medical insurance for full-time employees, and the state pays 50% of the premium costs for dependents.

Before you apply:

Click on the link to learn about our selection process, our military employment preference and licensing and credential requirements: www.tdi.texas.gov/jobs/apply.html

Actuary I (Actuary)

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 models for compliance; conducts in-depth analyses of the Texas insurance markets; and conducts various other analysis.

This position:

• Conducts actuarial review and analysis of property and casualty 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 model filings, underwriting guideline filings, and information submitted to comply with filing requirements or special data requests.
• Conducts research, assists with data calls, assists with data review and analysis, and assists with preparation of technical reports to monitor the insurance market.
• Develops actuarial and statistical exhibits.
• Performs other duties as assigned.

This position requires:

• Graduation from an accredited four-year college or university with degree in statistics, mathematics, actuarial science, risk management, or a related field.
• College transcript submitted with application.
• Professional exams passed toward associateship in the Casualty Actuarial Society must be listed in the application, resume, or cover letter.

Note:

Education and experience relevant to position requirements may be substituted for one another on a year-for-year basis.

Additional job details:

This position may be eligible for hybrid telecommuting. Employees must have a secure, dedicated workspace with Internet service, ability to maintain a reliable consistent work schedule, and be available for weekly meetings and group collaboration via Microsoft Teams and other applications during regular business hours.

Preferences for this position include:

• Experience in property and casualty insurance; and
• One exam toward associateship in the Casualty Actuarial Society

This position requires demonstrated knowledge of:

• Actuarial formulas, methods, and procedures.
• Loss reserving and pricing methods, assumptions, and calculations.
• Applicable laws, rules, regulations, policies, and procedures.

This position requires demonstrated skill in:

• Planning, decision-making and problem-solving.
• Effective oral and verbal communication.
• Applying actuarial principles and techniques.
• Using Microsoft Office software applications including Word, Excel, Access, and Outlook.
• Using standard office equipment.

This position requires the demonstrated ability to:

• Communicate clearly and concisely, both orally and in writing.
• Apply critical thinking.
• Establish and maintain effective working relationships with both internal and external customers.
• Develop, prepare, and present technical reports, correspondence, and presentations for consumers, public officials, industry representatives, and other groups.
• Research and solve problems.
• Interpret insurance rules, regulations, policies, and procedures.

Veterans:

Click or copy and paste this link into your browser: www.texasskillstowork.com for 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 veteran’s preference, you must submit the following documents, as applicable, with your application.

• Copy of the DD-214; member #4.
• Statement of compensation from the Veteran’s Administration or

• Copy of the DD1300.

Applicable Military Occupational Specialty (MOS) codes are included, but not limited to one of the following:

Military Occupational Specialty 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:

All applications must contain complete job histories, including job title, dates of employment, name of employer, manager’s name and phone number, and a description of duties performed. We may reject applications that do not include all of the required information. Resumes do not take the place of this required information.

Submitted through Work in Texas:

Work in Texas (WIT) applicants must complete the supplemental questions to be considered for the posting. To complete the supplemental questions, please go to CAPPS Career Center to register or log in and access your profile. Click on the following link or copy and paste it into your browser: https://capps.taleo.net/careersection/ex/jobsearch.ftl?lang=en