Works under minimal direction with considerable latitude for the use of initiative and independent judgment. Conducts actuarial examinations of companies. Reviews actuarial opinions, reports, and memorandums. Reviews annual statement actuarial items and reviews reinsurance agreements and mergers. Evaluates rate-making techniques and their appropriateness in developing rates for various lines of insurance.
Monitors reserve and nonforfeiture values.
Prepares actuarial examination reports. Assesses the impact of existing and proposed legislation or policies on agency programs with regard to actuarial matters and provides input on rules and proposed legislation. Instructs staff on actuarial methods and procedures. Performs related work as assigned. Graduation from an accredited four-year college or university with major course work in statistics, mathematics, actuarial science, or a related field is generally preferred.