Actuarial Associate Trainee Apply
THE POSITION
Are you interested in an exciting career opportunity? Become an Actuarial Associate Trainee with the Pennsylvania Insurance Department. In this training program, you will assist with the performance of actuarial analysis and learn how to perform limited and basic life and health insurance companies or property and casualty insurance companies actuarial analysis. Join our dedicated team of professionals and advance your career. Apply with us today!
DESCRIPTION OF WORK
In this role, you will be participating in a training program designed to develop technical competence in the understanding and application of basic actuarial standards and procedures. Focus will be on conformity to Pennsylvania insurance laws related to the analysis of life and health or property and casualty insurance rates, rating procedures, rating plans, schedules and rules.
As part of the training, you will review, approve, or disapprove rate and/or rule filings under the direct supervision of the Actuarial Supervisor, assist with the review of statutory statistical plans, and assist in the preparation of information and testimony to be used in administrative hearings and court proceedings. You will assist with research, the administration of data calls, and have the opportunity to increase insurance and actuarial knowledge and skills through seminars, webinars, literature and other available resources.Work Schedule and Additional Information:
- Full-time employment.
- Work hours are 7:30 am to 4:00 pm, Monday - Friday, with 60-minute lunch.
- Telework: You may have the opportunity to work from home (telework) full-time, 1 day per month in the office. In order to telework, you must have a securely configured high-speed internet connection. If you are unable to telework, you will have the option to report to the headquarters office in Harrisburg.
- Salary: In some cases, the starting salary may be non-negotiable.
- You will receive further communication regarding this position via email. Check your email, including spam/junk folders, for these notices.
REQUIRED EXPERIENCE, TRAINING & ELIGIBILITY
QUALIFICATIONS
Minimum Experience and Training Requirements:
Minimum Experience and Training Requirements:
- Completion of one part of the Society of Actuaries examination or Casualty Actuarial Society examination; or
- An associate degree that includes 12 college credits in actuary science, data science, finance, economics, mathematics, statistics, or a closely related field; or
- An equivalent combination of experience and training that includes 12 college credits in actuary science, data science, finance, economics, mathematics, statistics, or a closely related field.
Other Requirements:
- You must meet the PA residency requirement. For more information on ways to meet PA residency requirements, follow the link and click on Residency.
- You must be able to perform essential job functions.
How to Apply:
- Resumes, cover letters, and similar documents will not be reviewed, and the information contained therein will not be considered for the purposes of determining your eligibility for the position. Information to support your eligibility for the position must be provided on the application (i.e., relevant, detailed experience/education).
- If you are claiming education in your answers to the supplemental application questions, you must attach a copy of your college transcripts for your claim to be accepted toward meeting the minimum requirements. Unofficial transcripts are acceptable.
- Your application must be submitted by the posting closing date. Late applications and other required materials will not be accepted.
- Failure to comply with the above application requirements may eliminate you from consideration for this position.
Veterans:
- Pennsylvania law (51 Pa. C.S. 7103) provides employment preference for qualified veterans for appointment to many state and local government jobs. To learn more about employment preferences for veterans, go to www.employment.pa.gov/Additional%20Info/Pages/default.aspx and click the Veterans Preference tab or contact us at ra-cs-vetpreference@pa.gov.
Telecommunications Relay Service (TRS):
- 711 (hearing and speech disabilities or other individuals).
If you are contacted for an interview and need accommodations due to a disability, please discuss your request for accommodations with the interviewer in advance of your interview date.
The Commonwealth is an equal employment opportunity employer and is committed to a diverse workforce. The Commonwealth values inclusion as we seek to recruit, develop, and retain the most qualified people to serve the citizens of Pennsylvania. The Commonwealth does not discriminate on the basis of race, color, religious creed, ancestry, union membership, age, gender, sexual orientation, gender identity or expression, national origin, AIDS or HIV status, disability, or any other categories protected by applicable federal or state law. All diverse candidates are encouraged to apply.
EXAMINATION INFORMATION
- Completing the application, including all supplemental questions, serves as your exam for this position. No additional exam is required at a test center (also referred to as a written exam).
- Your score is based on the detailed information you provide on your application and in response to the supplemental questions.
- Your score is valid for this specific posting only.
- You must provide complete and accurate information or:
- your score may be lower than deserved.
- you may be disqualified.
- You may only apply/test once for this posting.
- Your results will be provided via email.
Learn more about our Total Rewards by watching this short video!
Health & Wellness
We offer multiple health plans so our employees can choose what works best for themselves and their families. Our comprehensive benefits package includes health coverage, vision, dental, and wellness programs.*
Compensation & Financial Planning
We invest in our employees by providing competitive wages and encouraging financial wellness by offering multiple ways to save money and ensure peace of mind including multiple retirement and investment plan options.
Work/Life Balance
We know theres more to life than just work! Our generous paid leave benefits include paid vacation, paid sick leave, six weeks of paid parental leave, military leave, and paid time off for most major U.S. holidays, as well as flexible work schedules and work-from-home opportunities.*
Values and Culture
We believe in the work we do and provide continual opportunities for our employees to grow and contribute to the greater good. As one of the largest employers in the state, we provide opportunities for internal mobility, professional development, and the opportunity to give back by participating in workplace charitable giving.
Employee Perks
Sometimes, it is the little extras that make a big difference. Our employees receive special employee-only discounts and rates on a variety of services and memberships.
For more information on all of these Total Rewards benefits, please visit www.employment.pa.gov and click on the benefits box.
- Eligibility rules apply.
