Mass.gov
ACTUARY - (Job Number: 230007B3)
This job is now closed
Job Description
- Req#: 699627
!*!Attention applicants: Do not apply for this position via the MassCareers website. Your application will not be received.
To apply, follow the link below to the Attorney General’s Office direct application page.
https://ago-ma.igreentree.com/CSS_External/CSSPage_Welcome.ASP
Actuary
Public Protection & Advocacy Bureau
Insurance & Financial Services Division
The Attorney General’s Office is looking for an Actuary to work in the Insurance & Financial Services Division (IFSD) which reviews insurance rate filings, litigates administrative insurance rate cases, provides consumer assistance, analyzes data regarding financial services issues and practices, and enforces laws regarding insurance, investment, and lending.
Primary Duties: Review individual insurance company and industrywide rate filings for various lines of insurance, including private passenger auto, commercial auto, homeowners, and workers’ compensation, and evaluate the support for rate changes proposed by insurers. Participate in insurance rate proceedings, including reviewing and analyzing insurance rate filings, identifying rating issues, assisting attorneys in cross-examination of witnesses, and assisting with the preparation of discovery and testimony. The actuary will have the opportunity to give testimony in administrative rate cases themselves but is not required to do so. Other primary duties include performing market-wide studies on overall rates, including evaluating the effects on low-income and minority population areas with respect to accessibility and affordability, providing technical analysis and support to IFSD investigations, including those relating to securitizations, lending, and investments, and other matters, and educating attorneys regarding various actuarial and mathematical issues.
Position Type & Schedule: This is a Full-Time/Exempt position. Our hybrid model includes some telework days each week for most positions.
Salary: $120,000, based on experience.
To apply for this position: Please visit the Employment and Recruitment Portal of the Attorney General’s Office at: https://ago-ma.igreentree.com/CSS_External/CSSPage_Welcome.ASP and apply directly. Applications submitted via MassCareers website are not received. Our hybrid model includes some telework days for most positions.
You will be asked to submit a cover letter and resume when applying for this position. The application deadline is July 13, 2023.
Qualified individuals with disabilities are encouraged to apply. We will gladly assist applicants in need of an accommodation. For assistance, contact the Human Resources Division at (617) 963-2041.
Do not select MassCareers “apply online” option to apply for this position. Applications submitted via this MassCareers website are not received by our Office.
Inquiries regarding position & status may be made to:
Gia Kim, Managing Administrative Assistant
Insurance & Financial Services Division
(617) 963-2390
!*!Position Requirements: Associate of the Casualty Actuarial Society (ACAS) or Fellow of the Casualty Actuarial Society (FCAS) credentials with over five years actuarial experience in the property and casualty industry. The successful candidate will be able to demonstrate a connection to the people and communities we serve, including historically marginalized communities, and an interest in supporting a respectful and inclusive work environment. Applicants with a strong work ethic and an interest in economic and social justice are encouraged to apply. Applicants must have proficiency with data analysis and data analytic tools, be highly motivated, intellectually curious, and able to quickly learn new and complicated subject areas. Attentiveness to detail is a must. Familiarity with the financial services industry, including mortgages, student lending, and auto loans is a plus, as is prior interaction with insurance regulators or familiarity with insurance regulatory rate processes. Proficiency in Microsoft Excel is required. Applicants must be comfortable working autonomously, but also as part of a team. We seek an individual who is highly motivated to work in the public interest.
The Attorney General’s Office is an Equal Opportunity Employer. As the representative of the Commonwealth and its residents, the Attorney General’s Office strives to ensure that those working in our office reflect the diversity of the communities we serve. The Office encourages applicants from a broad spectrum of backgrounds to apply for positions.
Do not select MassCareers “apply online” option. Any automated message generated by the Commonwealth of Massachusetts MassCareers website does not apply to posted positions at the Attorney General’s Office. You must apply directly at: www.mass.gov/ago/employment.
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