Actuary Reviewer - Insurance Compact

Job Description:

The Insurance Compact Commission has an exciting opportunity for an Actuary Reviewer. We are looking for a team member who would enjoy working for an organization that supports insurance regulators, consumers, and insurance companies by improving the efficiency and uniformity of product filing review and approval in the ever-changing insurance marketplace.The Actuary Reviewer is responsible for providing professional actuarial support to the collaborative review and approval of Compact product filings as efficiently as possiblein accordance with the Uniform Standards, Operating Procedures and other organizational processes and requirements. This team member provides actuarial support to the Product Operations of the Commission by responding to questions and providing guidance primarily on actuarial matters to current and potential company filers,regulators, and other Compact stakeholders. 

Are you driven toutilize your multi-tasking skills while delivering excellent service to build long-lasting rapport? If so, this is a perfect opportunity for you!This is a full-time position, remote position. 
 

Responsibilities include: 

• Applies sound actuarial principles,maintains actuarialqualifications and adheres to Actuarial Standards Board Standards of Practice. 

• Reviews product and rate filings ina timely, thorough manner todetermine compliance with applicable Uniform Standards, Rules,Operating Procedures and Filing Requirements. 

• Completes objection letters, actuarial checklists, correspondence, and filing documentation; follows through on responses andappropriately documents regulatory decisions. 

• Collaborates with actuaries, product reviewers, Compact leadership, and Product Operations team members to resolve actuarial questions, support workload management and promote consistent application of Uniform Standards. 

• Responds to pre-filing inquiries andassists with actuarial questions from company filers, regulators, insurers, consulting filers,consumers and other Compact stakeholders. 

• Provides actuarial guidance, training, presentations, background materials, and reports related to product filing requirements, reviewactivities and regulatory best practices. 

• Attends and supports Product Operations, Commission, Compact, NAIC committee and technical group meetings as needed to support organizational priorities and actuarial issue resolution. 

Minimum Education and/or experiencerequired: 

• Bachelor’s degree in actuarial science, Mathematics, Statistics, or similar degree from an accredited college or university and at least 2 years of actuarial experience working with annuities and/or life insurance. 

• Familiarity with Compact Uniform Standards 

• Life Associate Actuary:Must have anAssociate of the Society of Actuaries designation. 

Preferred Experience:  

• Experience with annuity and/or life insurance product development,pricing and compliance. Group and individual product experience. 
   

Systems & Technology Requirements 

• Microsoft SharePoint, Word, Outlook,Excel and other Microsoft Office products. 

• System for Electronic Rate and Form Filing (SERFF) 

Travel: 

This position requires regular, out-of-state, overnight travel in support of member meetings and events throughout the year.  

Compensation: 

Starting at $107,253 - $160,000, to becommensurate with experience and education.  

Sponsorship: 

Applicants mustbe authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visaat this time.  

Interested in learning more about the amazing benefits the NAIC offers? Visit ourBenefits page for more information.

The NAIC is proud to be an Equal Opportunity Employer 
 

Applicants for all positions are considered without regard to age, race, creed, color, religion, sex, sexual orientation, gender identity or expression, national origin or ancestry, marital status, pregnancy, genetic information, military or veteran status, disability, or any other basis protected by applicable law.