Sabaidee Community Members!
The State of Illinois is accepting application for the following position Actuarial Examiner with the Department of Insurance/Financial?Corporate Regulators/ LAH Actuarial/Examination. If interested please contact link or person below.
An Equal Opportunity Employer
OPENING DATE: 12/16/13
CLOSING DATE: 12/30/13 05:00 PM
DESCRIPTION OF DUTIES/ESSENTIAL FUNCTIONS:
Under direction of the Life & Health Examination Actuary, performs complex mathematical calculations, risk analysis and statistical tests in the conduct of actuarial analysis and examination of life, accident and health insurance companies; examines company assets and liabilities through the application of actuarial science to determine compliance with Illinois laws and Department rules and regulations; reviews and analyzes company annual statements for adequacy of reserves and appropriateness of reporting technique. Duties of this position are conducted at the insurance company site which requires extensive travel by the position incumbent.
Requires knowledge, skill and mental development equivalent to the completion of four years of college, including 21 semester hours of coursework in mathematics and/or actuarial science; requires one year of professional experience in conducting actuarial examinations of insurance companies, or completion of an approved training program. Requires working knowledge of insurance company contracts and policies; insurance code and Illinois laws pertaining to insurance; higher mathematics as related to actuarial problems; actuarial procedures and of the formulae used in making actuarial computations. Requires ability to make actuarial computations and analyze those made by insurance companies; maintain actuarial records and files. Prefers basic business computer skills. Requires the ability to travel.
WORK HOURS & LOCATION/AGENCY CONTACT
Work Hours: 8:30 A.M. – 5:00 P.M.
In compliance with the Americans with Disabilities Act and the Illinois Human Rights Act, State agencies must ensure that the employment process is accessible to persons with disabilities. Specifically, these laws require that the State provide reasonable accommodations upon request by individuals participating in all steps of the employment process. This includes the State of Illinois Rutan interview process.
Current State Employees: Submit an Official Position Vacancy Bid Form and CMS 100 Employment Application to the Agency Contact address listed above. A separate Bid form and Application is required for each Posting/Bid ID or your bid will be rejected. Current state employees seeking a promotion should also submit a CMS 100B Promotional Application to CMS (address found in upper right corner of CMS 100B form). If you are a current State employee wishing to transfer, you must submit an Employee Transfer Request form. If no Employee Transfer Request form is submitted, you will not be considered for the position.
HOW TO APPLY
This position may require a current grade from Central Management Services (CMS), Division of Examining and Counseling, to be deemed qualified and available for employment consideration. For more information, please refer to the Work4Illinois website at Work.Illinois.Gov and select ‘Application Procedures’. Additional information may also be obtained from the Agency Contact listed above or by contacting CMS, Division of Examining and Counseling at Work4Illinois@Illinois.gov or (217) 782-7100, (217) 785-3979 (TDD/TTY), (800) 526-0844 (TTY Only).
Additional Documentation for Actuarial Examiner:
These documents are in PDF format and can be viewed using Adobe Reader.
NOTE: Salary amounts shown are only to be used as a guide; actual salary will be determined at the time of hire based on current salary plans and/or collective bargaining agreements, if applicable.