Actuary - Life and Health

Join a dynamic actuarial team within a traditional and supportive work environment.

This position will support all Life and Health insurance business and will be structured to fit the experience level of the candidate.

Responsibilities include, but are not limited to:

• Review Life and Health annual statement submissions for actuarial compliance and company solvency.
• Review Long-Term care and Medicare Supplement rate increase filings and recommend approval or denial of requested rate increase.
• Provide actuarial support to the Louisiana State Legislation.
• Provide other actuarial support as needed to the financial analysts, financial examiners and other Department staff as needed.

Experience/Skills Required:

• Desire to impact the insurance industry in a meaningful way, stay advised of industry trends, and keep current on new techniques.

• Exchanges ideas and conveys complex information clearly and concisely, both verbally and in writing, to other actuaries and non-actuaries alike.
• Strong analytic skills with solid understanding of Life and Health pricing and reserving.
• Ability to work on multiple projects and prioritize work without extensive direction from supervisor.
• Knowledge of:
  • Life and Health statutory reserves, Statement of Actuarial Opinion and Actuarial Memorandum.
  • Actuarial structure of Long-Term Care and Medicare Supplement pricing and rate increases.
  • Life and Health insurance operations.
  • Current activity of the Life and Health actuarial committees of the NAIC.
  • Familiarity with, and the ability to utilize, various business software applications.
• FSA, ASA or near ASA will be considered.
• Five years or more actuarial experience.

Please mention you found this employment opportunity on the CareersInGovernment.com job board.

Additional Salary info: 

Based on qualifications. Position will be structured to fit the experience level of the candidate. Benefits include flexible work schedules, leave days, health insurance and a good defined benefit pension plan.

About Louisiana Department of Insurance:

The Louisiana Department of Insurance (LDI) works diligently to balance the needs of insurance consumers with the insurance industry’s need to run a competitive business. As a regulator, the LDI enforces the laws that provide a fair and stable marketplace with transparent rules so that one insurer does not have an unfair competitive advantage over any other insurers. The LDI also works to make certain that insurers comply with all the laws in place to protect policyholders.

Louisiana boasts an attractive cost of living along with a passion for food, history, culture, and great outdoors. The LDI is located on Capitol Lake in Baton Rouge.