Job Description

Requisition No: 854005 

Agency: Office of Insurance Regulation

Working Title: ACTUARIAL ANALYST- 43001180

 Pay Plan: Career Service

Position Number: 43001180 

Salary: 53,000.04 

Posting Closing Date: 12/10/2025 

Total Compensation Estimator 

The Florida Office of Insurance Regulation (OIR) strives to promote a stable and competitive insurance market for consumers. With a workforce of approximately 250 staff members, OIR regulates one of the largest, most complex insurance markets in the world.

OIR offers a range of challenging and rewarding opportunities for individuals looking to grow in their career and offers a wide variety of top insurance industry-related courses and professional certifications to ensure that its staff has the industry knowledge needed to succeed. OIR employees also have access to the State of Florida's tuition waiver program, which offers educational assistance to all full-time, salaried employees.

Brief Description of Duties and Responsibilities:  
As a State Agency, the OIR offers excellent benefits such as health insurance, dental insurance, vision insurance, retirement plans, flexible spending accounts, health savings accounts, and much more. The OIR also offers annual and sick leave, a generous holiday schedule, and flexible work schedules.

• Assist supervising actuary in the preparation of recommendations based on actuarial analysis of rate and rate-related filings.
• Perform actuarial calculations of life and health rate filings to determine whether or not rates are excessive, inadequate or unfairly discriminatory and in compliance with statutory requirements.
• Review life and health insurance rate filings to determine compliance with state insurance laws that rates not be excessive, inadequate or unfairly discriminatory.
• Research, prepare and submit data to support recommendations relative to actuarial analysis.
• Prepare data summaries, extracts, and analysis for reports generated by the Actuary, including written documentation as requested.
• Summarize, reconcile, and analyze data used in financial examinations of companies. Assist in preparing correspondence and monitoring responses.
• Design, collect, analyze and review statutorily required reporting forms. Correspond with external sources to insure compliance with legislation as interpreted by the Department. Use standard statistical formulae and analytical procedures for use in analyzing rate filings.
• Maintain all manuals, databases, and logs related to assigned rate filings. Recommend changes needed to improve reliability and/or availability of data.
• Perform other related duties as assigned by supervising actuary, the Division Director, his/her designee, or upper management.

Minimum Qualifications for this position include the following REQUIRED ENTRY LEVEL KNOWLEDGE, SKILLS, AND ABILITIES: 

• Knowledge of insurance, probability, and statistics
• Knowledge of ratemaking principles
• Ability to use Excel, Microsoft Word, or comparable word processing application (version in use as Department standard)
• Ability to communicate effectively both verbally and in writing
• Ability to organize, document and present data in a logical format
• Ability to write reports
• Ability to maintain effective working relationships with others
• Skills in use of personal computer/Windows and Internet navigation

Minimum Education and/or Experience

1. Bachelor's degree from an accredited college or university with a major course of study in Actuarial Science; OR
2. Bachelor's degree from an accredited college or university with a major course of study in Mathematics, Statistics, Insurance/Risk Management, or Finance and completion of at least one (1) exam of the Society of Actuaries/Casualty Actuarial Society exam syllabus; OR
3. Bachelor's degree from an accredited college or university with a major course of study in Mathematics, Statistics, Insurance/Risk Management, or Finance and two (2) years professional experience in compiling and analyzing actuarial or statistical data; OR
4. Master's degree with a major course of study in Mathematics, Statistics, Insurance/Risk Management, or Finance and one (1) year of experience as described above.

THIS POSITION WILL BE FILLED AT THE ANNUAL SALARY OF $53,000.04

Quaified applicants will be required to take a work sample.

The State of Florida is an Equal Opportunity Employer/Affirmative Action Employer, and does not tolerate discrimination or violence in the workplace.

Candidates requiring a reasonable accommodation, as defined by the Americans with Disabilities Act, must notify the agency hiring authority and/or People First Service Center (1-866-663-4735). Notification to the hiring authority must be made in advance to allow sufficient time to provide the accommodation.

The State of Florida supports a Drug-Free workplace. All employees are subject to reasonable suspicion drug testing in accordance with Section 112.0455, F.S., Drug-Free Workplace Act.

VETERANS’ PREFERENCE. Pursuant to Chapter 295, Florida Statutes, candidates eligible for Veterans’ Preference will receive preference in employment for Career Service vacancies and are encouraged to apply. Certain service members may be eligible to receive waivers for postsecondary educational requirements. Candidates claiming Veterans’ Preference must attach supporting documentation with each submission that includes character of service (for example, DD Form 214 Member Copy #4) along with any other documentation as required by Rule 55A-7, Florida Administrative Code. Veterans’ Preference documentation requirements are available by clicking here . All documentation is due by the close of the vacancy announcement. 

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