Remote Casualty Actuary - Rate Regulation & Analytics

Do you enjoy working in a fast-paced Remote Centered environment with variety in your work? The California Department of Insurance (CDI) is seeking a dynamic Casualty Actuary with experience performing reviews of pending rates, PPA class plans and rules.

If this is you, then CDI may be the employer for you!

Under the direction of the Supervising Casualty Actuary, the Casualty Actuary works on complex actuarial analysis projects. Specifically, the Casualty Actuary performs a variety of consultative and analytical assignments associated with aspects of Property and Casualty insurance rate regulation. In addition, the Casualty Actuary provides support for assignments requested by or in concert with the Commissioner and other Department branches, as required.

• The incumbent must be able to work in a high-rise building.
• The incumbent may telework in accordance with CDI's Telework Policy. Teleworking employees may be required to report to their headquarters office location on designated telework days.
• Travel expenses are not reimbursed, however other authorized transit subsidies do exist for those who qualify.

• ACTUARY

• Review pending rates, PPA class plans, and rules.
• Conduct complex actuarial analysis projects for Property and Casualty rate regulation.
• Provide support for assignments requested by or in concert with the Commissioner and other Department branches.

• Actuarial Standards of Practice promulgated by the American Academy of Actuaries.
• Experience in developing or reviewing rates for P/C lines of insurance while possessing an ACAS.
• Effective written, verbal and presentation skills.
• Proficiency in Microsoft Office including Excel.
• Business acumen including understanding of how the insurance industry and the Department interact.
• Knowledge of the California Insurance Code, California Code of Regulations and policies.
• Experience with stochastic models and scoring catastrophe models for wildfire, fire following earthquake, earthquake, and flood.
• Experience with predictive models such as GLMs, GAMs, decision trees, ensemble methods, boosting, random forests, neural networks, and other machine learning applications.
• Experience with Access, R, SAS, VBA, SQL, Python, EMBLEM or other programming language or software.
• Certified Specialist in Predictive Analytics (CSPA) designation from The CAS Institute.
• Certified Specialist in Catastrophe Risk (CSCR) or Certified Catastrophe Risk Management Professional (CCRMP) designation from The CAS Institute.

• Flexible work hours.
• Remote work options.
• Medical benefits including health, dental, and vision insurance.
• Employee wellness program.
• Employee assistance program.
• On‑the‑job training.
• Career services program.
• Recognition program.
• Paid holidays and leave.
• Defined benefit retirement program.
• Savings Plus Program (401(k), 457).
• Annual performance‑based salary increase of up to 5% until the maximum salary is reached.

Department Website:

Classification & Consultation Unit:

The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (including pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.

It is an objective of the State of California to achieve a drug‑free workplace. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.