Actuary Health

Position: Actuary - Life , Health
** Agency
* * Dept of Insurance
** Division
* * Administration
* * Job Classification Title
** Actuary - Life & Health (NS)
** Position Number
**** Grade
* * NC25

The mission of the North Carolina Department of Insurance is to promote a stable insurance market through unbiased regulation and to protect the lives and property of every citizen in all 100 counties while fostering superior, user-friendly service, courtesy, and respect. Our agency licenses insurance agents, adjusters, bail bondsmen and more, along with investigating fraud matters involving insurance consumers and any entity or individual regulated by the Department.

In an ever-changing environment, it is the vision of the Department of Insurance to maintain the stabilization of the insurance industry in order to provide more products, competitive prices and consumer protection.
** Description of Work
** Recruitment Range: $86,258 - $150,000  Salary Grade: NC25    The posting will close at 11:59 p.m. the night before the closing date.
This position currently qualifies for a hybrid telework option with routine office and remote workday. The NC Department of Insurance trusts our employees to be self-motivated and successful in hybrid/remote roles. Telework options are subject to change at the discretion of management.
The North Carolina Department of Insurance's mission is to promote a stable insurance market through unbiased regulation and to protect the lives and property of every citizen in all 100 counties while fostering superior, user-friendly service, courtesy, and respect.
North Carolina Department of Insurance offers rewarding careers in a number of different fields that helps us protect consumers and regulate the insurance industry in North Carolina. But that’s not all that we do! NCDOI also investigates insurance fraud. We set standards for and inspect fire stations, regulate engineering codes and work with building inspectors in every corner of North Carolina.
If you’re interested in a career that will help make North Carolina a safer and better place to live while working with some of the best professionals in the industry, apply today!  For more information about NCDOI: http://(Use the "Apply for this Job" box below).      Provides technical life and health actuarial support to the Life & Health Division, Financial Evaluation Division. Secondary actuarial support is provided to Life & Health Division, Consumer Services Division, Field Audit Division, and Legal Division of the Insurance Department under the limited supervision of the Chief Actuary for the Insurance Department.
Primary Purpose of the Position:  This position will assemble and analyze data to estimate the probability and likely cost of the occurrence of an event such as death, sickness, injury, or disability. Positions are responsible for providing consultation and professional recommendations to various divisions within an agency or department. The range of duties includes, but is not limited to, reviewing data/information and making recommendations concerning rate, rule and policy form filings;

reviewing Statements of Actuarial Opinion and advising of any deficiencies; participating in rate hearings including expert witness testimony as required; conducting surveys or data calls of insurers; providing consultation and recommendations concerning proposed legislation, new insurers, and consumer-related issues; support rate setting, financial budgeting and forecasting, clinical policy and aid in the design of benefit structures, reimbursement standards and the effects of proposed practices and standards on the cost of healthcare.

Positions may perform additional duties as assigned by supervisor.
** Knowledge

Skills and Abilities

/Management Preferences
**** Knowledge, Skills, and Abilities / Management Preferences
** Effective July 1, 2025, candidates now meet the minimum qualifications of a position if they have the minimum education and experience listed from the class specification. The knowledge, skills, and abilities listed in the vacancy announcement should be used as management preferences and be used to screen for the most qualified pool of applicants.
***** Considerable level of professional…