Senior Life Actuary
Under the general direction of the Chief Life Actuary, works independently on the most complex actuarial analysis projects. Provides actuarial support to other units within the Department. Analyzes and reviews financial statements, actuarial reports, and valuation data. Reviews policy forms and/or rates. May act as a lead person.
Occasional travel may be required within and/or outside the state of California via private or public transportation (i.e., automobile, airplane, etc.). Travel may include overnight stay.
This position is designated under the Conflict of Interest Code. The position is responsible for making or participating in the making of governmental decisions that may potentially have a material effect on personal financial interests. The appointee is required to complete Form 700 within 30 days of appointment. Failure to comply with the Conflict of Interest Code requirements may void the appointment.
Desirable Qualifications
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FSA or ASA and MAAA
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Strong communication skills
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Ability to multi-task
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Strong knowledge of life & annuities, health and long-term care insurance
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Strong knowledge to assess the financial condition, especially solvency, of life and health insurers
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Strong knowledge of asset adequacy testing requirements and premium deficiency tests
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Knowledge of cash flow projections and testing
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Knowledge of actuarial and statistical modelling methods
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Knowledge of field actuarial examinations
Examination Information
To obtain list eligibility for the Actuary Senior position(s), you must first take the online Exam.