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Actuary Reviewer - Insurance Compact

Role overview

Qualifications

  • Bachelor’s degree in actuarial science, Mathematics, Statistics, or similar
  • At least 2 years of actuarial experience with annuities and/or life insurance
  • Associate of the Society of Actuaries designation
  • Familiarity with Compact Uniform Standards

Responsibilities

  • Applies actuarial principles and adheres to Actuarial Standards Board Standards of Practice
  • Reviews product and rate filings for compliance with applicable standards
  • Completes objection letters, actuarial checklists, and filing documentation
  • Collaborates with other stakeholders to resolve actuarial questions and promote uniform standards

Key facts

Other skills

  • Microsoft Word
  • Microsoft Outlook
  • Microsoft Excel
  • Multitasking
  • Communication
  • Problem Solving

About the company

National Association of Insurance Commissioners (NAIC) logo

National Association of Insurance Commissioners (NAIC)

Professional & Trade Associations

NAIC members come from diverse backgrounds, politics, and geographiesβ€”but are united in their shared commitment to protect consumers and ensure fair, competitive, and healthy insurance markets. By establishing standards, conducting peer reviews, and coordinating regulatory oversight, the NAIC supports regulators’ efforts to safeguard the insurance sector and protect consumers. We also provide data reporting, licensing, analysis and financial assessments.

Company details

Company typeSME
IndustryProfessional & Trade Associations
Company size501 - 1000

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Job description

Job Description:

The Insurance Compact Commission has an exciting opportunity for an Actuary Reviewer. We are looking for a team member who would enjoy working for an organization that supports insurance regulators, consumers, and insurance companies by improving the efficiency and uniformity of product filing review and approval in the ever-changing insurance marketplace. The Actuary Reviewer is responsible for providing professional actuarial support to the collaborative review and approval of Compact product filings as efficiently as possible in accordance with the Uniform Standards, Operating Procedures and other organizational processes and requirements. This team member provides actuarial support to the Product Operations of the Commission by responding to questions and providing guidance primarily on actuarial matters to current and potential company filers, regulators, and other Compact stakeholders. 

 

Are you driven to utilize your multi-tasking skills while delivering excellent service to build long-lasting rapport? If so, this is a perfect opportunity for you! This is a full-time position, remote position.  
 

Responsibilities include: 

  • Applies sound actuarial principles, maintains actuarial qualifications and adheres to Actuarial Standards Board Standards of Practice. 

  • Reviews product and rate filings in a timely, thorough manner to determine compliance with applicable Uniform Standards, Rules, Operating Procedures and Filing Requirements. 

  • Completes objection letters, actuarial checklists, correspondence, and filing documentation; follows through on responses and appropriately documents regulatory decisions. 

  • Collaborates with actuaries, product reviewers, Compact leadership, and Product Operations team members to resolve actuarial questions, support workload management and promote consistent application of Uniform Standards. 

  • Responds to pre-filing inquiries and assists with actuarial questions from company filers, regulators, insurers, consulting filers, consumers and other Compact stakeholders. 

  • Provides actuarial guidance, training, presentations, background materials, and reports related to product filing requirements, review activities and regulatory best practices. 

  • Attends and supports Product Operations, Commission, Compact, NAIC committee and technical group meetings as needed to support organizational priorities and actuarial issue resolution. 

 

Minimum Education and/or experience required: 

  • Bachelor’s degree in actuarial science, Mathematics, Statistics, or similar degree from an accredited college or university and at least 2 years of actuarial experience working with annuities and/or life insurance. 

  • Familiarity with Compact Uniform Standards 

  • Life Associate Actuary: Must have an Associate of the Society of Actuaries designation.  

 

Preferred Experience:  

  • Experience with annuity and/or life insurance product development, pricing and compliance. Group and individual product experience. 
     

Systems & Technology Requirements 

  • Microsoft SharePoint, Word, Outlook, Excel and other Microsoft Office products. 

  • System for Electronic Rate and Form Filing (SERFF) 

 

Travel: 

This position requires regular, out-of-state, overnight travel in support of member meetings and events throughout the year.  

Compensation:  

Starting at $107,253 - $160,000, to be commensurate with experience and education. β€― 

Sponsorship:  

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.β€― 

Interested in learning more about the amazing benefits the NAIC offers? Visit our Benefits page for more information.

The NAIC is proud to be an Equal Opportunity Employer 
 

Applicants for all positions are considered without regard to age, race, creed, color, religion, sex, sexual orientation, gender identity or expression, national origin or ancestry, marital status, pregnancy, genetic information, military or veteran status, disability, or any other basis protected by applicable law. 

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MR

Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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