actuary - Baltimore City, United States - State of Maryland - OAG Peoples Insurance Counsel

Description

Introduction

The Attorney General is the chief legal officer of the State of Maryland. The Office of the Attorney General (OAG) has the general charge, supervision, and direction of the State's legal business, acting as legal advisors and representatives of the major agencies, various boards, commissions, officials, and institutions of State Government.� The OAG also protects the public by civil enforcement of antitrust, civil rights, consumer protection, and securities laws and regulations and by the prosecution of organized crime, Medicaid fraud, environmental crimes, insurance fraud, state tax evasion, and other statutorily assigned matters. As Maryland's 47th Attorney General, Anthony G. Brown leads the Office with a critical focus on equity, justice, and fairness.\r

GRADE

24 \r

LOCATION OF POSITION

200 St. Paul Place\r
Baltimore, MD 21202\r

Main Purpose of Job

The Office of the Attorney General is seeking applicants for the position of contractual Actuary for the People's Insurance Counsel (PICD). The duties of PICD include the evaluation of all medical professional liability insurance and homeowners' insurance matters. This includes review and analysis of filings and complaints pending before the Commissioner of the Maryland Insurance Administration (MIA) to determine whether the interests of insurance consumers are affected. PICD may conduct investigations and request the Commissioner to initiate an action or proceeding to protect the interests of insurance consumers. PICD may be a party to administrative hearings and court proceedings. PICD participates in outreach to consumers.�\r
\r
\r
\r
\r

POSITION DUTIES

Position responsibilities include but are not limited to: review of rate filings and related filings for its effect on Maryland consumers and for adherence to actuarial principles and compliance with federal or state statutes and regulations, provides for analysis of filings to PICD Counsel for use in rate reviews, related rule, form and underwriting guideline filings, provides reports, and if requested prepares for and participates in rate hearings.�\r
\r
\r
The Actuary will provide actuarial perspective and recommendations to PICD staff and management. In addition, this position may be required to provide testimony relating to the review of a filing if a hearing is held. Some review of consumer complaints, legal and industry research, review of proposed state and federal legislation, outreach, and other duties as needed. This position conducts document and database management; writing of reports, and communication with stakeholders.\r
\r

MINIMUM QUALIFICATIONS

Education: A bachelor's degree from an accredited four-year college or university.�\r
\r
\r
Experience: Five years of actuarial experience.�\r
\r
\r
Be a Fellow of the Casualty Actuarial Society (F.C.S.A.) and a member of the American Academy of Actuaries (M.A.A.A.). Strong verbal and written skills.�\r
\r
\r
\r
\r
\r
\r
\r
\r
\r
\r

SELECTIVE QUALIFICATIONS

Candidates must be a Fellow of the Casualty Actuarial Society (F.C.S.A.) and a member of the American Academy of Actuaries (M.A.A.A.).�\r

DESIRED OR PREFERRED QUALIFICATIONS

The ideal candidate will have:\r
\r
\r
Knowledge of rate development methodologies in homeowners' insurance and� medical professional liability insurance, coverages, and policy provisions.�\r
\r
\r
Knowledge of and experience in actuarial analysis of homeowners and medical professional liability insurance.\r
\r
\r
Familiarity with the use of catastrophe models in property insurance ratemaking.�\r
\r
\r

SELECTION PROCESS

\r
Applicants who meet the minimum, selective, and preferred qualifications will be included in further evaluation. The evaluation may be a rating of your application based on your education, training and experience as they relate to the requirements of the position. Therefore, it is essential that you provide complete and accurate information on your application and answer all supplemental questions. Please report all related education, experience, dates and hours of work. Clearly indicate your college degree and major on your application, if applicable. For education obtained outside the U.S., any job offer will be contingent on the candidate providing an evaluation for equivalency by a foreign credential evaluation service prior to starting employment (and may be requested prior to interview).��\r
\r
\r
Complete applications must be submitted by the closing date. Information submitted after this date will not be added. Incorrect/incomplete application forms will not be accepted. Resumes will not be accepted in lieu of a completed application.\r
\r
\r
Candidates may remain on the certified eligible list for a period of at least one year. The resulting certified eligible list for this recruitment may be used for similar positions in this or other State agencies.\r
\r
\r
\r

BENEFITS

Contractual employees who work for an agency covered under the State Employee and Retiree Health and Welfare Benefits Program, have a current employment contract and work 30 or more hours a week (or on average 130 hours per month) may be eligible for subsidized health benefits coverage for themselves and their dependents. As a contractual employee, you will be responsible for paying 25% of the premiums for your medical and prescription coverage, including any eligible dependents you have enrolled. The State of Maryland will subsidize the remaining 75% of the cost for these benefits. You can also elect to enroll in dental coverage, accidental death and dismemberment insurance, and life insurance, but will be responsible to pay the full premium for these benefits.�\r
\r
\r
Leave may be granted to a contractual employee who has worked 120 days in a 12 month period. This leave accrues at a rate of one hour for every 30 hours worked, not to exceed 40 hours per calendar year.\r

FURTHER INSTRUCTIONS

Online applications are STRONGLY preferred. If the online application process is not available, please send your paper application and supplemental questionnaire (if applicable) to: Yolanda Colkley, Fair Practices Officer, 200 St. Paul Place, Baltimore, MD 21202 or fax to � �TTY Users: call via Maryland Relay\r
\r
\r
If you have specific questions about recruitment, please call or email ��\r
\r
\r
The Office of the Attorney General is an equal opportunity employer that encourages all interested persons to apply regardless of race, color, religion or belief, ancestry, national origin, age, marital status, sexual orientation, gender identity and/or expression, disability, pregnancy, family or parental status, veteran status, genetic information, or any protected category prohibited by local, State or federal laws.\r