Experience Inc. Jobs

Working Title: Life Actuary Associate

Job Class: Life Actuary Associate

Agency: Commerce Department

• Job ID : 83898

• Location : St. Paul

• Telework Eligible : Yes

• Full/Part Time : Full-Time

• Regular/Temporary : Unlimited

• Who May Apply : Open to all qualified job seekers

• Date Posted : 02/08/2025

• Closing Date : 02/28/2025

• Hiring Agency/Seniority Unit : Commerce Dept / Commerce-MAPE

• Division/Unit : Ins Life Actuaries

• Work Shift/Work Hours : Day Shift

• Days of Work : Monday - Friday

• Travel Required : No

• Salary Range: $42.31 - $60.57 / hourly; $88,343 - $126,470 / annually

• Classified Status : Classified

• Bargaining Unit/Union : 214 - MN Assoc of Professional Empl/MAPE

• FLSA Status : Exempt - Professional

• Designated in Connect 700 Program for Applicants with Disabilities (https://mn.gov/mmb/careers/diverse-workforce/people-with-disabilities/connect700/) : Yes

The work you'll do is more than just a job.

At the State of Minnesota, employees play a critical role in developing policies, providing essential services, and working to improve the well-being and quality of life for all Minnesotans. The State of Minnesota is committed to equity and inclusion, and invests in employees by providing benefits, support resources, and training and development opportunities.

*Hybrid work environment with potential for significant telework. Primary work location will be the Golden Rule Building in St Paul *

This position exists for applying skilled technical expertise in the actuarial review and analysis, approval and disapproval, of a wide variety of submissions to the Insurance Division, including, but not limited to the most complex financial components of life insurance and property & casualty rate and valuation filings. This position will assist in directing policy regarding life and property & casualty actuarial issues and engage with interested parties including consumer advocates and industry members

Minimum Qualifications

Passed at least four examinations of the Society of Actuaries and/or Casualty Actuarial Society

AND

Two (2) years of general, professional actuarial experience.

Made substantial progress towards attaining the Associate of the Society of Actuaries (ASA) or Associate of the Casualty Actuarial Society (ACAS) credential through the actuarial examination process

Applicants who meet the above education/experience requirement will be further evaluated based on the following:

• Demonstrated plans to pursue the ASA or ACAS credential.

• Substantial experience with Microsoft Excel or similar spreadsheet software

• Educational background or experience related to predictive analytics and/or risk modeling.

Preferred Qualifications

• Attained the ASA or ACAS credential

• Two (2) years of experience pricing life or property & casualty insurance or analyzing reserves or regulatory work in those areas.

Physical Requirements

Requires occasional moving of articles such as boxes, accounting records, laptop computer, and portable printer.

Additional Requirements

Job offer is contingent upon passing reference checks to verify job-related credentials, a criminal background check and drivers’ license check prior to appointment.

AN EQUAL OPPORTUNITY EMPLOYER

Minnesota State Colleges and Universities is an Equal Opportunity employer/educator committed to the principles of diversity. We prohibit discrimination against qualified individuals based on their race, sex, color, creed, religion, age, national origin, disability, protected veteran status, marital status, status with regard to public assistance, sexual orientation, gender identity, gender expression, or membership in a local commission as defined by law. As an affirmative action employer, we actively seek and encourage applications from women, minorities, persons with disabilities, and individuals with protected veteran status.

Reasonable accommodations will be made to all qualified applicants with disabilities. If you are an individual with a disability who needs assistance or cannot access the online job application system, please contact the job information line at 651-259-3637 or email careers@state.mn.us . Please indicate what assistance is needed.