The Connecticut Insurance Department (CID) is currently accepting applications for an Insurance Actuary Associate position within the Actuarial Division.

WHAT WE CAN OFFER YOU

• Visit our State Employee Benefits Overview page!
• Work at a Forbes-recognized company! Connecticut is proud to be featured on both America’s Best Employers by State and Best Employers for New Grads in 2024. With our dynamic job market and commitment to fostering a thriving workforce, Connecticut stands out as a top destination for both seasoned professionals and fresh graduates seeking to launch their careers.
• Professional growth and development opportunities
• A healthy work/life balance to all employees

ABOUT US

Our mission at the State of Connecticut, Connecticut Insurance Department (CID) is consumer protection. The department carries out its mission by enforcing state insurance laws to ensure policyholders are treated fairly, by providing assistance, outreach, and education to help consumers make sound choices, and by regulating the industry in a fair and consistent manner that fosters market competition for the availability of insurance.

As an Insurance Actuary Associate within the Actuarial Division, you will play a vital role in our mission. You will collaborate with a team of dedicated professionals to analyze insurance data, assess risk, and make critical recommendations. Your expertise will help us ensure that insurance rates are fair and adequate, and that insurance companies are financially stable.

The Insurance Actuary Associate will perform the following functions with guidance from an Insurance Actuary, Insurance Actuary Supervisor, and Chief Insurance Actuary:

• Analyze insurance data and perform actuarial calculations to determine risk and pricing for various insurance products
• Conduct research and evaluate insurance industry trends to inform pricing strategies and rate filings
• Assist in developing and maintaining actuarial models and tools to support business decisions
• Create reports and presentations to effectively communicate actuarial findings and recommendations to relevant individuals or groups
• Collaborate with cross-functional teams to support the implementation of actuarial initiatives and projects
• Stay updated on regulatory changes and industry standards to ensure compliance and drive continuous improvement