Actuary Reviewer – Insurance Compact

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Logo of National Association of Insurance Commissioners (NAIC)

National Association of Insurance Commissioners (NAIC)

501 - 1000 employees

Founded 1871

🛡️ Insurance

🏛️ Government

🤝 Non-profit

Insurance • Government • Non-profit

National Association of Insurance Commissioners (NAIC) is a U. S. -based standard-setting and support organization for state insurance regulators. It provides expertise, data, model laws, regulatory guidance, technology platforms (e. g. , myNAIC), research, and education to help state insurance commissioners regulate insurers, protect consumers, and promote consistent administration of insurance law. NAIC publishes model laws and guidance, manages filing and data systems, coordinates committee work on topics such as financial regulation, market conduct, cybersecurity, and AI/ML, and offers consumer resources and complaint tools.

📋 Description

• Provide professional actuarial support for collaborative review and approval of Compact product filings • Review product and rate filings for compliance with Uniform Standards, Rules, Operating Procedures, and Filing Requirements • Complete objection letters, actuarial checklists, correspondence, and filing documentation • Follow through on responses and document regulatory decisions • Collaborate with actuaries, product reviewers, Compact leadership, and Product Operations to resolve actuarial questions and manage workload • Respond to pre-filing inquiries and actuarial questions from company filers, regulators, insurers, consulting filers, consumers, and other stakeholders • Provide actuarial guidance, training, presentations, background materials, and reports • Attend and support Product Operations, Commission, Compact, NAIC committee, and technical group meetings as needed

🎯 Requirements

• Bachelor’s degree in actuarial science, Mathematics, Statistics, or a similar degree from an accredited college or university • At least 2 years of actuarial experience working with annuities and/or life insurance • Familiarity with Compact Uniform Standards • Associate of the Society of Actuaries designation required • Experience with annuity and/or life insurance product development, pricing, and compliance preferred • Group and individual product experience preferred • Proficiency with Microsoft SharePoint, Word, Outlook, Excel, and other Microsoft Office products • Experience with System for Electronic Rate and Form Filing (SERFF) • Applicants must be authorized to work for any employer in the U.S.; employment visa sponsorship is unavailable

🏖️ Benefits

• Regular out-of-state, overnight travel in support of member meetings and events throughout the year • Benefits offered by the NAIC (specific benefits referenced on the Benefits page) • Equal Opportunity Employer

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