Job Code Pay Scale Group Pay Scale Type Bargaining Unit Civil Service or Non-Civil Service Last Executive Board Change Executive Board Change History
04580 10 ST B4 C 999-99 07/01/2023
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05/01/1977 04580



This is advanced technical work in the actuarial analysis of property and casualty insurance rates, rating procedures, rating plans and the statistical analysis of related data.

An employee in this class performs actuarial studies of considerable difficulty in the analysis and evaluation of property and casualty insurance rates, rating procedures, rating plans and schedules and the development of new rating procedures to ensure that they are not excessive, inadequate of unfairly discriminatory. Employees either independently approve or disapprove or recommend approval or disapproval of the filing to the supervisor depending upon the complexity. Work includes reviewing and analyzing statistical plans and underwriting procedures and other facets of insurance operations. Work also involves providing technical advice regarding actuarial matters to Property and Casualty Insurance Policy Examiners, Rate Analysts and other technical staff. Work is performed independently, but guidelines are provided by department or bureau policies, regulations and procedures. Work is reviewed by the Chief Actuary through reports and conferences.


Performs actuarial studies of considerable difficulty in the determination of property and casualty insurance rates and rating plans and in the evaluation of insurance forms filed by property and casualty insurance companies and rating organization.

Conducts tests and prepares comprehensive reports in ascertaining or verifying the losses, expenses and economic reserves related to proposed property and casualty insurance rates of rating plans.

Develops and analyzes statistical plans and prepares analytical summarizes, interpretations and reports or insurers experience applicable to property and casualty insurance.

Reviews and approves or disapproves property and casualty rate filings and forms, insuring that proposed rates are not excessive, inadequate, or unfairly discriminatory.

Assists in the drafting and review of new and amending legislation and department regulations applicable to property and casualty insurance.

Provides information regarding actuarial matters and interpretations of department regulations to governmental agencies, insurance company representatives and the public.

Performs related work as performed.


Knowledge of mathematics as related to actuarial work.

Knowledge of statistical principles and techniques.

Knowledge of property and casualty insurance rate-making procedures and rate regulatory statues.

Knowledge of property and casualty insurance principles and practices, including principles and practices of understanding and claims and the socio-economic influences of insurance.

Knowledge of state laws, and regulations governing the operation of insurance companies.

Ability to analyze insurance company financial statements.

Ability to perform actuarial and statistical studies and prepare accurate and comprehensive reports.

Ability to effectively present factual material in oral, written or graphic form.

Ability to establish and maintain effective working relationships with associates, insurance company or other business representative and the general public.


One year of experience as a Property and Casualty Insurance Actuary 1; or successful completion of five parts of the Casualty Actuarial Society examination program; or four years of property and/or casualty actuarial experience; and a bachelor's degree with major coursework in mathematics or statistics; or any equivalent combination of experience and training.