Actuary jobs in Rutland, VT

Actuary utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Being an Actuary assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. Records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Additionally, Actuary applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Must be currently pursuing the designation of ASA (Associate) in the Society of Actuaries. Typically reports to a manager. The Actuary work is closely managed. Works on projects/matters of limited complexity in a support role. To be an Actuary typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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036810_Insurance Actuary
  • State of Vermont
  • Montpelier, VT FULL_TIME
  • Overview

    The Department of Financial Regulation is seeking an experienced actuary interested in the opportunity to work on a wide range of issues including actuarial analysis of property and casualty rate and form filings; financial and market conduct examination and analysis, research, statistical analysis and reporting on insurance companies and insurance markets; and technical analysis and advice to the Insurance Division. This individual will help facilitate achievement of the Insurance Division's statutory mission to ensure reasonable and orderly competition in Vermont's insurance markets and protection and education of Vermont's insurance consumers. Duties are performed with significant independence under the general direction of the Director of Insurance Regulation.


    Opportunities for hybrid remote work are available, with office hours in Montpelier. Out-of-state travel is required and work outside normal hours may be needed occasionally. Private means of transportation must be available for travel.

    Who May Apply

    This position, 036810_Insurance Actuary (Job Requisition #49923), is open to all State employees and external applicants.



    If you would like more information about this position, please contact Mary.Block@vermont.gov.

    Resumes will not be accepted via e-mail. You must apply online to be considered.



    Please note that multiple positions in the same work location may be filled from this job posting.

    Environmental Factors

    Duties are performed in a standard office setting in Vermont. Out-of-state travel is required and work outside normal hours may be needed occasionally. Private means of transportation must be available for travel. There is significant interaction with the personnel of insurance companies, insurance trade organizations, consumers, other state departments, legislators, and regulators from other states, sometimes in adversarial situations.

    Minimum Qualifications

    Four (4) years or more of actuarial experience as an actuary with an insurance company, an insurance regulatory agency, or in a consulting actuary's office performing property and casualty actuarial insurance work including form review, rate filings, company financials, and/or predictive modeling.

    Preferred Qualifications

    Bachelor's degree or higher in actuarial science, mathematics, statistics, or related field.

    Total Compensation

    As a State employee you are offered a great career opportunity, but it's more than a paycheck. The State's total compensation package features an outstanding set of employee benefits that are worth about 30% of your total compensation, including:
    • 80% State paid medical premium
    • Dental Plan at no cost for employees and their families
    • Flexible Spending healthcare and childcare reimbursement accounts
    • Two ways to save for your retirement: A State defined benefit pension plan and a deferred compensation 457(b) plan
    • Work/Life balance: 11 paid holidays each year and a generous leave plan; many jobs also allow for a flexible schedule
    • Low cost group life insurance
    • Tuition Reimbursement
    • Incentive-based Wellness Program
    • Qualified Employer for Public Service Student Loan Forgiveness Program
    Want the specifics? Explore the Benefits of State Employment on our website.

    Equal Opportunity Employer

    The State of Vermont celebrates diversity, and is committed to providing an environment of mutual respect and meaningful inclusion that represents a variety of backgrounds, perspectives, and skills. The State does not discriminate in employment on the basis of race, color, religion or belief, national, social or ethnic origin, sex (including pregnancy), age, physical, mental or sensory disability, HIV Status, sexual orientation, gender identity and/or expression, marital, civil union or domestic partnership status, past or present military service, membership in an employee organization, family medical history or genetic information, or family or parental status. The State’s employment decisions are merit-based. Retaliatory adverse employment actions by the State are forbidden.

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0 Actuary jobs found in Rutland, VT area

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Group Director
  • Morgan Stanley
  • Glens Falls, NY
  • POSITION SUMMARY: The Group Director is a critical member of the Financial Advisor / Private Wealth Advisor team. This r...
  • 4/24/2024 12:00:00 AM

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Veterinarian - Exceptional Opportunity, Superior Salary, Great Benefits - Springfield, VT
  • Desort
  • Springfield, VT
  • Full time Veterinarian - Exceptional Opportunity, Superior Salary, Great Benefits - Springfield, VT We are looking for a...
  • 4/23/2024 12:00:00 AM

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Group Director
  • Morgan Stanley
  • Glens Falls, NY
  • POSITION SUMMARY: The Group Director is a critical member of the Financial Advisor / Private Wealth Advisor team. This r...
  • 4/22/2024 12:00:00 AM

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Internal Revenue Agent (Senior Revenue Agent (Examiner) -12 MONTH ROSTER
  • Department Of The Treasury
  • Rutland, VT
  • Duties WHAT IS THE SBSE - SMALL BUSINESS SELF EMPLOYED DIVISION? A description of the business units can be found at: ht...
  • 4/22/2024 12:00:00 AM

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Portfolio Manager
  • InTrack Investment Management, Inc.
  • Norwich, VT
  • InTrack Investment Management is a privately owned registered investment advisor serving high net worth individuals, com...
  • 4/21/2024 12:00:00 AM

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Operations Associate
  • Manchester Capital Management LLC
  • Manchester, VT
  • Job Description Job Description Role Overview: The Operations Associate will work closely with the Managing Director of ...
  • 4/21/2024 12:00:00 AM

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Portfolio Manager
  • Intrack Investment Management Inc.
  • Norwich, VT
  • InTrack Investment Management is a privately owned registered investment advisor serving high net worth individuals, com...
  • 4/20/2024 12:00:00 AM

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Residential Nurse - Medical Services - Springfield
  • Health Care & Rehabilitation Services
  • Springfield, VT
  • Job Description Job Description HCRS currently has an opening in the Springfield area for a Registered Nurse. This oppor...
  • 4/20/2024 12:00:00 AM

Rutland, Vermont may refer to: Rutland (city), Vermont Rutland (town), Vermont Rutland County, Vermont West Rutland, Vermont...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuary jobs
$73,492 to $91,964
Rutland, Vermont area prices
were up 1.6% from a year ago

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