WC Actuarial Assistant 1

Schedule: Full-time

BWC’s core hours of operation are Monday-Friday from 8:00am to 5:00pm, however, daily start/end times may vary based on operational need across BWC departments. Most positions perform work on-site at one of BWC’s seven offices across the state. BWC offers flex-time work schedules that allow an employee to start the day as early as 7:00am or as late as 8:30am. Flex-time schedules are based on operational need and require supervisor approval.

What Our Employees Have to Say:

BWC conducts an internal engagement survey on an annual basis. Some comments from our employees include:

BWC has been a great place to work as it has provided opportunities for growth that were lacking in my previous place of work.

I have worked at several state agencies and BWC is the best place to work.

Best place to work in the state and with a sense of family and support.

I love the work culture, helpfulness, and acceptance I've been embraced with at BWC.

I continue to be impressed with the career longevity of our employees, their level of dedication to service, pride in their work, and vast experience. It really speaks to our mission and why people join BWC and then retire from BWC.

If you are interested in helping BWC grow, please click this link to read more, and then come back to this job posting to submit your application!

What You’ll Be Doing:

· Prepares & verifies reasonableness of data to be used in the development of rate level indications and other rating factors

· Utilizes collected data to prepare preliminary projections of future costs and related trend analyses

· Conducts data collections and performs special studies regarding potential effect on rates or future liabilities of statutory changes

· Reviews study results to identify significant changes and develop understanding of the underlying drivers of trends and outliers

· Produces summary material and reports for internal & external customers using Microsoft Excel, Access, PowerPoint, Word, & additional programs as needed

2 years of relevant actuarial work experience in the actuarial profession or in an analytically-focused field within the insurance industry (predictive modeling, predictive analytics, data science, or related field); 1 actuarial exam recognized by the CAS or the SOA.

-Or completion of an undergraduate core program in a quantitative field of study (actuarial science, mathematics, statistics, finance, economics, physics, engineering, or related field); 1 actuarial exam recognized by the Casualty Actuarial Society (CAS) or the Society of Actuaries (SOA).

-Or equivalent of Minimum Class Qualifications For Employment noted above.

Job Skills: Insurance

Major Worker Characteristics:

Knowledge of: agency, division & department policies & standard operating procedures*; basic mathematical, statistical, & actuarial terminology & concepts; BWC, state, &/or federal statutes, rules, regulations, policies, & procedures governing actuarial activities*.

Skill in: use of personal computer & applicable business software including Microsoft Word, intermediate level of Excel; basic level of database querying tools; BWC specific programs, applications, & database structures*.

Ability to: define problems, collect data, establish facts, & draw valid conclusions; prepare meaningful, concise, & accurate technical reports; communicate technical ideas in speaking so the intended audience will understand; establish & maintain effective working relationships.