Actuarial Associate Trainee

Do you want an impactful career with an agency that values integrity, adaptability, responsiveness, and compassion? Apply for this Actuarial Associate Trainee position with the Pennsylvania Insurance Department, Insurance Actuary Review Division. In this structured and specialized trainee position, you will learn and assist with limited and basic life, accident, and health actuarial analysis to ensure that our department meets its statutory and regulatory obligations. This role helps you gain essential actuarial experience while supporting fair and reliable insurance standards. Grow your skills through hands-on training and real-world projects with us! 

This position performs and supports actuarial work that ensures insurance rates and procedures follow all Pennsylvania insurance laws. Training is designed to develop you technical competence in the understanding and application of basic actuarial standards and procedures, as well as laws related to the analysis of life, accident, and health insurance rates, rating procedures, rating plans, schedules, and rules. As an Actuarial Associate Trainee, you will perform the following duties:

• Actuarial Review: Help compile, analyze, and report large amounts of insurance related data to determine compliance with requirements
• Guided Decision-Making: Learn to accurately and effectively review and approve or disapprove life, accident, and health rate and rule filings; help prepare information for administrative hearings and court proceedings
• Research Assistance: Learn how to research, understand, and apply PA insurance statutes and regulations to a variety of insurance related matters
• Data Call Administration: Help answer formal requests for specific information
• Knowledge Development: Expand insurance and actuarial knowledge through seminars, webinars, literature, or other available resources

Interested in learning more? Additional details regarding this position can be found in the position description.

Work Schedule and Additional Information:

• Full-time employment
• Work hours are 8:00 AM to 4:30 PM, Monday - Friday, with a 60-minute lunch.
• Telework: You may have the opportunity to work from home (telework) part-time, up to three days per week. In order to telework, you must have a securely configured high-speed internet connection and work from an approved location inside Pennsylvania. If you are unable to telework, you will have the option to report to the headquarters office in Harrisburg. The ability to telework is subject to change at any time. Additional details may be provided during the interview.
• Salary: In some cases, the starting salary may be non-negotiable. 
• You will receive further communication regarding this position via email. Check your email, including spam/junk folders, for these notices.

QUALIFICATIONS

Minimum Experience and Training Requirements:

• An associate degree that includes 12 college credits in actuary science, data science, finance, economics, mathematics, statistics, or a closely related field; or 
• Completion of one part of the Society of Actuaries examination or Casualty Actuarial Society examination; or 
• An equivalent combination of experience and training that includes 12 college credits in actuary science, data science, finance, economics, mathematics, statistics, or a closely related field.

Other Requirements:

• You must meet the PA residency requirement. For more information on ways to meet PA residency requirements, follow the link and click on Residency Guidelines. 
• You must be able to perform essential job functions.

How to Apply: 

• Resumes, cover letters, and similar documents will not be reviewed, and the information contained therein will not be considered for the purposes of determining your eligibility for the position. Information to support your eligibility for the position must be provided on the application (i.e., relevant, detailed experience/education).
• If you are claiming education in your answers to the supplemental application questions, you must attach a copy of your college transcripts for your claim to be accepted toward meeting the minimum requirements. Unofficial transcripts are acceptable. 
• Your application must be submitted by the posting closing date. Late applications and other required materials will not be accepted.
• Failure to comply with the above application requirements may eliminate you from consideration for this position. 
• All application materials and interview responses must reflect the applicant’s own experience, qualifications, and work. Applicants may use generative AI tools for preparation purposes only. Use of AI to misrepresent or falsify information, or to assist during interviews, is not permitted. Review the Guidance for Generative AI Tools & Job Seekers for additional information.

Veterans: 

• Pennsylvania law (51 Pa. C.S. §7103) provides employment preference for qualified veterans for appointment to many state and local government jobs. To learn more about employment preferences for veterans, go to www.pa.gov/agencies/employment/how-to-apply.html and click on Veterans.

Telecommunications Relay Service (TRS): 

• 711 (hearing and speech disabilities or other individuals).

If you are contacted for an interview and need accommodations due to a disability, please discuss your request for accommodations with the interviewer in advance of your interview date.

The Commonwealth is an equal employment opportunity employer and is committed to a diverse workforce. The Commonwealth values inclusion as we seek to recruit, develop, and retain the most qualified people to serve the citizens of Pennsylvania. The Commonwealth does not discriminate on the basis of race, color, religious creed, ancestry, union membership, age, gender, sexual orientation, gender identity or expression, national origin, AIDS or HIV status, disability, or any other categories protected by applicable federal or state law. All diverse candidates are encouraged to apply. 

• Completing the application, including all supplemental questions, serves as your exam for this position.  No additional exam is required at a test center (also referred to as a written exam).
• Your score is based on the detailed information you provide on your application and in response to the supplemental questions. 
• Your score is valid for this specific posting only.
• You must provide complete and accurate information or:
  • your score may be lower than deserved.
  • you may be disqualified.
• You may only apply/test once for this posting.
• Your results will be provided via email.