Insurance Actuarial Analyst 3

About Us: The Ohio Department of Insurance (ODI) was established in 1872 as an agency charged with overseeing insurance regulations, enforcing statutes mandating consumer protections, educating consumers, and fostering the stability of insurance markets in Ohio. Today, the mission of the Ohio Department of Insurance is to provide consumer protection through education and fair but vigilant regulation while promoting a stable and competitive environment for insurers. Please visit our website Department of Insurance and also find us on LinkedIn . What You'll Do: Your Key Responsibilities include but are not limited to the following: Analyzing complex Property and Casualty Insurance rate filings for reasonableness of rate structure and determine if rates are adequate, not excessive, nor unfairly discriminatory according to sound actuarial principles, while ensuring compliance of rates with applicable state and federal laws and policies; Notifying insurance companies of compliance issues with their rates, providing necessary information to the filers, and approving rates for use in Ohio; Researching and understanding relevant compliance requirements; Creating and maintaining compliance review tools and providing analysis of data; and Provide direction, training, and peer reviews of work completed by lower level insurance actuarial analysts.