TDI-Actuary III

Do you have a passion for public state service and enjoy making a difference? The Texas Department of Insurance (TDI) is hiring! We regulate the insurance industry, administer the Texas workers’ compensation system, perform the duties of the State Fire Marshal’s Office, and educate and protect consumers. Apply now if you’re looking for a rewarding career in public service. The Texas Department of Insurance is in the Capitol Complex, in the Barbara Jordan Building at 1601 Congress Avenue in Austin, near the Texas Capitol.

Benefits of working at TDI:

• Flexible work schedules.

• Work-life-balance.

• 96 hours of accrued vacation a year.

• 96 hours of accrued sick leave a year.

• 20+ holidays every year.

• Career advancement opportunities.

• Free parking.

• 401(k) and 457 Programs.

• State of Texas retirement plan with a lifetime annuity through the Employee Retirement System of Texas (ERS).

• Free comprehensive medical insurance for full-time employees and 50% off premium costs for dependents (state pays other 50%).

• Optional benefits like dental, vision, life insurance, and many more.

• Qualified employer for the Federal Public Service Loan Forgiveness Program.

Before you apply:

TDI does not sponsor or assume sponsorship of an employment visa.

Learn about our selection process, our military employment preference, licensing, and credential requirements.

Actuary III (Actuary)

This position is in the Property and Casualty Actuarial Office of the Property and Casualty Division. The Actuarial office provides actuarial review of rate and rule filings; reviews credit scoring models for compliance; conducts in- depth analyses of the Texas insurance markets; and conducts various other analysis.

This position:

• Conducts actuarial review and analysis of property and casualty rate filings to ensure compliance with the Texas Insurance Code and Texas Administrative Code.

• Prepares summaries of findings and makes recommendations for approval or disapproval of regulated rates.

• Reviews and evaluates ratemaking techniques and their appropriateness in developing rates for various lines of insurance.

• Reviews actuarial opinions, reports, and memorandums in rate and rule filings, form filings, credit scoring model filings, underwriting guideline filings, and information submitted to comply with filing requirements or special data requests.

• Conducts research, data review, and analysis.

• Prepares technical reports to monitor the insurance market.

• Reviews and implements legislation with regard to actuarial matters.

• Performs other duties as assigned.