pension, insurance (medical, dental, vision, life), generous time off.
Internal Number: 2022-05699
Our Mission: Keep Washington Safe and Working! Our Values: Customer Focus, One L&I, Respect, Diversity, Equity and Inclusion, Learning and Growth, Reliability.
Washington State is America's Top State according to U.S. News (2021) and we provide one of the most competitive benefits packages in the nation. Here at the Department of Labor & Industries (L&I), we believe that your voice matters. We value our employees and their work-life balance by encouraging flexible schedules. In addition, L&I is a diverse state agency dedicated to the safety and health and security of Washington's 3.3 million workers. Learn more about L&I, the employer of choice.
Calling all Actuarial Analyst! Our Crime Victims Compensation Program is seeking an Actuarial Analyst 3/Fiscal Manager to assist with the complexities of maintaining budget, forecasting future costs and estimating liability to name a few. If you are an Actuarial Analyst with a heart for providing services to a program that aims at helping those that have been victims of a crime, apply now! We offer great benefits and aim at being employer of choice!
ABOUT THE TEAM:
In this role you will be part of the Crime Victim’s Compensation Program (CVC). The mission of the Crime Victims Compensation Program is to reduce the financial hardship for victims of violent crime by providing benefits to eligible victims and their families.
ABOUT THE ROLE:
As the Actuarial Analyst 3/ Fiscal Manager, you will be responsible for keeping the program within budget. Key to your role, will be informing management and stakeholders of financial conditions such as past expenses, current costs and projected future costs, and reporting any changes immediately. You will also analyze fiscal impact of any changing conditions, or proposed legislation. You will consult with experts in program areas to understand when there are unexpected major changes and will consult with actuaries for help with projections and review of work. You will also consult with programming experts for help with complex data extracts.
The vaccine mandate applies to all employees regardless of teleworking status. As L&I allows staff re-entry into the workforce, the incumbent of this position will be expected to report to an L&I facility or field office (duty station) for some work activities. At that time, discussions about this position’s eligibility for telework in accordance with L&I’s telework policy may be discussed. Telework is dependent upon business needs and supervisor approval. When asked to work in the office, the duty station for this position is Tumwater, Washington.
Conduct actuarial analysis of the Crime Victims Compensation Program’s benefit expenditures to ensure the financial solvency of the program.
Forecast future costs. Analyze past experience, adjust for new laws, changing economic conditions, and other factors to project budget requirements. Provide analysis to agency leadership, legislative staff and elected officials to evaluate the fiscal impacts of proposed legislation.
Estimate current liabilities. Analyze payment history of medical benefits and forensic exams to project future payments for past services.
Communicate financial conditions. Explain methodology to actuarial staff and submit for periodic review. Communicate fiscal condition of program to management, legislative staff and other interested parties. Work with Financial Services to ensure we are following proper accounting principles.
Ensure CVC meets eligibility requirements to receive federal assistance to supplement the State Fund appropriation.
Coordinate and communicate with Financial Services before submitting quarterly and annual reports
Supervise Two Office Assistant 3s and other duties as assigned.
Assigning work, reviewing work, and resolving personnel issues.
Extract data from the agency's database for creating reports and forecasting future costs and liabilities.
And much more!
Bachelor’s degree in mathematics or related field.
Completion of at least four examinations from the Casualty Actuarial Society (CAS).
At least three years of casualty actuarial experience.
High competence in data extraction from a database.
Good communication skills (oral and written).
The top candidates will be contacted directly to interview for this position. Because the selection will be based on information provided by you, it is in your best interest to identify the knowledge, skills and abilities that address the required and desirable qualifications described in the announcement.
Please include the following documents with your application:
A cover letter describing specific qualifications.
A current resume detailing applicable experience and education.
A list of at least three professional references with current telephone numbers.
An example of your work as it relates to this role, such as an example of an actuary analysis, forecasting future cost and estimating liability.
DO NOT attach or place any information about your vaccination status, including listing the Governor Mandate as a reason for leaving employment, within the application, resume, or cover letter. If you do, we will reject your application. If we reject your application, we are doing so to safeguard others from receiving your confidential information. You will need to remove the confidential information before you can apply again.
Offer of hire is contingent upon completion of a background check that includes a criminal record history review.
Positions requiring travel must have a valid unrestricted driver's license and must be insured if driving a privately owned vehicle on state business.
This position is represented bythe Washington Federation of State Employees (WFSE).
Candidates who are offered a job with L&I must possess work authorization which does not require sponsorship by the employer for a visa now or in the future.
The Department of Labor & Industries complies with the employment eligibility verification requirements of the federal Form, I-9. The selected candidate must be able to provide proof of identity and eligibility to work in the United States consistent with the requirements of that form on the first day of employment.
Please note: This announcement may be used to fill multiple permanent and/or non-permanent positions.
Applicants wishing to claim Veterans Preference should attach a copy of their DD-214 (Member 4 copy), NGB 22, or signed verification of service letter from the United States Department of Veterans Affairs to their application. Please blackout any personally identifiable data such as social security numbers. For further information, please contact us at Jobs@Lni.wa.gov
Diversity, Equity, and Inclusion Employer
Here at Labor & Industries our employees come from all walks of life as do we. We strive to hire great people from a wide variety of backgrounds. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
We believe in the importance of recognizing the value each of us contribute to the success of the mission of the agency. Having a diverse workforce is this agency’s greatest resource of strength and knowledge. It is through the combination of talents and abilities that we can pursue finding effective measures on how we can provide the best customer service. We are committed to building a diverse and inclusive workplace for everyone and we strongly mean everyone.
The State of Washington is an equal opportunity employer. Persons with a disability who need accommodation in the application process or testing process, or those needing this announcement in an alternative format, may call (360) 902-5700. TTY users should first call 711 to access the Washington Relay Service.
You are welcome to include the name and pronoun you would like to be referred to in your materials and we will honor this as you interact with our award-winning diverse and inclusive organization.
If you have any questions regarding this announcement, program, or the agency please contact Sandra Bartolome (she/her/hers) at firstname.lastname@example.org
About Washington State Department of Labor & Industries
Keep Washington Safe and Working
The Department of Labor & Industries (L&I) is a diverse state agency dedicated to the safety, health, and security of Washington's 3.3 million workers. We help employers meet safety and health standards, and we inspect workplaces when alerted to hazards.
As administrators of the state's workers' compensation system, we are similar to a large insurance company, providing medical and limited wage-replacement coverage to workers who suffer job-related injuries and illness. Our rules and enforcement programs also help ensure workers are paid what they are owed, that children's and teens' work hours are limited, and that consumers are protected from unsound building practices.
We serve customers in 19 offices throughout Washington and have approximately 2,800 skilled employees, including safety inspectors, claims specialists, nurses, researchers, accountants, labor experts, and support staff.
Protecting the health and safety of workers
L&I's Division of Occupational Safety and Health (DOSH) administers the Washington Industrial Safety and Health Act (WISHA) law by developing and enforcing rules that protect workers from hazardous job conditi...ons.
Our inspectors visit about 5,000 workplaces each year and cite businesses that violate health and safety rules. Each year, we also conduct about 2,500 free, on-site safety and health consultations for employers who request our help complying with these rules in their unique workplaces. We also conduct research into workplace health and safety, which focuses on promoting healthy work environments and preventing workplace injuries and illnesses.
Ensuring medical care and financial help for injured workers
Our claim managers oversee benefits to workers who are injured or become ill on the job. They also work closely with doctors, employers, and counselors to help severely injured employees return to paid employment.
Washington's workers' compensation system is funded by premiums from employers and workers and income from investments. We also regulate about 400 large, self-insured employers who have qualified to provide their own workers' compensation insurance.
Protecting workers' wages, hours, breaks, and more
We enforce child labor laws, as well as laws that protect workers' wages and working conditions. Our agency also oversees apprenticeship programs and administers rules covering prevailing wage on public-works construction projects.
Protecting the public from unsafe work and economic hardship
Our technical experts protect the public by inspecting electrical work, boilers, elevators, and manufactured homes. We also test and license electricians, certify plumbers, and issue operating permits for amusement rides.
Our agency registers construction contractors, requiring them to be insured and bonded. We also provide an easy-to-use website that allows customers to see whether a contractor is bonded and insured and alerts them to problems associated with hiring unregistered contractors.