Salary: $5,172.75 Biweekly
Location : Juneau, AK
Job Type: Full Time
Job Number: 54091
Department: Commerce, Community, and Economic Development
Division: Insurance
Opening Date: 07/14/2026
Division: Insurance
Position Open To: All Applicants
Bargaining Unit: Exempt
Range: 28

Job Description
The Department of Commerce, Community and Economic Development,
Division of Insurance is recruiting for a Life and Health Actuary
Under the general direction of the Director, this position will serve as The Life and Health Actuary in our Juneau office. This position will provide technical actuarial support for issues involving life and health insurance, including the review of premium rates for use in Alaska, and financial analyses of insurer solvency and reserve adequacy.

Duties of this position include but are not limited to:
The Life and Health Actuary position is located in our Juneau office. Candidates should have at least five years of actuarial experience with a solid understanding of insurance policy rate and form filing review within the context of the state-based regulatory system. Experience reviewing or preparing actuarial aspects of life insurance, annuity, and disability income insurance, and/or long-term care insurance product filings is helpful.

• Review rates, forms, and rules for all life and healthcare plans for compliance with Alaska and federal statutes and regulations.
• Verify trend, experience, utilization and other criteria submitted by companies to support their rate filing(s).
• Interact with insurance companies to expedite the rate filing evaluation process.
• Provide technical expertise to other division staff, including the director and filing analysts.
• Perform policy analysis, market research, and data collection.
• Collect statistics; work with other state agencies and research organizations to develop studies in areas such as medical, product, and insured population trends in Alaska.
• Monitor and analyze state and federal studies and proposals; and make recommendations to the director.
• Analyze data, preparing reports, and presenting information to a variety of audiences including members of the industry regulated by the Division of Insurance.
• Analyze issuer major medical rate filings and determine outcome.
• Formulate and interpret statistical data.
• Evaluate insurance issuer operations
• Provide technical support for examinations of companies and producers.
• Respond to inquiries and requests for information from division staff, the public, other state agencies, state insurance departments, and the legislature.
• Take lead role in formulating, drafting, implementing, and monitoring legislation and regulation on life, health, and other insurance-related issues.
• Attend continuing education seminars; participate in webinars and conference calls to keep informed of state and national trends, statutes, and regulations, including the Affordable Care Act.
• Participate on National Association of Insurance Commissioners (NAIC) committees and task forces.
• Develop model laws and regulations, often as the director's designee; and prepare issue papers, actuarial guidelines, handbooks, and compliance manuals.
• Travel to such locations and with such frequency as the director deems necessary or desirable. Position may require overnight, out-of-town travel at least three times each year.

Our successful candidate will also possess some or all of the following knowledge, skills and abilities (KSA's). Please document your level of skill and/or experience with each item on this list in your attached, professional cover letter. Applicants are not required to have experience in every area. If you do not have experience with a particular trait, simply say so.

• Demonstrate strong organizational, time management, and communication skills.
• Work collaboratively in a virtual environment with team members in different locations.
• Demonstrate superior attention to detail and strong writing skills.
• Explain complex actuarial concepts in terms understandable to non-actuaries.
• Knowledge of insurance actuarial procedures and principles.

• Knowledge of insurance finances; insurance principles and coverages and insurance company operations and management.
• Knowledge of financial reporting procedures and policies; loss reserving methodologies
• Higher level mathematics, probability, and statistics.
• Knowledge of insurance laws, rules, and regulations.

• Effectively present information, verbally and in writing, to state insurance regulators, insurance company personnel, and the general public at all organizational levels.
• Communicate effectively, both orally and in writing; develop and manage rate filing tracking system

• Proficiency in System for Electronic Rate and Form Filing (SERFF); Microsoft Word, Excel, and PowerPoint; and Adobe Acrobat.

More information about our division may be found on our website at http://insurance.alaska.gov

Minimum Qualifications
Bachelor's degree in Actuarial Science, Mathematics, Statistics, or similar degree from an accredited college or university. Five to seven years' actuarial experience. Experience reviewing or preparing healthcare insurance rate filings is mandatory, and experience reviewing life insurance, annuity, disability income insurance, and/or long-term care insurance product filings would be beneficial. Solid working understanding of actuarial concepts for all life and health products, including but not limited to, pricing and valuation and non-forfeiture concepts, requirements, and actuarial standards.

Licenses, Certificates, registrations:

Designation of Associate from the Society of Actuaries and membership in the American Academy of Actuaries preferred.

Additional Required Information

Application Information:
Please attach a separate, professional cover letter to your application/resume before submitting it online or, if unable to attach to your application, fax it to the contact number provided in the job posting.

Your cover letter should:

• Be professionally written and include proper format, grammar, spelling and punctuation; and
• Address your experience in relation to each bulleted knowledge, skills and abilities listed in the above section of this recruitment.

Your cover letter will be used to help determine which applicants will advance to the interview phase of the recruitment and selection process.

Your professional cover letter will also be used as a writing sample. Additional required information:

• Copies of your most recent three (3) evaluations; and
• Three (3) professional references who have had supervisory responsibility over you along with their daytime contact phone numbers.

Special Notice:
This position is exempt and is not in the classified services.Exempt positions/employees are excluded from title 39, Chapter 25, State Personnel Act and the Personnel Rules adopted under it.
Contact Information

To Apply:
Interested applicants may submit their resume and cover letter to
If you have specific questions regarding the position, please contact the hiring manger directly:
Hiring manager: Heather Carpenter (Division Director)
Phone number: (907) 465-2518
Fax number: (907) 465-3422
Careers with the State of Alaska offer MANY benefits

The following information describes typical benefits available to employees of the State of Alaska. Actual benefits received may differ by bargaining unit or branch of government, position type, or be prorated for other than full time work.

For a quick breakdown of the insurance, health, and retirement benefits available for State Employees you can view an (Please note this video is specifically designed for new State Employees.)

Insurance Benefits

• Health insurance, which includes employer contributions toward medical/vision/dental
  • The following employee groups are under AlaskaCare Benefits administered by the State: See for additional information.
    • AVTEC
    • Confidential
    • Correctional Officers
    • Marine Engineers
    • Mt. Edgecumbe Teachers
    • Supervisory
    • Unlicensed Vessel Personnel/Inland Boatman's Union
    • Exempt employees (not covered by collective bargaining)
  • The following employee groups are covered by Union health trusts. Contact the appropriate Union for additional information.
    • General Government
    • Labor, Trades and Crafts
    • Public Safety Employees Association
    • Masters, Mates & Pilots
• Employer paid Basic Life insurance with additional coverage available (amount depends on Bargaining Unit)

Optional Insurance Benefits

• Group-based insurance premiums for
  • Term life (employee, spouse or qualified same sex partner, and dependents)
  • Long-term and short-term disability
  • Accidental Death and Dismemberment
  • Long-term care (self and eligible family members)
  • Supplemental Survivor Benefits
• Employee-funded flexible spending accounts for tax savings on eligible health care or dependent care expenses

Retirement Benefits

• Membership in the Public Employees Retirement System (PERS)/Teachers' Retirement System (TRS)
• Matching employer contribution into a defined contribution program (new employees)
• Employer contribution into a defined benefit or defined contribution program (current employees)
• Contributions to the Alaska Supplemental Annuity Plan in lieu of contributions to Social Security
• Option to enroll in the Alaska Deferred Compensation Program
• Note: The Defined Contribution Plan, Supplemental Annuity Plan and Deferred Compensation Program offer a variety of investment options

See for additional information

Paid Leave & Other Benefits

• Personal leave with an accrual rate increase based on time served
• Twelve (12) paid holidays a year

01

This position may require travel, perhaps for up to a week at a time. Are you willing and able to travel as needed for this position?

• Yes
• No

Required Question