Salary: $215,000.00 - $250,000.00 Annually
Location : Richland County, SC
Job Type: FTE - Full-Time
Job Number: 193826
Agency: Department of Insurance
Opening Date: 10/16/2026
Closing Date: 11/2/2026 11:59 PM Eastern
Residency Requirement: Yes
Class Code:: UA60
Position Number::Normal Work Schedule:: Monday - Friday (8:30 - 5:00)
Pay Grade: Unclassified
Hiring Range - Min.: $215,000.00
Hiring Range - Max.: $250,000.00
Job ResponsibilitiesMission Statement:The mission of the State of South Carolina Department of Insurance is to protect and serve the insurance consumers by promoting a fair, stable, and competitive insurance market through regulation, education, and advocacy. For more information about working at the SC Department of Insurance, please visit www.doi.sc.gov.
This job is located in the Office of Market and Actuarial Services.Job Purpose:Under limited supervision of the Deputy Director, serves as the Department's Chief Actuary. Serves as a consultant to the Department and other state agencies on complex actuarial and other insurance-related issues. Oversees highly technical staff that perform actuarial duties for the Department. Oversees, directs, and spearheads Department research and analytics projects, including data calls, research projects, and reporting, statutorily or otherwise. Recommends, drafts, and testifies upon any related legislative changes.
Job Functions:1. Provide senior actuarial leadership, advising executives on financial risk, market trends, regulation, and solvency while overseeing and developing staff, guiding complex actuarial work, and establishing internal actuarial standards and processes.
2. Supervise the Office of Research and Analytics by directing project planning, data collection, analytic frameworks, and data governance standards; ensuring high-quality research, statutory reporting, and secure, reliable data practices that produce actionable insights for leadership and stakeholders.
3. Oversee and guide actuarial staff in reviewing insurance plans, rates, and practices, interpreting LA&H and P&C insurance law, supporting major rate reviews, evaluating carrier assumptions and methodologies, and coordinating with Market Services.
4. Monitor insurance and reinsurance markets, oversee staff participation in NAIC activities, brief executives on emerging issues, translate actuarial findings into actionable policy guidance, and lead actuarial contributions to legislation, regulations, and official bulletins.
5. Supervise actuarial staff in reviewing reinsurance contracts, actuarial opinions, statutory filings, and reserve examinations; oversee actuarial support for insurer licensing reviews; and ensure compliance with risk-transfer requirements and related regulatory standards.
6. Performs other duties as required by the Deputy Director or Director.
Minimum and Additional Requirements A bachelor's degree in mathematics, statistics, actuarial science, finance, or a related field and relevant experience. Seven to ten years' experience in insurance or related field required. Professional designation of Associate of either the Casualty Actuarial Society (ACAS) or Society of Actuaries (ASA) is required. Must have knowledge of SC statutes pertaining to the regulation of insurance. Excellent oral and written communication skills are required.1. Ability to oversee and manage a team of highly skilled employees who are responsible for evaluating various aspects of insurance contracts, including the appropriateness of rates and related practices, complex insurance arrangements, including insurance and reinsurance agreements, financial statements, including reserves and related items, and actuarial studies.
2. Ability to assist direct reports in those evaluations as well.
3. Ability to comprehend and evaluate evolving issues in the insurance markets, including complex actuarial issues, and to assess necessary program and/or legislative changes.
4. Ability to communicate.
5. Ability to organize and direct a research team.
Preferred Qualifications Professional designation as a Fellow of either the Casualty Actuarial Society (FCAS) or the Society of Actuaries (FSA) is preferred. Prior management experience is desired. Strategic planning experience, especially in setting research agendas and long-term analytic roadmaps.
Additional Comments Operates a personal computer and other office equipment. Some overnight travel may be required.
Educational Credentials: Applicants indicating college credit or degree(s) on the application will be required to submit a sealed, certified copy of the transcript(s) prior to beginning employment. Failure to produce an official, certified transcript will result in any conditional offer of employment being rescinded.
The Department of Insurance offers an exceptional benefits package for FTE positions that includes:- Health, Dental, Vision, Long Term Disability, and Life Insurance for Employee, Spouse, and Children
- 15 days annual (vacation) leave per year
- 15 days sick leave per year
- 13 paid holidays
- State Retirement Plan (pension plan option) and Deferred Compensation Programs
- Employee Assistance Program
- Free counseling sessions for employees and household members
- Free legal counseling
- Free financial counseling
- Flexible Work Schedules
- Compressed work weeks
- Part-time telecommuting
- Flex-time
- Contingent upon completing required probationary period
- Free Gym Access
- Growth Opportunities
- Certifications/designation program allowing for salary increases and bonuses
- Infants at Work Program
- Employees eligible to bring their newborn/infant to the workplace
- Free Parking
Benefits for State EmployeesThe state of South Carolina offers eligible employees generous benefits, including health and dental insurance; retirement and savings plan options; and paid vacation and sick leave. Plus, work-life balance programs such as telecommuting and flexible work schedules are available to employees of some state agencies.
Insurance BenefitsEligible employees may enroll in health insurance, which includes prescription coverage and wellness benefits. Other available insurance benefits include dental, vision, term life insurance, long term disability and flexible spending accounts for health and child care expenses.
Retirement BenefitsState employees are also offered retirement plan options, including defined benefit and defined contribution plans. Additionally, eligible employees may elect to participate in the South Carolina Deferred Compensation Program, which is a voluntary, supplemental retirement savings plan offering 401(k) and 457 plan options.
Workplace BenefitsState employees may also be eligible for other benefits, including tuition assistance; holiday, annual and sick leave; and discounts on purchases, travel and more.
Note: The benefits above are available to most state employees, with the exception of those in temporary positions. Employees in temporary grant and time-limited positions may be eligible for all, some or none of these benefits as benefits are associated with each position type. For these positions, contact the hiring agency to determine what benefits may be available.
01
Do you have a bachelor's degree?
02
Do you have 7-10 years' experience in insurance or a related field of work?
03
Do you currently hold actuarial credentials (e.g., FCAS or FSA)?
Required Question
