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DEPARTMENT OF MANAGED HEALTH CARE
CAREER EXECUTIVE ASSIGNMENT EXAMINATION ANNOUNCEMENT |
The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation. It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.
| DEPARTMENT: | DEPARTMENT OF MANAGED HEALTH CARE | RELEASE DATE: | Wednesday, January 18, 2012 |
| POSITION TITLE: | Chief Actuary, CEA | FINAL FILING DATE: | Wednesday, February 8, 2012 |
| CEA LEVEL: | Chief Actuary, Department of Insurance, C.E.A. (5406) | EXTENDED FINAL FILING DATE: | Friday, March 30, 2012 |
| SALARY RANGE: | $10,053.00 - $11,018.00 / Month | BULLETIN ID: | 01182012_1 |
POSITION DESCRIPTION
Pending DOF Approval.
Under the administrative direction of the Director, and general direction of the Assistant Deputy Director, Health Plan Oversight, the Chief Actuary, C.E.A will serve as the actuarial advisor to executive management regarding the financial structure of health plans and related actuarial and statistical historical and emerging trends; monitor health plans for compliance with premium rate review laws, rules, and regulations and advise the Director accordingly; represent the Department statewide before the Legislature, State agencies, committees, subcommittees, task forces, insurance association work groups, other stakeholders, and the public. Perform the highest skilled actuarial work including the most complex and extensive actuarial and statistical computations; advise the Director on the financial structure of various health plans resulting from actuarial and statistical data collected; develop and review legislation impacting actuarial work; review financial statements, actuarial reports, valuation data, and premium rate review findings submitted by subordinate actuarial staff; and plan and direct the work of the Rate Review Unit's actuarial and support staff.
MINIMUM QUALIFICATIONS
Experience: Broad and extensive experience in actuarial work, at least five years of which shall have been in one or a combination of the following:
1. In a responsible governmental position involving the supervision and regulation of the actuarial practices of insurance companies; or
2. As an actuarial officer of a legal reserve life insurance company. (This experience must have been in a position equivalent to that of a senior actuarial officer who has responsibility for direction of an actuarial department and for formulation of actuarial policies and practices in a company with assets of approximately $10,000,000.) or
3. As an actuary in general consulting practice. and Education:
Either
1. Equivalent to graduation from college, preferably with specialization in mathematics. (Additional qualifying experience may be substituted for the required education on a year-for-year basis.) or
2. Possession of a fellowship in the Society of Actuaries.
KNOWLEDGE AND ABILITIES
Ability to: Make complex and extensive actuarial and statistical computations; appraise accurately the financial structure of insurance companies from actuarial and statistical data presented; write clear and concise reports; analyze situations accurately and adopt an effective course of action; effectively contribute to the Department's affirmative action objectives.
DESIRABLE QUALIFICATION(S)
2. Demonstrated experience with the formulation and implementation of policies, procedures, and program administration in the attainment of program goals.
3. Extensive knowledge of the principles and techniques of the actuarial practices of insurance companies; particularly with health insurance companies.
4. Demonstrated ability to analyze data, making connections between cause/effect and identifying patterns or trends, and then recommending effective courses of action.
5. Demonstrated ability to participate with executive management in the successful implementation of highly sensitive projects with cross-program impacts.
6. Demonstrated experience in effectively communicating highly technical/complex subject matter while advising, consulting, giving presentations (both planned and impromptu) and making recommendations to non-technical executives, policy makers, special interest groups, and other stakeholders in managed health care.
7. Demonstrated ability to make independent, sound, ethical decisions regarding highly sensitive matters; while maintaining data security and program confidentiality.
8. Demonstrated ability to make critical and timely decisions in difficult or ambiguous situations, exercising sound judgment and reasoning before acting.
9. Knowledge of the California health care industry.
10. Possession of a fellowship in the Society of Actuaries.
EXAMINATION INFORMATION
A minimum rating of 70% must be attained to obtain list eligibility. Hiring interviews may be
conducted with the most qualified candidates. All candidates will receive written notification of their
examination results.
The result of this examination will be used only to fill the position of Chief Actuary, CEA, with the DEPARTMENT OF MANAGED HEALTH CARE.
Applications will be retained for twelve months.
The Results of this examination will be used only to fill this position.
FILING INSTRUCTIONS
Emailed and/or faxed application packages will NOT be accepted.
Interested applicants must submit:
Applications must be submitted by the final filing date to:
DEPARTMENT OF MANAGED HEALTH CARE, Human Resources
980 9th Street, Suite 500, Sacramento, CA 95814
Allissa Maurer | 916-449-5702 | amaurer@dmhc.ca.gov
SPECIAL TESTING
If you have a disability and need special testing arrangements, mark the appropriate box in Part 2 of the "Examination Application." You will
be contacted to make specific arrangements.
GENERAL INFORMATION
If you meet the requirements stated in this bulletin, you may take this examination, which is competitive.
Possession of the entrance requirements does not assure a place on the eligible list. Your performance in the
examination described on this bulletin will be compared with the performance of others who take this test,
and all candidates who pass will be ranked according to their scores.
The DEPARTMENT OF MANAGED HEALTH CARE reserves the right to revise the examination plan to better meet the needs of the service if the circumstances
under which this examination was planned change. Such revision will be in accordance with civil service law and rules and all competitors will be notified.
General Qualifications: Candidates must possess essential personal qualifications including integrity, initiative, dependability, good judgment, and ability to work cooperatively with others.
Class specs: http://www.dpa.ca.gov/textdocs/specs/s5/s5406.txt