Website Reviewer Jobs in Indiana (NOW HIRING)

About the Indiana Department of Insurance (IDOI): 
The purpose of the Indiana Department of Insurance is to protect Hoosiers as they purchase and use insurance products to keep their assets and their families from loss or harm. Consumers may need assistance with certain claim situations or just help in understanding how their policies work. Our other primary obligation is to monitor the financial solvency of the insurance companies domiciled in Indiana so that the legal promises made in insurance policies are honored. To these ends, our Department staff is committed to providing exceptional customer service for both our consumers and our companies, and to maintain a fair and objective viewpoint as we examine each issue and circumstance within our jurisdiction. 

Role Overview: 

• Review and analyze accident and health rate filings and rating plans submitted to the Indiana Department of Insurance (IDOI).
• Make recommendations regarding the premium rates proposed by licensed entities.
• Review rating methodologies and actuarial calculations for compliance with Indiana law, commonly accepted actuarial principles, and fair insurance rating methodology.
• Contribute to the development of filing standards, thresholds, and procedures.
• Provide opinions and recommendations concerning any filed methodology that results in inadequate, excessive, or unfairly discriminatory insurance premiums.
• Evaluate reasonableness of carrier data and actuarial methods.
• Perform actuarial review and analysis of annual actuarial reports and memorandums.
• Develop and implement policies, procedures, technical interpretations, and regulations to implement and enforce statutes as they relate to actuarial concerns.
• Perform special actuarial and statistical studies and projects as assigned.
• Assist in the review of rating methodologies for compliance with Indiana law.
• For ACA submissions, perform reviews using IDOI review tools and federal Plan Management tools.
• Communicate results to carriers and IDOI management.
• Update and review all instructions to carriers that are part of the IDOI website.
• Support maintenance and improvement of the rate filing database.
• Negotiate with carriers to adjust rates requested if necessary.
• Update and review all instructions to carriers that are part of the IDOI website.
• Monitor the Centers for Medicare and Medicaid Services and the National Association Insurance Commissioners subgroup, working group, and task force calls.

Salary:

The salary for this position traditionally starts at $93,002.00 but may be commensurate with education and work experience. Use our Compensation Calculator to view the total compensation package.

Benefits of Employment with the State of Indiana:

The State of Indiana offers a comprehensive benefit package for full-time employees which includes: 

• Three (3) medical plan options (including RX coverage) as well as vision and dental plans
• Wellness Rewards Program: Complete wellness activities to earn gift card rewards
• Health savings account, which includes bi-weekly state contribution
• Deferred compensation 457(b) account (similar to 401(k) plan) with employer match
• Two (2) fully-funded pension plan options
• A robust, comprehensive program of leave policies covering a variety of employee needs, including but not limited to:
  • 150 hours of paid New Parent Leave and up to eight weeks of paid Childbirth Recovery Leave for eligible mothers
  • Up to 15 hours of paid community service leave
• Combined 180 hours of paid vacation, personal, and sick leave time off
• 12 paid holidays, 14 on election years
• Education Reimbursement Program
• Group life insurance
• Referral Bonus program
• Employee assistance program that allows for covered behavioral health visits
• Qualified employer for the Public Service Loan Forgiveness Program
• Free Parking for most positions
• Free LinkedIn Learning access

Equal Employment Opportunity:

The State of Indiana is an Equal Opportunity Employer and is committed to recruiting, selecting, developing, and promoting employees based on individual ability and job performance. Reasonable accommodations may be available to enable individuals with disabilities to complete the application and interview process as well as perform the essential functions of a role. If you require reasonable accommodations to complete this application, you can request assistance by contacting the Indiana State Personnel Department at jobs@spd.IN.gov.