Exam Bulletin - Actuarial Analyst Supervisor

State of California

Exam Code: EX-1499

Examination Plans Included:

  • ACTUARIAL ANALYST SUPERVISOR - Open

Final Filing Date: Applications are accepted on a continuous basis.

Classification Details

ACTUARIAL ANALYST SUPERVISOR: $7,595.00 - $9,910.00 per Month

View the ACTUARIAL ANALYST SUPERVISOR classification specification.

Application Instructions

This is not a timed exam. If you request a Reasonable Accommodation your account will be locked and you will not be able to proceed with the exam until the request is processed.

Applications are accepted on a continuous basis.

Who Should Apply:

The information below will help you determine which classification(s) is(are) appropriate for you. Applicants must meet the Minimum Qualifications as stated on this bulletin to compete in this examination.

Open and Open, Non-Promotional Examination(s):

  • ACTUARIAL ANALYST SUPERVISOR - Open

For all Classifications, once you have participated in any of the following examinations, you may not recompete for 12 months:

Exam Code(s):

    1499

For ACTUARIAL ANALYST SUPERVISOR, once you have participated in any of the following examinations, you may not recompete for 12 months:

Exam Code(s):

  • EX-01499

How To Apply:

Submit an Examination/Employment Application (STD 678) to apply for this examination.

Electronic applications can be submitted through your account at www.CalCareers.ca.gov.

Special Testing Arrangements:

If you require assistance or alternative testing arrangements due to a disability, indicate on your application that you need reasonable accommodation. You will be contacted by a representative of the testing department to make the necessary arrangements. If you have not been contacted by the time you receive notification of testing, please contact the testing department listed in the Contact section of this bulletin.

If you are unable to submit your application or complete the test due to a disability, please contact the testing department listed in the Contact section of this bulletin.

Minimum Qualifications

All applicants must meet the education and/or experience requirements as stated on this exam bulletin to be accepted to the examination.

Unless otherwise stated in the Minimum Qualifications, qualifying experience may be combined on a proportionate basis if the requirements stated below include more than one pattern and are distinguished as "Either" 1, "or" 2, "or" 3, etc. For example, applicants possessing qualifying experience amounting to 50% of the required time of Pattern 1 and additional experience amounting to 50% of the required time of Pattern 2 may be accepted to an examination as meeting 100% of the overall experience requirement.

00105633 - ACTUARIAL ANALYST SUPERVISOR

Education:
Possession of a bachelor's degree from an accredited college or university. Registration as a senior in a recognized institution will admit applicants to the examination, but they must produce evidence of graduation or its equivalent before they can be considered eligible for appointment. and


Experience:
Either 1
Five years of experience in the California state civil service performing duties with a level of responsibility equivalent to an Actuarial Analyst; or

2
Five years of increasingly responsible experience reconciling and editing data to be used in actuarial valuation; applying actuarial methods and techniques to make or verify calculations; compiling and producing actuarial reports or statistical summaries; and utilizing actuarial software programs to determine liabilities or actuarial value of assets; or

3
Passed at least five of the professional actuarial examinations offered by either the Society of Actuaries (SOA), Casualty Actuarial Society (CAS), or an actuarial organization for which the SOA or CAS honors exam credits.

Position Description

00105633 - ACTUARIAL ANALYST SUPERVISOR

This is the first working level supervisor in the series, specific to the supervision of actuarial analysts and other subordinate staff. Under general supervision, incumbents may supervise the work activities of subordinate staff to ensure that work is consistent with expectations, policies and procedures; complete employee performance evaluations and probationary reports (indicating accomplishments, performance goals, and areas of improvement) to ensure employee performance is documented appropriately; provide performance feedback to staff; train, develop and mentor subordinate staff; plan, organize, and direct the work of the unit; monitor the work of actuarial analysts to ensure that tasks and projects are completed within established timeframes; ensure that the work performed by subordinates is reviewed at the appropriate level; participate in the recruitment and selection of new staff; act as an expert staff resource; establish or revise procedures and methods to meet changing program needs and may personally perform the more complex work or do other related work; may serve as project manager by developing project plans, identifying deliverables, establishing milestones/schedules, preparing progress reports, and resolving problems.

For information regarding position location(s), please refer to the Eligible List Information section.

Examination Information

We recommend using Chrome, Firefox, or Edge for optimal performance when accessing the examination.

This examination consists of the following components:

  • CalHR Online Exam : 100% of the final score.

A final score of 70% must be attained to be placed on the eligible list.

In addition to evaluating the applicant's relative knowledge, skill and ability as demonstrated by quality and breadth of education/experience, emphasis in each test component will be on measuring competitively, relative to job demands, each applicant's:

Knowledge of:
  1. Mathematical operations such as fractions, ratios, and percentages, to analyze, process, summarize, verify, or present numerical data 
  2. Statistical procedures such as those related to inferential statistics (e.g., probabilities, confidence intervals, correlations, regression) to analyze, process, summarize, verify, or present numerical data
  3. The principles and practices of staff supervision and performance management in addition to supervisor's responsibility for promoting equal opportunity in hiring and employee development and promotion, and for maintaining a work environment which is free of discrimination and harassment
Ability to:
  1. Use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems 
  2. Compose professional, clear, accurate, complete and concise reports and other correspondence to communicate and document information and data 
  3. Create charts and graphs using various computer programs (e.g., Excel, Power Point, Access) to summarize data and make presentations 
  4. Detect errors or recognize unreasonable data, assumptions and results
  5. Manage employee performance problems by planning and implementing measures to improve employee performance 
  6. Monitor work of subordinate staff to ensure that it meets quality, quantity, and timeliness standards 
  7. Document subordinate staff performance using performance evaluations and/or probationary reports to ensure staff performance is recorded accurately 
  8. Assign and delegate work to subordinate staff to ensure the program operates effectively

Eligible List Information

A Servicewide Open eligible list for the ACTUARIAL ANALYST SUPERVISOR Classification will be established for:

  • State of California

The names of successful competitors will be merged onto the eligible list(s) in order of final score regardless of test date. Eligibility expires 12 months after it is established. Applicants must then retake the examination to reestablish eligibility.

Resulting Eligibility List(s) will be used to fill vacancies throughout the State of California.

Veterans' Preference will be granted for this examination. Veterans' Preference is an assistance program for veterans, veteran widows and widowers, and spouses of 100% disabled veterans who seek employment with the state. Veterans' Preference is also extended to currently serving military members nearing their retirement or separation date.

You are not eligible for Veteran's Preference if you are:

  • A veteran who has been dishonorably discharged or released.
  • A veteran, widow or widower of a veteran, or spouse of a 100 percent disabled veteran who currently has permanent civil service status. (Permanent civil service status is the status of an employee who is lawfully retained in his/her position after completion of the applicable probationary period. This does not include limited term).

Veterans' Preference is codified in Government Code Sections 18973 – 18979.

Veteran status is verified by the California Department of Human Resources (CalHR). Directions to apply for Veterans' Preference are on the Veterans' Preference Application (Std. Form 1093), which is available at www.CalCareers.ca.gov, and the Department of Veterans Affairs.

Career Credits are not granted for examination(s) administered on an Open basis or a Promotional basis.

Actuarial Analyst Supervisor Training and Experience Exam Preview

Section 1: Tasks


Instructions:
 

Rate your experience performing specific job-related tasks.

 

Respond to each of the following statements by indicating how the statement applies to you. You are required to respond to every question and provide relevant examples.  Also, indicate the references who can verify the information provided.

 

In responding to each statement, you may refer to your WORK EXPERIENCE, whether paid or volunteer, your EDUCATION, and/or FORMAL TRAINING COURSES you have completed.

 

PLEASE NOTE:  This examination is designed to gain an overall assessment of your education, training, and experience as it directly relates to the duties and the knowledge, skills and abilities required for this position.  Possession of specific education is not required to be successful in this examination; however, such achievements may substitute for desirable levels of experience.  All components of this examination have been carefully validated by tying them directly to job requirements and documenting their relevance to the position.

 

  1. Extracting and reconciling data to be used in actuarial studies.   
  2. Compiling data needed to perform an analysis or validation, including identifying the data and accessing data from multiple electronic or written sources.
  3. Testing and editing data used in the development of actuarial valuations, studies, and/or models to ensure the completeness and integrity of data.
  4. Reviewing and analyzing data to identify trends, errors, incomplete data, or data anomalies.
  5. Researching and identifying discrepancies in actuarial data, as needed, to ensure the soundness and integrity of the data from various sources.
  6. Identifying and investigating outlying or anomalous data and exploring the possible reasons for their existence.
  7. Producing statistical summaries and reports to analyze the more complex data using a variety of software and tools.
  8. Utilizing actuarial software programs to determine the present value of liabilities and assets using various standards of valuation.
  9. Conducting actuarial analyses or valuations to verify the accuracy and reasonability of premiums/contributions, rates, rate changes, reserves/liabilities, or other related factors.
  10. Compiling and producing actuarial reports or statistical summaries to describe and document work performed in the organization.
  11. Leading staff performing actuarial duties to monitor workflow and ensure work meets quality and timeliness standards.
  12. Providing training and/or guidance to staff to ensure adherence to organizational policies and procedures regarding actuarial practices.
  13. Responding to inquiries from parties on actuarial matters, where appropriate.
  14. Drafting issue papers, written procedures, and/or manuals detailing issues or solutions regarding actuarial work.

    Testing Departments

    • State of California

    Contact Information

    Questions regarding this examination should be directed to:

    State of California
    CalCareer Service Center
    1810 16th Street
    Sacramento, CA 95811
    Phone: (866) 844-8671
    CalCareer@calhr.ca.gov

    California Relay Service: 1-800-735-2929 (TTY), 1-800-735-2922 (Voice). TTY is a Telecommunications Device for the Deaf, and is reachable only from phones equipped with a TTY Device.

    Equal Opportunity Employer

    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.

    Drug Free Statement

    It is an objective of the State of California to achieve a drug-free State 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.

    General Information

    Examination and/or Employment Application (STD 678) forms are available at the California Department of Human Resources, local offices of the Employment Development Department, and through your CalCareer Account (www.CalCareers.ca.gov).

    If you meet the requirements stated on this examination 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 in this bulletin will be rated against a predetermined job-related rating, and all applicants who pass will be ranked according to their scores.

    State of California 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 laws and rules and all applicants will be notified.

    General Qualifications: Applicants must possess essential personal qualifications including integrity, initiative, dependability, good judgment, the ability to work cooperatively with others, and a state of health consistent with the ability to perform the assigned duties of the class. A medical examination may be required. In open examinations, investigation may be made of employment records and personal history and fingerprinting may be required.

    Eligible Lists: Eligible lists established by competitive examination, regardless of date, must be used in the following order: 1) sub-divisional promotional, 2) departmental promotional, 3) multi-departmental promotional, 4) service-wide promotional, 5) departmental open, 6) open. When there are two lists of the same kind, the older must be used first. Eligible lists will expire in one to four years unless otherwise stated on the bulletin.

    High School Equivalence: Equivalence to completion of the 12th grade may be demonstrated in any one of the following ways: 1) passing the General Education Development (GED) Test; 2) completion of 12 semester units of college-level work; 3) certification from the State Department of Education, a local school board, or high school authorities that the competitor is considered to have education equivalent to graduation from high school; or 4) for clerical and accounting classes, substitution of business college work in place of high school on a year-for-year basis.

    Accepted applicants must provide proof of identification at each in-person test session. Acceptable identification consists of a photo identification card or two forms of signed identification.

    Application Methods:
    Electronic (Your CalCareer Account)