Assistant Actuary Casualty (NY HELPS)

Duties Description

The Actuarial Department of the New York State Insurance Fund (NYSIF) is seeking an Assistant Actuary to assist with various actuarial projects related to Workers’ Compensation Insurance. Responsibilities include, but are not limited to:

• Performing actuarial calculations related to pricing, safety groups or loss and expense reserves
• Conducting research studies on various topics
• Learning and utilizing analytical tools and query languages such as Spotfire, ResQ, and SQL
• Automating various processes using VBA, Access, and other software tools to achieve greater efficiency
• Analyzing and identifying loss drivers and trends
• Assembling data from IT and other internal and external sources
• Other projects as assigned on an ad hoc basis

Qualifications

Minimum Qualifications

• A bachelor’s degree including or supplemented by 24 semester credit hours in mathematics, statistics, and/or actuarial science; and successful completion of one examination of the Society of Actuaries or Casualty Actuarial Society.

Please be advised that the New York State Insurance Fund (NYSIF) does not offer sponsorship for employment visas to employees or potential employees. Candidates sponsored for employment by an organization should be aware of their sponsorship status and the relevant expiration date(s) of that sponsorship before applying to this position. NYSIF is not currently enrolled in eVerify, which is a requirement for certain types of employment verifications.

Additional Comments

Please note, the salary range displayed includes special salary treatments, such as location pay.

Higher Education Differential: eligible PEF employees who hold an associate’s degree or higher, or a qualifying New York State professional license, may receive a $600 annual lump-sum payment.

For new State employees appointed to graded positions, the annual salary is the hiring rate (beginning of the Salary Range) of the position. Promotion salaries are calculated by the NYS Office of the State Comptroller in accordance with NYS Civil Service Law, OSC Payroll rules and regulations and negotiated union contracts.

Fringe Benefits

• Competitive compensation
• Future career growth potential
• Open and supportive team-based environment
• Plentiful vacation, personal, and sick time off
• Paid state and federal holidays
• Affordable health insurance plans
• Dental and vision benefits provided at no additional cost
• Retirement options
• Public Student Loan Forgiveness (PSLF)
• Possibility of telecommuting, flextime, and Alternative Work Schedules (AWS)

NY HELPS Program

This title is part of the New York Hiring for Emergency Limited Placement Statewide Program (NY HELPS).

For the duration of the NY HELPS Program, this title may be filled via a non-competitive appointment, which means no examination is required but all candidates must meet the minimum qualifications of the title for which they apply.

At a future date, it is expected employees hired under NY HELPS will have their non-competitive employment status converted to competitive status, without having to compete in an examination. Employees will then be afforded with all the same rights and privileges of competitive class employees of New York State. While serving permanently in a NY HELPS title, employees may take part in any promotion examination for which they are qualified.

About NYSIF

For more information about NYSIF, including our mission, commitment to diversity, equity, and inclusion, and efforts to fulfill Executive Order 31, please visit www.nysif.com.

If you are a person with a disability and wish to request that a reasonable accommodation be provided for you to participate in a job interview, please send an email to NYSIF’s Reasonable Accommodations mailbox at [email protected].