Position Information

NY HELPNo

AgencyInsurance Fund, State

TitleAssistant Actuary

Occupational CategoryFinancial, Accounting, Auditing

Salary Grade14

Bargaining UnitPS&T - Professional, Scientific, and Technical (PEF)

Salary RangeFrom $45445 to $58028 Annually

Employment Type Full-Time

Appointment Type Contingent Permanent

Jurisdictional Class Competitive Class

Travel Percentage 10%

Schedule

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 8:30 AM

To 5 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? No

Location

County New York

Street Address 199 Church Street

City New York

StateNY

Zip Code10007

Job Specifics

Minimum Qualifications On or before the date of filing your application, you must have all of the following:

• A bachelor's degree or higher 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.

As a competitive class position in a New York State agency, you must file for and be reachable on the NYS Department of Civil Service continuous examination for the title Assistant Actuary to be considered for this vacancy. The examination announcement including the specifics for this test is available on Civil Service’s website: www.cs.ny.gov/examannouncements/announcements/oc-cr/decentralized/20-104.cfm.

This continuous recruitment examination requires the completion of an application/supplemental questionnaire (see examination announcement for link). If you meet the minimum qualifications, your training, education, and experience will be evaluated against the general background/critical activities of the position. Your completed application/supplemental questionnaire will be the only basis for rating your training, education and experience.

Duties Description As an Assistant Actuary with the New York State Insurance Fund, you would report to the Senior Actuary on various statistical projects related to Disability Benefits, Workers' Compensation, and Paid Family Leave.

Responsibilities include, but are not limited to:

• Gathering data from various departments within NYSIF;
• Preforming any necessary calculations to determine written and earned premium, paid and incurred loss reserves, and expense amounts;
• Preparing financial reports required by the New York Compensation Insurance Rating Board and the Department of Financial Services;
• Adhering to statistical reporting requirements, including both the accuracy of reported data and the timely completion of documents in accordance with specific deadlines; AND
• Other projects will be assigned on an ad hoc basis as needed.

Some positions may require additional credentials or a background check to verify your identity.

Contact Information

Name Renee Bartholomew

Telephone

Fax 518-437-1618

Email Address HR@NYSIF.COM

Address

Street 15 Computer Drive West

City Albany

State NY

Zip Code 12205

 

Notes on ApplyingPlease include the position title and vacancy id number on your cover letter. Candidates should include a resume and exam application/supplemental questionnaire (https://www.cs.ny.gov/announ/applications.cfm) to 15 Computer Drive West, Personnel, Albany, NY 12205 or email to hr@nysif.com.