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Review Vacancy

Date Posted 08/02/18

Applications Due09/02/18

Vacancy ID56697

AgencyInsurance Fund, State

TitleSupervising Actuary Casualty

Occupational CategoryFinancial, Accounting, Auditing

Salary Grade664

Bargaining UnitM/C - Management / Confidential (Unrepresented)

Salary RangeFrom $107800 to $136042 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Competitive Class

Travel Percentage 10%

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

County New York

Street Address 199 Church Street

City New York

StateNY

Zip Code10007

Minimum Qualifications Minimum Qualifications:
Bachelor’s degree, successful completion of at least five (5) examinations from the Casualty Actuarial Society and five years of actuarial experience. Candidates must complete and submit the Application for Examination appropriate for this position. The Application for Examination may be accessed through the following link: https://www.cs.ny.gov/extdocs/pdf/20-113.pdf.

Please see the NYS Department of Civil Service examination announcement linked below for additional notes regarding these qualifications:
https://www.cs.ny.gov/examannouncements/announcements/oc-cr/decentralized/20-123.cfm.

Preferred Qualifications:
Preferred qualifications include candidate to be an Associate or Fellow of the Casualty Actuarial Society (ACAS or FCAS) and a Member of the American Academy of Actuaries (MAAA).

Duties Description Illustrative Duties:
The Supervising Actuary Casualty will report to the Chief Actuary and will be responsible for performing the following duties which may include but will not be limited to:

• Lead the actuarial rate making process working with underwriting and senior management to develop sound rates and pricing recommendations;
•Conduct internal rate-level reviews and analyze impact of latest industry loss cost filings;
• Estimate pricing parameters for large accounts as well as monitor large account pricing model and retrospective rating plan parameters;
• Perform segment profitability analysis to identify trends;
• Identify leading indicators and ensure proper overall pricing;
• Analyze proposed new products and provide Executive Staff with sound analysis for the basis of Executive level decision making;
• Advise and assist business partners with actuarial and mathematical techniques and complete analytical assignment to support business decision making;
• Provide actuarial guidance in support of NYSIF’s predictive modeling initiatives;
• Represent the Fund on actuarial committees;
• Testify as an expert witness before the Workers’ Compensation Board; AND
• Oversee the management of staff which includes clarify job responsibilities and performance expectations, establish goals and job competencies, identify skill gaps, create development plans, coach and mentor on a continuous basis and evaluate performance.





Additional Comments This position may be filled in either Albany or NYC.

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

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, exam application/supplemental questionnaire: (https://www.cs.ny.gov/extdocs/pdf/20-113.pdf) to the following:

The New York State Insurance Fund Attn: Human Resources
15 Computer Drive West Albany, NY 12205
E-Mail address: hr@nysif.com

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