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Job Details

Supervising Actuary Casualty

Company name
State Insurance Fund

Salary
From $107800 to $136042 Annual

Location
New York City, NY
4 hit(s)  

Profile

Contact

Agency

Insurance Fund, State

Title

Supervising Actuary Casualty

Occupational Category

Financial, Accounting, Auditing

Salary Grade

664

Bargaining Unit

M/C - Management / Confidential (Unrepresented)

Salary Range

From $107800 to $136042 Annually

Employment Type

Full-Time

Appointment Type

Permanent

Jurisdictional Class

Competitive Class

Travel Percentage

0%

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

State

NY

Zip Code

10007

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

Company Profile

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