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Job Details

Principal Actuary Casualty

Salary
From $95136 to $116844 Annuall

Location
Albany, NY

Date Last Verified
Aug 03,2018

Posted on
Aug 02,2018

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Profile

Contact
Agency
Insurance Fund, State
Title
Principal Actuary Casualty
Occupational Category
Financial, Accounting, Auditing
Salary Grade
28
Bargaining Unit
PS&T - Professional, Scientific, and Technical (PEF)
Salary Range
From $95136 to $116844 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
Albany
Street Address
15 Computer Drive West
City
Albany
State
NY
Zip Code
12205
Minimum Qualifications
Minimum Qualifications:
Bachelor’s degree, successful completion of at least four (4) examinations from the Casualty Actuarial Society and four years of actuarial experience. The Application for Examination may be accessed through the following link: ****Candidates must complete and submit the Application for Examination appropriate for this position.
Please see the NYS Department of Civil Service examination announcement linked below for additional notes regarding these qualifications: ****Preferred Qualifications:
Preferred qualifications include membership in the American Academy of Actuaries (MAAA) or an Associate of the Society of Actuaries (ASA). Disability actuarial experience preferred.
Duties Description
Illustrative Duties:
The Principal Actuary Casualty will report to the Chief Actuary or other high-level actuarial staff and will be responsible for performing the following duties which include but will not be limited to:
• Provide statutory disability coverage and Paid Family Leave coverage to support the Disability Benefits Fund.
• Analyze trends and drivers.
• Calculate appropriate loss reserves.
• Develop monthly, quarterly and annual financial reports.
• Review rates and rate structure.
• Review Return of Premium program and Premium Adjustment program.
• Analyze proposed new products and contracts.
• Develop analytics and models to support executive level decision making.
• Advise and assist business partners in the use of actuarial and mathematical techniques to analyze the business.
• Possible advisory and/or management responsibilities in support of the Aggregate Trust Fund depending on experience and qualification.
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
Tele****
Email Address
****
Address
Street
15 Computer Drive West
City
Albany
State
NY
Zip Code
12205

Company info

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