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Job Details

Principal Actuary Casualty

Company name
State Insurance Fund

Salary
From $95136 to $116840 Annuall

Location
Albany, NY
5 hit(s)  

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 $116840 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: https://www.cs.ny.gov/extdocs/pdf/20-113.pdf. Candidates must complete and submit the Application for Examination appropriate for this position.

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

Telephone

Fax

(518) 437-1618

Email Address

hr@nysif.com

Address

Street

15 Computer Drive West

City

Albany

State

NY

Zip Code

12205

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