Actuarial Analyst
Actuarial Analyst
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
USD 71000 - 85000
1 Vacancy
Job Description
COMPANY DESCRIPTION
The New York Compensation Insurance Rating Board (NYCIRB) is a non-profit unincorporated association of insurance carriers. NYCIRB is licensed by the New York State Department of Financial Services as the official workers compensation rate service organization in the this capacity NYCIRB provides a variety of services to the workers compensation industry including data collection and analysis and the development of loss costs and rating values. These activities along with analytical tools research and customer focused services are intended to foster a stable and healthy workers compensation system in the State of New York.
SUMMARY
The Actuarial Analyst is responsible for supporting research projects by extracting data identifying and analyzing data anomalies and creating exhibits to support various analyses. The analyst will also work to resolve any discovered data anomalies with data team personnel and handle complicated telephone email and written inquiries from customers/carriers as necessary. Analysis will involve critical thinking and problem solving resulting in the production of clearly labeled output and well documented conclusions. Further the Actuarial Analyst will assist senior staff as required in analyzing legislative proposals as well as assisting in the training of other staff members as needed.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Supporting research projects by extracting data creating exhibits and providing analysis of the results.
- Identifying and analyzing data anomalies and working with data personnel to resolve them.
- Helping advance actuarial methods employed by the department.
- Analyzing legislative proposals.
- Handling technical phone email and written inquiries from various parties.
- Assist senior staff as required to accomplish divisional goals.
- Assist in the training of junior staff members as needed.
- Other duties as assigned and deemed necessary by management.
QUALIFICATIONS
- Some actuarial or workers compensation actuarial experience preferred.
- Proficiency in Microsoft Excel Word and Access.
- Familiarity with SAS preferred.
- Data and Statistical analysis skills are a must as well as attention to detail.
- Familiarity with Statistical Models.
- Excellent written and oral communication skills
EDUCATION REQUIREMENTS
- College graduate with major in mathematics statistics or related field of study.
- Completion of at least 2 Casualty Actuarial Society Examinations
PHYSICAL DEMANDS AND WORK ENVIRONMENT
The physical demands described in this section are to be representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.
- Work requires mobility with frequent bending and standing.
- Frequent use of arms for stretching and reaching and use of legs for walking and lifting. 80% -90% of work hours are spent sitting down.
- This job operates in an office and remote setting. This role routinely uses standard office equipment such as computers phones photocopiers and the like.
SALARY RANGE
- $71000 - $85000
Required Experience:
Junior IC
Employment Type
Full-Time
