Demo

Statistical Assistant Actuary

New Wave People
New York, NY Full Time
POSTED ON 1/24/2025
AVAILABLE BEFORE 4/23/2025

M-F -9A to 5P

Unpaid Lunch Break

Possible but unlikely Overtime

No travel required

  • Telecommuting may be allowed at the discretion of the hiring manager

Possible but unlikely Work required on a NYS Holiday

No Parking Provided

Examples of business writing include : Business letters, emails, memos, handbooks, business reports, press releases, newsletters are required.

Minimum Candidate Qualifications : The candidate must have a minimum of :

  • Bachelor's degree including 24 semester credit hours in mathematics, statistics, or actuarial science ; and
  • Eligible to work in New York State
  • Job Description and Required Services :
  • assists in constructing actuarial tables by analyzing and presenting data;
  • assists in reviewing the actuarial basis of plans and calculates premiums; evaluates premium rates, reserves, and liabilities;
  • assists in reviewing methods used to value categories of policies, special benefits, or special liability terms;
  • assists in checking the mathematical accuracy of calculations;
  • participates in field examinations of one or more of the following : life insurance companies, fraternal benefit societies, health maintenance organizations (HMOs), commercial carriers, non-profits, and retirement systems;
  • assists in preparing valuation memoranda; assists in reviewing health insurer rate submissions and statistical compilations;
  • reviews insurance company rate filings and reserve analysis for compliance with standards; maintains in-house databases;
  • reviews claims records and death and disability cases to establish proper estimates of eventual incurred losses;
  • computes loss reserves for death and disability cases;
  • calculates the present values of workers' compensation cases and the amount payable to claimants;
  • calculates reserves for transfers, disability, and deferred allowances;
  • computes cost-of-living factors for supplemental pensions paid to annuitants;
  • checks computations for valuation and service retirement allowance
  • assists with special projects and research as needed; and
  • performs other duties as assigned.
  • In addition, the candidate must possess and / or have the ability to :

  • Work individually and as part of a team.
  • Track and manage reporting projects without daily oversight.
  • Excellent verbal communication, writing, and interpersonal skills.
  • Strong project management skills, including experience managing multiple time-sensitive, complex projects
  • simultaneously.

  • Detail-oriented with the ability to organize and prioritize tasks effectively in a fast-paced environment.
  • Proficiency with Microsoft 365, including working experience with Excel, WebEx, and Zoom.
  • Manage varied tasks as assigned
  • Salary Commensurate with scope of work job experience

    Business Casual and footwear to perform tasks in a safe manner.

    This job description is not intended to be all inclusive and employee will be expected to perform other reasonably related duties as assigned.

    New Wave People is an Equal Opportunity Employer (EEO).

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