What are the responsibilities and job description for the Statistical Assistant position at Penda Aiken, Inc?
Title : Statistical Assistant
Position Type : Temporary
Location : Albany, NY
Hours : M-F 9am - 5pm, 37.5 hours weekly
Salary : $24-26 per hour
Our client is looking for a Statistical Assistant to provides administrative support to ensure efficient office operations. This role will help drive the transformation of data, and business processes and practices for a State Agency. The role will also develop data analytics and reports.
Responsibilities :
- 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. Requirements :
Bachelor's degree in accounting or related subject
4 years of financial services experience in one or more of the following : Metrics and Reporting, Statistical Data Analysis, Business Analytics
Data analysis experience
Data visualization experience
Submit your resume today!
Salary : $24 - $26