Demo

Statistical Assistant

Penda Aiken, Inc
Albany, NY Full Time
POSTED ON 1/23/2025
AVAILABLE BEFORE 4/18/2025

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

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