What are the responsibilities and job description for the Financial Analyst 1 (WC)/Financial Analyst Trainee 1 / 2 (NY HELPS), WCB Item #8550 position at Workers' Compensation Board?
The duties that the incumbent of the vacancy will be expected to perform. Duties Description • Assists in development of reports.• Recommends improvements to best achieve goals; review and suggest improvements to current or planned systems and processes.• Performs data extraction, aggregation, and quality checks from Microsoft SQL Server, Excel and Access applications• Uses database concepts to test and provide suggestions for databases• Organizes and document meeting minutes• Assists with managing and organizing projects• Assists with managing writing and maintaining procedures• Reviews Claims Information System (CIS) for relevant information to determine fund liability• Reviews requests for funding for medical and indemnity payments associated with Special Fund claims being administered by the Board's contracted Third-Party Administrators (TPAs)• Works with TPAs to ensure proper administration of the claims; Ensure that TPA is meeting contract requirements including timely submission of reports and in their appropriate formats
The minimum qualifications required for this vacancy. Minimum Qualifications NY HELPSThis title is part of the New York Hiring for Emergency Limited Placement Statewide Program (NY HELPS).For the duration of the NY HELPS Program, this title may be filled via a non-competitive appointment, which means no examination is required but all candidates must meet the minimum qualifications of the title for which they apply.At a future date (within one year of permanent appointment), it is expected employees hired under NY HELPS will have their non-competitive employment status converted to competitive status, without having to compete in an examination. Employees will then be afforded with all of the same rights and privileges of competitive class employees of New York State. While serving permanently in a NY HELPS title, employees may take part in any promotion examination for which they are qualified.Candidates may be required to serve a two-year traineeship that leads to the SG-18 position. The traineeship would include the SG-14 Trainee1 and SG-16 Trainee 2 positions. After successful completion of the two-year traineeship the incumbent will advance to the SG-18 level.NON-COMPETITIVE MINIMUM QUALIFICATIONS: Financial Analyst Trainee 1 Workers Compensation (Starting Salary $53,764)- A bachelor's or higher degree.Financial Analyst Trainee 2 Workers Compensation (Starting Salary $59,994)- A bachelor's degree and one year of professional experience in performing financial statement analysis, collateral analysis, reserve analysis, cash flow analysis such as revenue and expenditure forecasting, budget variance analysis and industry analysis to determine repayment ability. A Juris Doctor, master's or higher degree in a related field can substitute for one year of specialized experience.Financial Analyst 1 Workers Compensation (Starting Salary $66,951)- A bachelor's and two years of professional experience in performing financial statement analysis, collateral analysis, reserve analysis, cash flow analysis such as revenue and expenditure forecasting, budget variance analysis and industry analysis to determine repayment ability. A Juris Doctor, master's or higher degree in a related field can substitute for one year of specialized experience.55 B/C QUALIFICATIONS: Individuals certified eligible for the 55b/c program under the Governor’s Program to Hire Persons/Veterans with Disabilities pursuant to Section 55b/c of the Civil Service Law will also be considered. To be considered, you must meet the minimum qualifications and provide a copy of your letter of eligibility with your response. Candidates must meet the non-competitive minimum qualifications listed above.COMPETITIVE MINIMUM QUALIFICATIONS: CIVIL SERVICE LIST APPOINTMENT: Candidates must be reachable on the appropriate Civil Service eligible list.TRANSFER QUALIFICATIONS: Candidates must have one year of permanent competitive or 55 b/c service in a title designated as appropriate for transfer in accordance with Section 52.6, 70.1 OR 70.4 of the Civil Service law.70.4 transfer candidates must have one year of permanent competitive service in a position allocated to a SG-11 or higher and possess a bachelor’s degree or higher and have standing on the PCO list.
Additional comments regarding the vacancy. Additional Comments Please Note: A hybrid telecommuting schedule can be discussed with the hiring manager during the interview.We offer a work-life balance and a generous benefits package, worth 65% of salary, including: Holiday & Paid Time Off• Thirteen (13) paid holidays annually.• Thirteen (13) days of paid vacation leave in year one, increasing to 20 days with additional years of service.• Five (5) days of paid personal leave annually.• Thirteen (13) days of paid sick leave annually for PEF/CSEA and eight (8) days paid sick leave annually for M/C.• Annual professional leave and educational leave opportunities for eligible staff.Health Care Benefits• Eligible employees and dependents can choose from a variety of affordable and generous health insurance programs.• Family dental and vision benefits at no additional cost.Additional Benefits• Public Service Loan Forgiveness (PSLF).• Enrollment in the New York State pension system which has earned the distinction of being one of the best-managed and best-funded plans in the nation OR Optional Retirement Defined Contribution Plan with 8% salary match (eligibility requirements apply).• NYS Deferred Compensation and an exclusive 403(b) Optional Retirement Savings Plan.• Paid Parental Leave for all employees and Paid Family Leave (M/C Only).• Eligibility for various life insurance options.• Access to NY 529 and NY ABLE College Savings Program• Flexible Spending Program, which allows employees to set aside pre-tax payroll deductions for eligible health care and dependent care expenses.For new State employees appointed to graded positions, the annual salary is the hiring rate (beginning of the Salary Range) of the position. Promotion salaries are calculated by the NYS Office of the State Comptroller in accordance with NYS Civil Service Law, OSC Payroll rules and regulations and negotiated union contracts.The Workers’ Compensation Board (Board) is an equal opportunity employer. The Board does not discriminate based upon age, race, creed, color, national origin, sexual orientation, gender identity or expression, religion, military or veteran status, sex, disability (including pregnancy-related conditions), predisposing genetic characteristics, familial status, marital status, status as a victim of domestic violence, or other applicable legally protected characteristics. The Board is dedicated to eliminating injustices and ensuring diversity in our workforce so we can better serve our staff and create a space where all feel safe to be themselves. To help meet those goals, we encourage applicants from marginalized communities to apply. We are looking for candidates who are committed to working in and contributing to an environment that fosters a sense of belonging, as well as inclusion, and celebrates people of all backgrounds, identities, experiences, and perspectives.
Some positions may require additional credentials or a background check to verify your identity.
The minimum qualifications required for this vacancy. Minimum Qualifications NY HELPSThis title is part of the New York Hiring for Emergency Limited Placement Statewide Program (NY HELPS).For the duration of the NY HELPS Program, this title may be filled via a non-competitive appointment, which means no examination is required but all candidates must meet the minimum qualifications of the title for which they apply.At a future date (within one year of permanent appointment), it is expected employees hired under NY HELPS will have their non-competitive employment status converted to competitive status, without having to compete in an examination. Employees will then be afforded with all of the same rights and privileges of competitive class employees of New York State. While serving permanently in a NY HELPS title, employees may take part in any promotion examination for which they are qualified.Candidates may be required to serve a two-year traineeship that leads to the SG-18 position. The traineeship would include the SG-14 Trainee1 and SG-16 Trainee 2 positions. After successful completion of the two-year traineeship the incumbent will advance to the SG-18 level.NON-COMPETITIVE MINIMUM QUALIFICATIONS: Financial Analyst Trainee 1 Workers Compensation (Starting Salary $53,764)- A bachelor's or higher degree.Financial Analyst Trainee 2 Workers Compensation (Starting Salary $59,994)- A bachelor's degree and one year of professional experience in performing financial statement analysis, collateral analysis, reserve analysis, cash flow analysis such as revenue and expenditure forecasting, budget variance analysis and industry analysis to determine repayment ability. A Juris Doctor, master's or higher degree in a related field can substitute for one year of specialized experience.Financial Analyst 1 Workers Compensation (Starting Salary $66,951)- A bachelor's and two years of professional experience in performing financial statement analysis, collateral analysis, reserve analysis, cash flow analysis such as revenue and expenditure forecasting, budget variance analysis and industry analysis to determine repayment ability. A Juris Doctor, master's or higher degree in a related field can substitute for one year of specialized experience.55 B/C QUALIFICATIONS: Individuals certified eligible for the 55b/c program under the Governor’s Program to Hire Persons/Veterans with Disabilities pursuant to Section 55b/c of the Civil Service Law will also be considered. To be considered, you must meet the minimum qualifications and provide a copy of your letter of eligibility with your response. Candidates must meet the non-competitive minimum qualifications listed above.COMPETITIVE MINIMUM QUALIFICATIONS: CIVIL SERVICE LIST APPOINTMENT: Candidates must be reachable on the appropriate Civil Service eligible list.TRANSFER QUALIFICATIONS: Candidates must have one year of permanent competitive or 55 b/c service in a title designated as appropriate for transfer in accordance with Section 52.6, 70.1 OR 70.4 of the Civil Service law.70.4 transfer candidates must have one year of permanent competitive service in a position allocated to a SG-11 or higher and possess a bachelor’s degree or higher and have standing on the PCO list.
Additional comments regarding the vacancy. Additional Comments Please Note: A hybrid telecommuting schedule can be discussed with the hiring manager during the interview.We offer a work-life balance and a generous benefits package, worth 65% of salary, including: Holiday & Paid Time Off• Thirteen (13) paid holidays annually.• Thirteen (13) days of paid vacation leave in year one, increasing to 20 days with additional years of service.• Five (5) days of paid personal leave annually.• Thirteen (13) days of paid sick leave annually for PEF/CSEA and eight (8) days paid sick leave annually for M/C.• Annual professional leave and educational leave opportunities for eligible staff.Health Care Benefits• Eligible employees and dependents can choose from a variety of affordable and generous health insurance programs.• Family dental and vision benefits at no additional cost.Additional Benefits• Public Service Loan Forgiveness (PSLF).• Enrollment in the New York State pension system which has earned the distinction of being one of the best-managed and best-funded plans in the nation OR Optional Retirement Defined Contribution Plan with 8% salary match (eligibility requirements apply).• NYS Deferred Compensation and an exclusive 403(b) Optional Retirement Savings Plan.• Paid Parental Leave for all employees and Paid Family Leave (M/C Only).• Eligibility for various life insurance options.• Access to NY 529 and NY ABLE College Savings Program• Flexible Spending Program, which allows employees to set aside pre-tax payroll deductions for eligible health care and dependent care expenses.For new State employees appointed to graded positions, the annual salary is the hiring rate (beginning of the Salary Range) of the position. Promotion salaries are calculated by the NYS Office of the State Comptroller in accordance with NYS Civil Service Law, OSC Payroll rules and regulations and negotiated union contracts.The Workers’ Compensation Board (Board) is an equal opportunity employer. The Board does not discriminate based upon age, race, creed, color, national origin, sexual orientation, gender identity or expression, religion, military or veteran status, sex, disability (including pregnancy-related conditions), predisposing genetic characteristics, familial status, marital status, status as a victim of domestic violence, or other applicable legally protected characteristics. The Board is dedicated to eliminating injustices and ensuring diversity in our workforce so we can better serve our staff and create a space where all feel safe to be themselves. To help meet those goals, we encourage applicants from marginalized communities to apply. We are looking for candidates who are committed to working in and contributing to an environment that fosters a sense of belonging, as well as inclusion, and celebrates people of all backgrounds, identities, experiences, and perspectives.
Some positions may require additional credentials or a background check to verify your identity.
Salary : $53,764 - $66,951
