The Actuarial Analyst is responsible for preparation of all the ratemaking exhibits, identifying and analyzing data anomalies and work to resolve them with data personnel, supporting research projects by extracting data and creating exhibits, analyzing legislative proposals, and handling complicated telephone, email and written inquires from customers/carriers. Further, the Actuarial Analyst will assist senior staff as required as well as assist in the training of junior staff members, as needed.
Preparation of ratemaking files and exhibits in NYCIRB filings.
Identifying and analyzing data anomalies and working with data personnel to resolve them.
Supporting research projects by extracting data, creating exhibits, and providing analysis of the results.
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.
Some actuarial or workers’ compensation actuarial experience preferred.
Proficiency in Microsoft Excel, Word and Access.
Familiarity with SAS preferred.
Data and Statistics analysis skills are a must, as well as attention to detail.
Familiarity with Statistical Models.
Excellent written and oral communication skills
College graduate with major in mathematics, statistics or related field of study.
Completion of at least 2 Casualty Actuarial Society Examinations.
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 State. In 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.