Actuarial Analyst

$71,000 - $85,000/Yr

MDC Holdings - New York, NY

Full-time

New York, NY

Construction of Buildings

About the position

The Actuarial Analyst at NYCIRB plays a crucial role in the preparation of ratemaking exhibits and the analysis of data anomalies within the workers' compensation insurance sector. This position involves supporting research projects, analyzing legislative proposals, and providing assistance to senior staff while also contributing to the training of junior staff members. The role is essential for maintaining a stable workers' compensation system in New York through data-driven insights and effective communication with various stakeholders.

Responsibilities

• Preparation of ratemaking files and exhibits in NYCIRB filings.
• Supporting research projects by extracting data and creating exhibits.
• Identifying and analyzing data anomalies and working with data personnel to resolve them.
• Helping advance actuarial methods employed by the department.
• Analyzing legislative proposals.
• Handling technical phone, email, and written inquiries from various parties.
• Assisting senior staff as required to accomplish divisional goals.
• Assisting in the training of junior staff members, as needed.
• Other duties as assigned and deemed necessary by management.

Requirements

• Some actuarial or workers' compensation actuarial experience preferred.
• Proficiency in Microsoft Excel, Word, and Access.
• Familiarity with computer programming; SAS preferred.
• Data and Statistical 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.