Associate Actuary Life

1 month ago

Albany, New York, United States StateJobsNY Full time

Do you want a career with a purpose that provides work/life balance? Apply today to join the Office of the New York State Comptroller.

No exam required under the New York Hiring for Emergency Limited Placement Statewide (NY HELPS) Program.

Non-Competitive Qualifications for appointment under the NYHELPS Program:
A bachelor's degree or higher; AND successful completion of two examinations of the Society of Actuaries; AND three years of actuarial experience in one or more of the following activities:

  • Actuarial or statistical work for operating units or management.
  • Governmental regulatory actuarial functions; governmental or private pension actuarial functions.
  • Performing actuarial computations for reserves, premium rates, and/or policy forms.

Competitive Minimum Qualifications:


You must be currently reachable on the appropriate eligible list for this title or eligible to transfer under Section 70.1 or 52.6 of the Civil Service Law.



70.1 Transfer:


To be eligible for a 70.1 transfer to an Associate Actuary Life SG-24, you must have one year of permanent competitive service in a qualifying title allocated to a salary grade 22 or above.


52.6 Transfer:


To be eligible for a 52.6 transfer to an Associate Actuary Life SG-24, you must have one year of permanent competitive service in a qualifying title allocated to a salary grade 22 or above; AND a bachelor's degree or higher; AND Successful completion of two examinations of the Society of Actuaries.

To determine if your current Civil Service title is eligible for transfer to this title, visit the Career Mobility GOT-IT website: Career Mobility Office " GOT-IT )


Appointments via transfer must not result in a second, consecutive transfer with an advancement of more than two S-grades or one M-grade.

Duties Description

  • Fiscal Notes
o Update fiscal notes for a new legislative session. Check novel fiscal notes, recommending revised methodology where appropriate.
o Develop a mastery of Access.
o Develop a mastery of PeopleSoft data and cases.
o Review and check all revisions to fiscal note policies.

  • Actuarial Data Aggregation and Year End File Creation

o Develop expertise in the process used to aggregate and validate actuarial data used in the annual valuation input files.

o Develop a mastery of PeopleSoft data tables and cases.
o Develop a mastery of TSQL and PL/SQL.

  • Publications
o Check actuarial reports and miscellaneous calculations using excel and word editing skills.

o Develop a mastery of the actuarial valuation book, the report of the actuary, and the actuarial components of the ACFR and insurance report.

o Begin developing exhibits independently, as requested, and otherwise review and check all entries in these documents.

  • Actuarial Calculations

o Perform bond refunding, workers compensation offsets, escalation, COLA, structured judgements, and option 4 calculations (including qualified domestic relations orders).

o Develop a mastery of Excel.
o Develop a mastery of bond refunding and option 4 calculations.
o Assure QDRO compliance.

  • Actuarial Assumptions Research

o As directed by the Chief Actuary, perform independent research of outside forces impacting various actuarial assumptions, by conducting in-house studies and reading professional literature, and report findings.

o Support the development of presentations delivered by the Chief Actuary. Support the development of the Actuarial Assumptions Report.
o Draft memorandums establishing policies and procedures for actuarial bureau for review by the lead actuary.

Additional Comments Desired Competencies

  • Experience computing optional pension allowances as directed by Qualified Domestic Relations Orders
  • Experience computing actuarial equivalence, option factors and annuities according to NYSLRS' laws and policies
  • Experience reviewing present value calculations and the development of pension liabilities
  • Knowledge of NYSLRS' retirement plans
  • Experience working with large datasets
  • Experience reviewing actuarial reports - like the Comprehensive Annual Financial Report
  • Experience with developing and reviewing SQL scripts
  • Commitment to taking and passing actuarial exams
  • Strong computer skills - SQL, Access, Excel
  • Strong computational skills

Telecommuting:


The Office of the New York State Comptroller (OSC) supports telecommuting where it is reasonable to do so based upon the agency's mission and operational needs.

Generally, employees new to OSC will be restricted from telecommuting for at least 8 calendar weeks.

After the initial 8 calendar week restriction, if an employee's duties and work performance are aligned with telecommuting they may be allowed to do so.

Upon approval to telecommute, OSC employees may telecommute up to 5 days per pay period.

Reasonable Accommodation:
The NYS Office of the State Comptroller provides reasonable accommodations to applicants with
disabilities. If you need reasonable accommodation for any part of the application and hiring process, please notify the Division of Human Resources at

Equal Opportunity Employment:
The Office of the NYS Comptroller values a workforce with a broad, diverse range of backgrounds and perspectives.

All employees are expected to contribute to a professional environment focused on self-evaluation and improvement, as well as acceptance and support of coworkers.

Some positions may require additional credentials or a background check to verify your identity.

Name David Heaphy

Telephone

Fax

Email Address

Address

Street Office of Human Resources

110 State Street, 12th Floor

City Albany

State NY

Zip Code 12236


Notes on Applying Submit a clear, concise cover letter and resume stating how you meet the above minimum qualifications to , no later than August 22, 2024.

Documents must be sent as unlocked and accessible attachments.

Reference Item #07060-OER- DJH in the subject line of your email and on the cover letter for proper routing.

If you have questions about this vacancy, please contact this Division representative:

Division contact:
Katrina Connelly,

When responding, please include the reference number and letters listed in this section only. The OER ID # should not be included.


Be sure to submit an unofficial copy of any transcripts you may have with your cover letter and resume, as there are educational requirements for this position.

  • Principal Actuary Life,

    1 month ago

    Albany, New York, United States StateJobsNY Full time

    Do you want a career with a purpose that provides work/life balance? Apply today to join the Office of the New York State Comptroller.No exam required under the New York Hiring for Emergency Limited Placement Statewide (NY HELPS) Program.Non-Competitive Qualifications for appointment under the NYHELPS Program:Bachelor's degree or higher; AND successful...

  • Senior Actuary Life

    1 month ago

    Albany, New York, United States StateJobsNY Full time

    Do you want a career with a purpose that provides work/life balance? Apply today to join the Office of the New York State Comptroller.No exam required under the New York Hiring for Emergency Limited Placement Statewide (NY HELPS) Program.Non-Competitive Qualifications for appointment under the NYHELPS Program:A bachelor's degree including or supplemented by...

  • Assistant Actuary

    1 month ago

    Albany, New York, United States StateJobsNY Full time

    Do you want a career with a purpose that provides work/life balance? Apply today to join the Office of the New York State Comptroller.No exam required under the New York Hiring for Emergency Limited Placement Statewide (NY HELPS) Program.Non-Competitive Qualifications for appointment under the NYHELPS Program:For appointment to the Actuary Trainee (equated...

  • Vice President, Pension Risk Transfer Pricing Lead

    1 week ago

    Albany, New York, United States Pacific Life Full time

    Position OverviewRole Summary:At Pacific Life, we understand the importance of securing financial futures and ensuring peace of mind for our clients. Our mission is to provide exceptional service and innovative solutions that empower individuals to achieve their retirement goals. We are currently seeking a skilled Vice President, Pension Risk Transfer...

  • VP, Head of Pension Risk Transfer Pricing Expert

    6 days ago

    Albany, New York, United States Pacific Life Full time

    About the RoleWe are seeking a highly skilled and experienced professional to lead our Pension Risk Transfer Pricing team. As the VP, Head of Pension Risk Transfer Pricing, you will play a critical role in driving the growth and long-term success of Pacific Life's Institutional Division.Key ResponsibilitiesOversee all pricing strategies for the Pension Risk...

  • VP, Head of Pension Risk Transfer Pricing Expert

    5 days ago

    Albany, New York, United States Pacific Life Full time

    About the RoleWe are seeking a highly skilled and experienced professional to lead our Pension Risk Transfer Pricing team. As the VP, Head of Pension Risk Transfer Pricing, you will play a critical role in driving the growth and long-term success of Pacific Life's Institutional Division.Key ResponsibilitiesOversee all pricing strategies for the Pension Risk...

  • Vice President of Pension Risk Transfer Pricing

    1 week ago

    Albany, New York, United States Pacific Life Full time

    Position Overview: At Pacific Life, we are dedicated to ensuring the financial security of our policyholders by providing comprehensive retirement solutions. Our mission is to support individuals in their journey towards a fulfilling retirement, and we believe that collaboration and innovation are key to achieving this goal. As a member of our team, you will...

  • VP, Head of Pension Risk Transfer Pricing Expert

    6 days ago

    Albany, New York, United States Pacific Life Full time

    Job SummaryWe are seeking a highly skilled and experienced Vice President, Head of Pension Risk Transfer Pricing to join our Institutional Division in Newport Beach, CA. This role can either be remote or hybrid (3 days in the office, 2 days from home).Key ResponsibilitiesThe successful candidate will play a key role in Pacific Life's growth and long-term...

  • Culinary Service Associate

    1 week ago

    Albany, New York, United States Life Enriching Communities Full time

    Shifts Available: Full-Time: Monday - Friday with rotating weekends, 7:00am-3:30pm (4 days per week - 32 hours / week) Part-Time: Monday - Friday with rotating weekends, 4:00pm-7:00pm (3-4 days per week) Your Role: As a vital member of our dining team, you will warmly welcome, serve, and assist our Independent Living residents with their menu choices. Your...

  • Residential Life Management Professional

    2 days ago

    Albany, New York, United States Bryant & Stratton College Full time

    About the RoleWe are seeking a highly skilled and dedicated Resident Life Director to join our team at Bryant & Stratton College.Key ResponsibilitiesDevelop and implement programs that foster a sense of community and inclusivity among residents.Collaborate with faculty and staff to ensure a seamless integration of academic and residential life.Provide...

  • Molecular Oncology Sales Specialist

    2 days ago

    Albany, New York, United States Caris Life Sciences Full time

    About the Role**Job Summary**We are seeking a highly skilled and experienced Molecular Oncology Sales Specialist to join our team at Caris Life Sciences. As a key member of our sales team, you will be responsible for establishing growth within an assigned territory through new account acquisition and strategic sales planning.Key ResponsibilitiesSell oncology...

  • Litigation Associate Attorney

    5 days ago

    Albany, New York, United States Glades Talent Full time

    Job Overview*REMOTE: MUST RESIDE IN Upstate NY*We are in search of a skilled Insurance Litigation Associate to become a vital part of our legal team at Glades Talent. The successful candidate will possess a robust foundation in legal research and writing, coupled with a genuine enthusiasm for the legal profession.Key Responsibilities:- Perform comprehensive...

  • Certified Occupational Therapist Assistant

    2 days ago

    Albany, New York, United States life care center of America Full time

    Job SummaryThe Certified Occupational Therapist Assistant provides direct rehabilitation care to patients under the supervision of a licensed Occupational Therapist (OT) in accordance with all applicable laws, regulations, and Life Care standards.ResponsibilitiesParticipate in community health initiatives and projects as appropriateUtilize Microsoft Office...

  • Customer Service Associate

    5 days ago

    Albany, New York, United States Hoffman Car Wash Full time

    Customer Service AssociateJob Category: Hoffman CorporateRequisition Number: CUSTO004276Position OverviewThe Customer Service Associate plays a crucial role in our organization by engaging with customers through various communication channels, including phone and email. This role involves addressing inquiries related to billing, operational matters, and...

  • Manufacturing Senior Associate

    3 weeks ago

    Albany, New York, United States Amgen Full time

    HOW MIGHT YOU DEFY IMAGINATION? You've worked hard to become the professional you are today and are now ready to take the next step in your career. How will you put your skills, experience and passion to work toward your goals? At Amgen, our shared mission-to serve patients-drives all that we do. It is key to our becoming one of the world's leading...

  • Associate Counsel

    1 month ago

    Albany, New York, United States New York State - New York Government Full time

    Preferred Qualifications: Admission to the New York State Bar and a member in good standing with at least 3 years post NYS Bar admittance legal experience as a practicing attorney. The preferred candidate must have strong legal skills, be able to adhere to strict deadlines, have demonstrated ethical and intuitive decision-making, have a working familiarity...

  • Housekeeping Associate

    1 week ago

    Albany, New York, United States Hyatt Place Albany Full time

    About Us:Hyatt Place Albany is a modern hotel dedicated to providing exceptional service and a welcoming atmosphere. We are proud to foster a team that is enthusiastic, hardworking, and supportive of one another. Joining our family means becoming part of a culture that values our associates and their contributions. We are committed to offering competitive...

  • Financial Services Examiner Trainee 1

    4 weeks ago

    Albany, New York, United States StateJobsNY Full time

    Appointment method:Minimum Qualifications:Either 1. a bachelor's degree or higher in accounting, auditing, economics, econometrics, business economics, finance, financial administration, mathematics, applied mathematics, mathematical sciences, statistics, actuarial science, or taxation; Or 2. a bachelor's degree or higher including or supplemented by 24...

  • HVAC Sales Associate

    4 days ago

    Albany, New York, United States Marcone Appliance Parts Full time

    Join Our TeamMarcone Appliance Parts is seeking a dedicated HVAC Sales Associate to enhance our operations. We pride ourselves on being a premier supplier of HVAC components and services, catering to both residential and commercial sectors. In this role, you will be instrumental in delivering outstanding customer support while facilitating branch...

  • Criminal Justice Associate Professor

    1 week ago

    Albany, New York, United States InsideHigherEd Full time

    Position Title: Associate Professor of Criminal Justice - Graduate FacultyInstitution Overview:Albany State University is a recognized institution within the University System of Georgia, offering a range of benefits to its employees, including comprehensive medical insurance, life insurance, participation in retirement plans, and tuition assistance after a...