Statistical Assistant

2 months ago

New York, United States Nexus Staff Inc. Full time
Job Title: Statistical Assistant
Employment Type: Contract
Work Hours: 37.5 hrs./week
Work site: 100% Onsite
Location: One State Street Plaza, NY, NY 10004
Job Duration: 6 Months
Closing: 10/15/2024.

Minimum Candidate Qualifications:
  • Bachelor's degree including 24 semester credit hours in mathematics, statistics, or actuarial science; and
  • Eligible to work in New York State

Job Description and Required Services:
  • ssists in constructing actuarial tables by analyzing and presenting data.
  • ssists in reviewing the actuarial basis of plans and calculates premiums; evaluates premium rates, reserves, and liabilities.
  • ssists in reviewing methods used to value categories of policies, special benefits, or special liability terms.
  • ssists 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.
  • ssists 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
  • ssists with special projects and research as needed.
  • Performs other duties as assigned.

In addition, the candidate must possess and/or have the ability to:
  • Work individually and as part of a team.
  • Track and manage reporting projects without daily oversight.
  • Excellent verbal communication, writing, and interpersonal skills.
  • Strong project management skills, including experience managing multiple time-sensitive, complex projects simultaneously.
  • Detail-oriented with the ability to organize and prioritize tasks effectively in a fast-paced environment.
  • Proficiency with Microsoft 365, including working experience with Excel, WebEx, and Zoom.
  • Manage varied tasks as assigned.

Miscellaneous Information:
  • Shift Days/Times: Monday to Friday, 9:00 AM to 5:00 PM.
  • Client does not provide parking, but the office is accessible by subway or bus.
  • Interviews will be conducted Online or In-person based on the availability.
  • Training will be provided.

The Nexus Staff Difference:
  • Our outstanding healthcare coverage, including dental and vision, begins in just 30 days after you join us.
  • We offer weekly payments via ACH (Automated Clearing House).
  • Serving as Prime Vendors to New York State and New York City for over 10 years.

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