Statistical Assistant

2 weeks ago


Albany, United States Penda Aiken, Inc Full time
Title: Statistical Assistant
Position Type: Long-term, temporary (1+ years)
Location: Albany, NY
Hours: 9am-5pm, 40hrs. per week
Salary: TBD

Our client is looking for a Statistical Assistant. This state agency regulates and supervises financial services and institutions in New York.

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


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