Actuarial Analyst Project Lead

COMPANY DESCRIPTION

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.

SUMMARY

This position is responsible for leading research projects which involve extracting data, identifying and analyzing data anomalies, creating exhibits performing analysis and writing reports and briefs. In the course of analyzing data anomalies, this position will collaborate with data team and work with insurance carriers as needed. Data analysis will involve critical thinking and problem solving, and will result in the production of clearly labeled output and well documented conclusions. Further, this position will assist in the training of other staff members, as needed.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Lead research projects by extracting and analyzing data, creating exhibits, and critically analyzing the results.
• Identify and analyze data anomalies and coordinate with data personnel to resolve them.
• Write reports, briefs and pamphlets and prepare them for publication.
• Prepare presentations and present research to industry stakeholders.
• Communicate with system stakeholders to resolve data anomalies and obtain feedback on research.
• 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.

QUALIFICATIONS

• Some actuarial or workers' compensation related experience preferred.
• Associate or Fellow of the Casualty Actuarial Society preferred, but not less than 4 Casualty Actuarial Society examinations.
• Proficiency in Microsoft Excel, Word, and database programs.
• Programming experience.
• Familiarity with 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.
• Experience writing research papers preferred.

EDUCATION REQUIREMENTS

• College graduate with major in mathematics, statistics or related field of study.
• Advanced degree or graduate-level coursework preferred.

OFFICE ATTEDANCE

• Hybrid work policy with in-office attendance on Tuesdays, Wednesdays, and Thursdays.

PHYSICAL DEMANDS AND WORK ENVIRONMENT

The physical demands described in this section are to be representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

• Work requires mobility with frequent bending and standing.
• Frequent use of arms for stretching and reaching and use of legs for walking and lifting. 80% -90% of work hours are spent sitting down.
• This job operates in an office and remote setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, and the like.

The position description is a guide to the critical duties and essential functions of the job, not an all-inclusive list of responsibilities, qualifications, physical demands and work environment conditions. Position descriptions are reviewed and revised to meet NYCIRB's changing needs, at the sole discretion of management.

SALARY RANGE

• $115,000 - $150,000

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