Assistant Director of Actuary Position Available In Albany, New York

Assistant Director of Actuary

• Department:

• Actuary

• Location:

• Albany, NY
• Apply by: All applications must be submitted by 5:00 p.m. on Sunday, July 6, 2025. Applications received after 5:00 pm will not be considered.
• Position Summary
• The Assistant Director manages projects and staff in the Office of the Actuary at New York State Teachers
• Retirement System (NYSTRS), one of the 10-largest public pension funds in the nation.

The focus of the actuarial team is to maintain a secure, stable pension for the members of NYSTRS through its annual preparation of the actuarial valuation and employer contribution rate. The Assistant Director will manage projects, check work and lead difficult projects while working with a highly collaborative team. Given the size of the plan, the position allows for a wide range of actuarial opportunities and skill growth within an organization that supports a healthy work-life balance.

• Minimum Qualifications
• + Bachelor-s degree in mathematics, Actuarial Science, or a related field;
• AND•+ Actuarial Certifications (one required): + Associate of the Society of Actuaries (ASA) or + Fellow of the Society of Actuaries (FSA) or + Enrolled Actuary (EA); •AND•+ Relevant Experience (both required): + At least eight years of pension actuarial experience, preferably public plan experience + At least two years of experience managing staff •Preferred Qualifications•+ Ability to apply critical thinking skills to complex multi-faceted problems and apply solutions + Ability to build good working relationships across all levels of an organization + Excellent oral and written communication skills + Organize and prioritize work in a dynamic and complex environment to meet deadlines + Ability to both see the big picture and understand the details effectively + Effectively lead co-workers in a collaborative manner to complete projects + Communicate technical information effectively to a wide variety of audiences + Experience with pension valuation programming + Experience with interpreting and applying laws, rules, and regulations + Commitment to providing exceptional customer service •Work Modality•This position is subject to a hybrid work schedule.

• Job Duties
• The duties of the Assistant Director of Actuary include, but are not limited to, the following: + Manages assigned projects including managing deadlines, assigning work to the staff, checking work, and preparing some of the work personally, as needed + Facilitates the delivery of this work to the Chief Actuary and Actuarial Directors and to other departments within the System + Acts as a resource for other departments at the System including working with legal, Member Relations, audit, risk, investments and finance + Works on the annual actuarial valuation of System data, assets and liabilities leading to the development of the employer contribution rate, using the System-s valuation software (ProVal) + Works on the System-s annual actuarial gain/loss using the System-s valuation software (ProVal) + Checks annual experience studies used to gauge the effectiveness of actuarial assumptions + Works on the development of revised actuarial assumptions as needed + Checks calculations needed for compliance with GASB 67 and GASB 68 + Checks fiscal notes for proposed plan design legislation affecting the System + Contributes to the preparation of the New York State Dept.

of Financial Services annual filing + Coordinates the development of information, charts, and graphs for the Actuarial and Statistical section of the System-s Annual Financial Report + Works with outside auditors and system accountants on preparation of the System-s annual financial statements, including preparation of actuarial and funding disclosures + Prepares data as needed to respond to requests for information

• Salary Grade
• Assistant Manager (AM)
• Salary Range
• $160,786
• $180,965
• Job Type
• Management/Non-Civil Service

• EEO STATEMENT

• At NYSTRS, diversity, equity, and inclusion are integral to our mission of providing our members with a secure pension and exceptional customer service.

We are committed to fostering an inclusive and equitable culture where all diversity is valued and recognized as a source of strength and enrichment across all operations. NYSTRS is proud to provide equal opportunities to all employees and qualified applicants without regard to race, color, religion, creed, sex, gender expression or identity, national origin, age, ability and disability status, veteran status, marital status, pregnancy status, sexual orientation, citizenship, or any other legally protected class. We are committed to being a workplace that attracts, supports, and retains talented individuals from diverse backgrounds and experiences while championing equal opportunity across recruitment, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

• All applications to NYSTRS should be done via our
• website (https://nystrs.hrmdirect.com/employment/job-openings.php?search=true&dept
• 1&city
• 1&state
• 1)•.

NYSTRS will never ask you to submit private information via email or direct you to submit private information to another site as part of our recruitment process.•