Senior Actuary Life, SG-19(NYHELPS)Item# 07639 Position Available In Albany, New York

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Company:
Unclassified
Salary:
$80112
JobFull-timeRemote

Job Description

Basics Schedule Location Job Specifics How to Apply Indicates whether if this vacancy posting is part of the

NY HELPS

Program. NY HELP Yes The agency in which the vacancy exists. Agency State Comptroller, Office of the The job title for the vacancy. Title Senior Actuary Life, SG-19(NYHELPS)Item# 07639 The job title for the vacancy. Occupational Category Financial, Accounting, Auditing The salary grade for this vacancy. Salaries are determined by salary grade and bargaining unit. Salary Grade 19 The collective bargaining unit to which this vacancy is assigned. Bargaining Unit PS&T – Professional, Scientific, and Technical (PEF) The minimum and maximum of the salary range for this vacancy. Salary Range From $70579 to $89645 Annually Indicates whether this job is full-time or part-time. If the job is part-time, an estimated percentage will be provided. Employment Type Full-Time This indicates the type of job, typically permanent, temporary, or provisional. ‘Provisional’ means that the appointment will be temporary until the incumbent takes and passes an appropriate civil service examination. Appointment Type Contingent Permanent Jurisdictional class is the indicator for how this job can be filled. The classified service is governed by the Civil Service Commission, and consists of competitive, non-competitive, exempt, and labor classes. ‘Competitive class’ indicates that the applicant must take and pass an appropriate civil service examination. ‘Non-competitive class’ indicates that the applicant’s qualifications will be evaluated without a civil service examination. ‘Exempt class’ indicates that the applicant will be evaluated by methods other than competitive or non-competitive, and that incumbents will not be granted tenure. ‘Labor class’ requires that applicants possess skills or other physical characteristics that cannot effectively be evaluated by other means. The unclassified service is legislatively defined, and includes such positions as elected officials, department and agency heads, and all academic personnel in public schools, colleges, and universities. Jurisdictional Class Competitive Class Estimates the percentage of time incumbents of this vacancy will be required to travel. Travel Percentage 0% This provides information on the expected workweek. Workweek Mon-Fri The number of hours in the workweek, typically 37.5 or 40 for full time, or any other number for part time. Hours Per Week 37.5 Workday The start time for this vacancy. If the agency employs flextime, this will be the earliest time this vacancy’s shift can start. From 8 AM The end time for this vacancy. If the agency employs flextime, this will be the latest time this vacancy’s shift can end. To 4 PM If checked, the agency allows flextime. Flextime allowed? No If checked, this vacancy includes mandatory overtime. Mandatory overtime? No If checked, this agency allows compressed workweek scheduling. Compressed workweek allowed? No If checked, this agency allows telecommuting for this position. Telecommuting allowed? Yes The county in which the vacancy is located. County Albany The street address where the vacancy is located. Street Address 110 State Street The city where the vacancy is located. City Albany The state where the vacancy is located (the default is New York). State NY The zip code where the vacancy is located. Zip Code 12236 The duties that the incumbent of the vacancy will be expected to perform. Duties Description This position is located within the Bureau of Actuarial, Division of Retirement Services and is responsible for:

  • Fiscal Notes oDevelop a working knowledge in checking all and creating simple fiscal notes. oDevelop a mastery of Access. oDevelop a mastery of PeopleSoft data and cases. oReview and check all revisions to fiscal note policies.
  • Actuarial Data Aggregation and Year End File Creation oDevelop a working knowledge of the process that creates and validates the actuarial year end file. oDevelop a mastery of PeopleSoft data and cases. oDevelop a mastery of TSQL and PL/SQL. oDevelop an understanding of actuarial valuation and experience study requirements.
  • Publications oEstablish a working knowledge in checking actuarial reports and miscellaneous calculations. oDevelop a mastery of Excel. oDevelop a mastery of the actuarial valuation book, the report of the actuary, and the actuarial components of the ACFR and insurance report. oReview and check all entries in these documents.
  • Actuarial Calculations oPerform bond refunding, workers compensation offsets, escalation, COLA, structured judgements, and option 4 calculations (including qualified domestic relations orders). oDevelop a mastery of Excel. oDevelop a mastery of bond refunding and option 4 calculations. oAssure QDRO compliance.
  • Actuarial Assumptions Research oAs 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.

oSupport the development of presentations delivered by the Chief Actuary. oSupport the development of the Actuarial Assumptions Report. oDraft memorandums establishing policies and procedures for actuarial bureau for review by the lead actuary. The minimum qualifications required for this vacancy. Minimum Qualifications 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 including or supplemented by 24 semester credit hours in mathematics, statistics, and/or actuarial science; AND successful completion of one examination of the Society of Actuaries; AND one year of actuarial experience.

Competitive Minimum Qualifications:

You must be currently reachable on the appropriate eligible list for this title. There are no transfer options for this title. Additional comments regarding the vacancy. Additional Comments Knowledge, skills, and abilities: (1) Demonstrates interest in pursuing the Society of Actuaries examinations (2) At least 1 year of experience in NYSLRS (3) At least 1 year of pension actuarial experience (4) Proven ability to clearly communicate both verbally and electronically (5) Ability to work efficiently both independently and within a diverse team (6) Independent learner, inquisitive and willing to challenge the status quo

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 primary residence location, duties, and work performance are aligned with telecommuting and operational needs they may be allowed to do so. Generally, OSC employees may telecommute up to 5 days per pay period but may be approved to telecommute less.

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 (518) 474-1924.

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. The Office of the State Comptroller does not participate in E-Verify or sponsor visa applications. OSC offers competitive salaries and benefits, and opportunities for advancement, continuing education, and professional development. We provide a professional environment where employees are encouraged to push themselves while maintaining work-life balance.

Our generous benefits package includes:
  • A state pension with vesting after five years’ service
  • Comprehensive medical, dental and vision insurance available to all employees and their dependents
  • Flexible spending accounts for dependent and health care
  • Productivity Enhancement Program (PEP), allowing eligible employees to exchange previously accrued leave in return for a credit to be applied toward their health insurance
  • Public Service Loan Forgiveness (PSLF)
  • NYS Deferred Compensation plan
  • Access to NY 529 and NY ABLE College Savings Programs, and U.S. Savings Bonds
  • Holiday and paid time off
  • Shift and geographic pay differentials
  • A committed continuous learning environment
  • Informational Brown Bag sessions
  • Wellness at Work Programs to promote employee health and wellness
  • OSC Mentoring Program to network, contribute, and provide an opportunity to strengthen competencies in a variety of areas
  • And much more Some positions may require additional credentials or a background check to verify your identity.

The name of the contact person for this vacancy. Name David Heaphy The telephone number to use for questions about this vacancy. Telephone (518)474-1924 The fax to use for this vacancy. Fax (518)486-6723 Email address for emailing applications, or to ask questions about this vacancy. Email Address Jobs@osc.ny.gov Address The street address of the contact for this vacancy. Street Office of the New York State Comptroller, Division of Human Resources 110 State Street, 12th Floor The city for the contact for this vacancy. City Albany The state of the contact for this vacancy (the default is New York). State NY The zip code for the contact for this vacancy. Zip Code 12236 Instructions for potential applicants. Notes on Applying Submit a clear, concise cover letter and resume stating how you meet the minimum qualifications for this title. To apply, copy and paste the following link into your browser: https://www.osc.ny.gov/jobs/openings/senior-actuary-life/062501 Reference Item #07639-DJH on your cover letter for proper routing. Unofficial transcripts and/or templates will be required for certain positions. Documents must be sent as unlocked and accessible attachments. If you have questions about this vacancy, please contact this Division representative:

Division Contact:
Katrina Connelly Email Address:

KConnelly@osc.ny.gov

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