STATISTICAL ASSISTANT - Cynet Systems : Job Details

STATISTICAL ASSISTANT

Cynet Systems

Job Location : Albany,NY, USA

Posted on : 2024-10-22T07:27:28Z

Job Description :
Job Description: Pay Range: $18hr - $22hr
  • Assists in constructing actuarial tables by analyzing and presenting data.
  • Assists in reviewing the actuarial basis of plans and calculatespremiums; 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 xx submissions and statistical compilations.
  • Reviews insurance company xx 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.
  • 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.
Minimum Qualifications:
  • Bachelor's degree including 24 semester credit hours in mathematics, statistics, or actuarial science.
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