Job Title: Statistical Assistant Employment Type: Contract Work Hours: 37.5 hrs./week Work site: 100% Onsite Location: One State Street Plaza, NY, NY 10004 Job Duration: 6 Months Closing: 10/15/2024. Minimum Candidate Qualifications:
- Bachelor's degree including 24 semester credit hours in mathematics, statistics, or actuarial science; and
- Eligible to work in New York State
Job Description and Required Services:
- ssists in constructing actuarial tables by analyzing and presenting data.
- ssists in reviewing the actuarial basis of plans and calculates premiums; evaluates premium rates, reserves, and liabilities.
- ssists in reviewing methods used to value categories of policies, special benefits, or special liability terms.
- ssists 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.
- ssists 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
- ssists with special projects and research as needed.
- Performs other duties as assigned.
In addition, the candidate must possess and/or have the ability to:
- 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.
Miscellaneous Information:
- Shift Days/Times: Monday to Friday, 9:00 AM to 5:00 PM.
- Client does not provide parking, but the office is accessible by subway or bus.
- Interviews will be conducted Online or In-person based on the availability.
- Training will be provided.
The Nexus Staff Difference:
- Our outstanding healthcare coverage, including dental and vision, begins in just 30 days after you join us.
- We offer weekly payments via ACH (Automated Clearing House).
- Serving as Prime Vendors to New York State and New York City for over 10 years.