Supvg Actuary Casualty - Grade 64
Positions in this title can be hired through NY HELPS
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Positions
This title exists within Various New York State Agencies and has approximately 11 positions statewide.
*The number of positions is approximate and represents the number of positions established (both filled and vacant); it is not an indication or reference to position type or duration, or intent to be filled.
Career Ladder
A listing of titles that are most commonly used as steps for upward mobility for this title series.
| Title | Grade | Hiring Rate/yr | Job Rate/yr |
|---|---|---|---|
| Actuary Trainee | 13 | $50,844 | $65,061 |
| Assnt Actuary | 14 | $53,764 | $68,630 |
| Senr Actuary Casualty | 19 | $70,579 | $89,645 |
| Assoc Actuary Casualty | 24 | $91,298 | $115,252 |
| Prin Actuary Casualty | 28 | $112,528 | $138,203 |
| Supvg Actuary Casualty | 64 | $123,793 | $156,224 |
| Chief Casualty Actuary 3 | 65 | $137,457 | $173,664 |
| Chief Casualty Actuary 2 | 66 | $152,191 | $191,427 |
| Chief Casualty Actuary 1 | 67 | $167,754 | $207,762 |
All salary grades for trainees titles are Non-Statutory (NS) equated to the salary grade identified. These grade equations apply to the starting salaries in their respective salary schedule for the traineeship levels.
This title may exist in more than one negotiating unit. This salary schedule represents the most typical salary for this title. Click here to view additional salary information regarding the various bargaining units.
An individual's final salary is determined by the Office of the State Comptroller. This salary schedule does not reflect any Special Salary Treatments
Job Duties
As a Supervising Actuary (Casualty) in the NYS Department of Financial Services, you would perform and/or supervise reserve analyses and/or filings for property/casualty lines of business, critique actuarial analyses submitted to the Department, supervise subordinate staff, and provide advice on actuarial issues. You would review filings of statistical plans, perform research in connection with ratemaking principles, and analyze insurance data. You might represent the NYS Department of Financial Services at hearings, court proceedings, pricing, and other matters. You might supervise the auditing of Insurance Expense Exhibit figures used for ratemaking analyses and train and supervise subordinate staff.
As a Supervising Actuary (Casualty) in the NYS Insurance Fund, you would oversee the Financial Reporting Division, including: the Pension Valuation Unit; the Technical Unit; and the New Products Unit. You will prepare Disability Benefits & Workers' Compensation loss reserve accident year analysis, Schedules P for both lines & Schedule X for Workers' Compensation, as well as many other reports. You would be supervising lower-level actuaries. You would develop computer techniques for loss reserving and various other actuarial projections. You would report directly to the Director of Actuarial Services and assist in any ad hoc project that might arise.
View the classification standard for this title which illustrates the nature, extent and scope of duties and responsibilities of the classes they describe.
Summary of Minimum Qualifications
For informational purposes only, click on the examination number(s) listed below to see the current or previous examination(s) that are used to fill this title.
20-123010
Please note: qualifications for this position may be subject to change. Job postings on StateJobsNY will contain the most up-to-date qualifications.
How to Apply
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To narrow your search to NY HELPS jobs, click on "For the General Public", then "Search Vacancies", and select "Yes" on the NY HELPS dropdown to narrow your search to NY HELPS jobs.
Directions to apply will be specified on each individual job posting.
Mobility Options
Career mobility is not just limited to the titles in the career ladder. Additional movement may be achieved through transfer or other examinations.
For additional information or clarification of transfer determinations, current State employees should contact the Career Mobility Office at (518) 485-6199 or (800) 553-1322.
You can also visit ELMS Online to view established open-competitive, promotion, and transition eligible lists.