Supvg Actuary Casualty

Grade 64

New York State has approximately 11 positions* in this title statewide. You may view a breakdown of positions by county. This position exists in various agencies statewide. View links to all New York State agencies including agencies that have this title. For more information, New York State employees can contact the Career Mobility Office at (518) 485-6199 or (800) 553-1322. If you are not a current New York State employee, you can use the Department of Civil Service Web site to explore possible employment opportunities.

*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. If you are viewing a trainee title, please note this number reflects the number of positions established at the journey level. Agencies may fill at the trainee level(s) or at the journey level based on employee qualifications. GOT-IT does not provide information on any job postings or job availability. For information on current job postings, please visit State Jobs NY. You may also visit specific New York State Agency websites for information about an agency and its job opportunities.

Career Ladder

A listing of titles that are most commonly used as steps for upward mobility for this title series. The salary schedule for this career ladder is also available.

  1. Actuary Trainee

    Similar to Grade 13

  2. Assnt Actuary

    Grade 14

  3. Senr Actuary Casualty

    Grade 19

  4. Assoc Actuary Casualty

    Grade 24

  5. Prin Actuary Casualty

    Grade 28

  6. Supvg Actuary Casualty

    Grade 64

  7. Chief Casualty Actuary 3

    Grade 65

  8. Chief Casualty Actuary 2

    Grade 66

  9. Chief Casualty Actuary 1

    Grade 67

Summary of Job Description

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, on the Classification and Compensation webpage.

The NYS Title and Salary Plan provides additional information regarding other titles. If there is a classification standard available there will be a link under the column labeled STD. NO. If no link is available there is no classification standard available at this time for that title.

Summary of Minimum Qualifications

Please note: qualifications for this position may be subject to change. If substitutions for education and/or experience are allowed, this information would be available on the announcement.

You must take and pass a Civil Service examination in order to be considered for this position.

On or before the date of filing your application, you must have all of the following:
◾A bachelor's degree or higher; AND

◾Successful completion of five examinations of the Casualty Actuarial Society; AND

◾Five years of actuarial experience in one or more of the following activities:

1.actuarial or statistical work for operating units or management;

2.governmental regulatory actuarial functions; OR

3.performing actuarial computations for reserves, premium rates, and/or policy forms.

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.


How to Apply

When this examination is scheduled to be held, the announcement can be found on the Department of Civil Service, Examination Announcements web page. If you do not see an examination currently scheduled please check back on a monthly basis or sign up for announcement notification by email so that you will automatically be notified when new examinations are being offered.

Career Mobility

Career mobility is not just limited to the titles in the Career Ladder, above. Additional movement may be achieved through other examinations, additional education and/or work experience or transfer opportunities. For additional information or clarification of transfer determinations, current State employees should contact the Career Mobility Office. Visit ELMS Online to view established open-competitive, promotion, and transition eligible lists. If you are not a current New York State employee, see Employment Opportunities with New York State and find out how to become a New York State employee.

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