Deputy Chief Actuary

StateJobsNY$192K — $255K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Fellow of the Society of Actuaries (FSA) with 8 years of actuarial experience, or
  • Associate of the Society of Actuaries (ASA) AND Enrolled Actuary (EA) with 8 years of actuarial experience, or
  • ASA with 10 years of pension experience and 4 years of supervisory experience.
  • FSA focused on retirement benefits preferred.
  • Experience in the public pension space and leading an actuarial team.

Responsibilities

  • Assist the Chief Actuary with strategic actuarial leadership.
  • Conduct actuarial valuations and experience studies.
  • Manage regulatory compliance and pricing valuations for legislative proposals.
  • Oversee gain/loss analyses and personnel management.
  • Support and guide decision-makers while maintaining neutrality.

Benefits

  • Opportunity for telecommuting after initial onboarding period.
  • Supportive work environment promoting collaboration and inclusivity.
  • Reasonable accommodation for applicants with disabilities.
  • Work-life balance with a standard Monday to Friday schedule.
Full Job Description
#1628 - Deputy Chief Actuary

Seeking executive-level Deputy Chief Actuary to support the Chief Actuary and the New York State and Local Retirement System (NYSLRS), as part of the actuarial team internal to OSC. Ideal candidate will have substantial project management and actuarial expertise, including actuarial valuations, experience studies, and personnel management. Additional experience with gain/loss analysis, regulatory compliance, pricing valuations for legislative proposals, and public sector employment a plus.

Position Summary:

Item #: 01552
Bargaining Unit: Management / Confidential
Division: Retirement Services
Bureau: Actuarial
Jurisdictional Class: Exempt
Appointment Type: Temporary
Salary Grade: 600
Salary Range: $192710 to $255340
Employment Type: FULL TIME
Occupational Category: Financial, Accounting, Auditing
NY HELPS: No
Travel Percentage: 0%
Work Week: Monday - Friday
Work Hours: 9AM - 5PM
Shift: First Shift Day
Mandatory Overtime: No
Compressed Workweek Allowed: No
Telecommuting Allowed: Yes

How to Apply:

To be considered for this position, you must create a candidate profile or log in to your profile and upload the documents listed below.

  • Cover Letter
  • Resume

Reference Item #01552-DJH on your cover letter for proper routing. Please ensure the item number is included in each document's file name.

Minimum Qualifications:

  • Fellow of the Society of Actuaries (FSA) AND eight (8) years of actuarial experience.

OR

  • Associate of the Society of Actuaries (ASA) AND Enrolled Actuary (EA) AND eight (8) years of actuarial experience.

OR

  • Associate of the Society of Actuaries (ASA) AND ten (10) years of pension experience with four (4) years of experience supervising actuaries (may be concurrent).


Preferred Qualifications/Knowledge, Skills and Abilities:

Preferred Qualifications

  • FSA in the retirement benefits track with EA credentials.
  • History working in the public pension arena.
  • Experience leading (not merely supervising) a team of actuaries whose specialized skills and knowledge may outmatch your own.
  • Experience supporting decision makers while maintaining a neutral tone.

Knowledge

  • Fluency in ASOPs related to the pension practice area.
  • Proficiency in SQL and Microsoft Access.
  • Expertise in data analytics and Tableau.


Skills

  • Ability to manage a small team with care and camaraderie.
  • Ability to facilitate then leverage enthusiasm.
  • Experience developing high-level solutions, passing through minutia only when necessary.
  • Experience explaining complex actuarial work in a helpful manner, with a level of detail suited to the audience.

Abilities

  • Ability to work pragmatically.
  • Ability to communicate effectively with colleagues and issue recommendations with humility.


Contact Information:

If you have questions about this vacancy, please contact:

Division Contact:

Cara Davidson
[email protected]

Human Resources Contact:

David Heaphy
(518) 474-1924
[email protected]

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 they may be allowed to do so. Upon approval to telecommute, OSC employees may telecommute up to 5 days per pay period.

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