Statistical Assistant (On-site) at HEPCO, Inc.

We are currently seeking a motivated and detail-oriented Statistical Assistant to join our client's team and support our actuarial initiatives.

• Assisting in the construction of actuarial tables through data analysis and presentation.
• Reviewing the actuarial basis of plans and calculating premiums; evaluating premium rates, reserves, and liabilities.
• Reviewing methods used to value categories of policies, special benefits, or special liability terms.
• Checking the mathematical accuracy of calculations.
• Participating in field examinations of life insurance companies, fraternal benefit societies, health maintenance organizations (HMOs), commercial carriers, non-profits, and retirement systems.
• Assisting in the preparation of valuation memoranda and reviewing health insurer rate submissions and statistical compilations.
• Reviewing insurance company rate filings and reserve analysis for compliance with standards; maintaining in-house databases.
• Reviewing claims records and death and disability cases to establish proper estimates of eventual incurred losses.
• Computing loss reserves for death and disability cases.
• Calculating present values of workers' compensation cases and the amount payable to claimants.
• Calculating reserves for transfers, disability, and deferred allowances.
• Computing cost-of-living factors for supplemental pensions paid to annuitants.
• Checking computations for valuation and service retirement allowances.
• Assisting with special projects and research as needed.
• Performing other duties as assigned.

Qualifications:

The ideal candidate must possess and/or have the ability to:

• Work independently and collaboratively within a team.
• Track and manage reporting projects without daily oversight.
• Demonstrate strong project management skills, managing multiple time-sensitive, complex projects simultaneously.
• Be detail-oriented with effective organizational and prioritization skills in a fast-paced environment.
• Exhibit proficiency in Microsoft 365, with working experience in Excel, WebEx, and Zoom.
• Manage varied tasks as assigned.

Minimum Candidate Qualifications:

• Education: Bachelor’s degree with a minimum of 24 semester credit hours in mathematics, statistics, or actuarial science.
• Work Eligibility: Must be eligible to work in New York State.

Benefits:

• Health Insurance
• Sick Time
• 401k

Location:
One Commerce Plaza, Albany, NY, 12257

Duration: approximately 6 months
Apply by deadline: 10/18/2024
Shift Days/Times: M-F 37.5 hrs per week, 9-5 negotiable

Pay Range: $27.00 - $32.00 per hour (Depending on experience and qualifications)

By applying for this job, you agree to receive calls, AI-generated calls, text messages, or emails from HEPCO, Inc and its affiliates, and contracted partners. Frequency varies for text messages. Message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You can reply STOP to cancel and HELP for help. You can access our privacy policy at https://www.hepcoinc.com/privacy/

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, marital status, national origin, age, veteran status, disability, or any other protected class.