Previous Job
Principal Actuary Casualty
Ref No.: 18-00022
Location: Albany, New York
Principal Actuary Casualty

Minimum Qualifications:
Bachelor's degree, successful completion of at least four (4) examinations from the Casualty Actuarial Society and four years of actuarial experience. .
Preferred Qualifications:
Preferred qualifications include membership in the American Academy of Actuaries (MAAA) or an Associate of the Society of Actuaries (ASA). Disability actuarial experience preferred.
You must be a resident of New York State or be willing to relocate
Illustrative Duties:
The Principal Actuary Casualty will report to the Chief Actuary or other high-level actuarial staff and will be responsible for performing the following duties which include but will not be limited to:
• Provide statutory disability coverage and Paid Family Leave coverage to support the Disability Benefits Fund.
• Analyze trends and drivers.
• Calculate appropriate loss reserves.
• Develop monthly, quarterly and annual financial reports.
• Review rates and rate structure.
• Review Return of Premium program and Premium Adjustment program.
• Analyze proposed new products and contracts.
• Develop analytics and models to support executive level decision making.
• Advise and assist business partners in the use of actuarial and mathematical techniques to analyze the business.
• Possible advisory and/or management responsibilities in support of the Aggregate Trust Fund depending on experience and qualification.