Actuary Intern

NYSTRS; Albany (OR); Hybrid; USD 27,000 - 39,000; Full time

Job summary

NYSTRS in Albany, Oregon is seeking an Actuary Intern to join a collaborative team and support a wide range of actuarial duties, with a focus on growth, data reconciliation, and financial reporting. This temporary, hybrid role emphasizes customer service and strong communication skills, with opportunity to gain actuarial exam progress and hands-on experience in a pension system.

Hybrid work schedule subject to change; applicants must have work authorization and the ability to work in the United

Qualifications

• Enrolled in a full-time degree program with at least one semester remaining.
• Majors in math, statistics or science preferred.

Responsibilities

• Participate in the annual actuarial reconciliation process of the System data.
• Draft information, charts, and graphs for the Actuarial and Statistical sections of the System’s Annual Financial Report
• Work with outside auditors and System accountants to prepare the System’s Annual Financial Report
• Prepare actuarial annuity values and option factors in accordance with statute, including the computation of option factors for alternative options and domestic relation orders
• Prepare actuarial information of the July board meeting

Skills

Customer service

Communication skills

Interpersonal skills

Actuarial exams

Microsoft Office (Access, Excel, Word)

Education

Bachelors or Masters in mathematics, statistics or science

Tools

Microsoft Office Suite

Job description

All postings will close at 12:01am EST on the date indicated under posting end date.

Note: Sponsorship is not available for this position. Applicants must hold unrestricted work authorization. NYSTRS is unable to sponsor or assume sponsorship of an employment visa for this position now or in the future.

Position Summary

The Actuary Intern will be deeply involved in all aspects of the actuarial job duties listed below and work with a highly collaborative team. Given the size of the plan, the position allows for a wide range of actuarial opportunities and skill growth within an organization that supports a healthy work-life balance.

Minimum Qualifications

Candidates must be currently enrolled in a full-time bachelor’s or master’s degree program in mathematics, statistics, or actual science with at least one semester remaining to complete all degree requirements following the internship.

Preferred Qualifications

• Commitment to providing exceptional customer service
• Excellent communication skills
• Excellent interpersonal skills
• Passed at least 1 actuarial exam
• Experience using Microsoft Office products including Access, Excel and Word

Work Modality

Currently we have a hybrid work schedule which may be subject to change in the future.

Job Duties

The Actuary Intern will be responsible for, but not limited to, the following duties:

• Participate in the annual actuarial reconciliation process of the System data.
• Draft the information, charts, and graphs for the Actuarial and Statistical sections of the System’s Annual Financial Report
• Work with outside auditors and System accountants to prepare the System’s Annual Financial Report
• Prepare actuarial annuity values and option factors in accordance with statue, including the computation of option factors for alternative options and domestic relation orders
• Prepare actuarial information of the July board meeting

Salary Grade

This is a non-graded position

Salary Range

$24.00 per hour

Job Type

Temporary

At NYSTRS, diversity, equity, and inclusion are integral to our mission of providing our members with a secure pension and exceptional customer service. We are committed to fostering an inclusive and equitable culture where all diversity is valued and recognized as a source of strength and enrichment across all operations.

NYSTRS is proud to provide equal opportunities to all employees and qualified applicants without regard to race, color, religion, creed, sex, gender expression or identity, national origin, age, ability and disability status, veteran status, marital status, pregnancy status, sexual orientation, citizenship, or any other legally protected class. We are committed to being a workplace that attracts, supports, and retains talented individuals from diverse backgrounds and experiences while championing equal opportunity across recruitment, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

NYSTRS will never ask you to submit private information via email or direct you to submit private information to another site as part of our recruitment process.