Actuary Intern (Summer 2025)

Apply by end of day: October 13, 2024

Note: This posting will close earlier than October 13, 2024, if 75 applications are received prior to that date.

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 enrolled in a full-time bachelor’s degree program in mathematics, statistics, or actuarial science with at least one semester left to complete all degree requirements after 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
• Candidates should have a goal of becoming an actuary upon graduation

Work Modality

This position is subject to a hybrid work schedule.

Job Duties

The duties of the Actuary Intern include, but will not be limited to, the following:

• 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

EEO STATEMENT

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.

All applications to NYSTRS should be done via our website. 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.