Actuary Intern

New York State Teachers' Retirement System•Albany, NY
•Hybrid

About The Position

The Actuary Intern will work closely with a collaborative team and participate in a broad range of actuarial work. The role offers opportunities to build actuarial skills within an organization that supports work-life balance. The intern will contribute to actuarial data reconciliation, annual financial reporting, annuity calculations, and preparation of actuarial information for a board meeting. The current work schedule is hybrid and may change. Sponsorship is not available; applicants must have unrestricted work authorization.

Requirements

  • Currently enrolled in a full-time bachelor’s or master’s degree program in mathematics, statistics, or actuarial science.
  • Have at least one semester remaining after the internship to complete all degree requirements.
  • Hold unrestricted work authorization; sponsorship is not available.

Nice To Haves

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

Responsibilities

  • Participate in the annual actuarial reconciliation process for 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 option factors for alternative options and domestic relation orders.
  • Prepare actuarial information for the July board meeting.
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