Actuary Intern

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.

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.

About Us

Established in 1921 by the New York State Legislature, the New York State Teachers’ Retirement System (NYSTRS) provides retirement, disability and death benefits to eligible New York State public school teachers and administrators. The System is among the 10-largest public pension funds in the nation based on total assets.

Our Mission: To provide our members with a secure pension.

Our Vision: To be the model for pension fund excellence and exceptional customer service.

Our Values: Respect, Excellence, Diversity, Balance, Integrity, Resourcefulness, Diligence