Investment Analyst Trainee Jobs (NOW HIRING)

Duties Description The Business Systems Analyst will support the Director of Innovation in advancing agency modernization, innovation, research, and strategic transformation initiatives. The analyst will help identify emerging opportunities, evaluate new technologies, and support the development of innovative solutions that improve operations and customer experience.
Responsibilities include, but are not limited to:
• Conduct research and analysis on emerging technologies, artificial intelligence, Insurtech, fintech, digital services, and other innovation-related topics.
• Monitor industry trends, competitor activities, state government initiatives, and best practices relevant to strategic priorities.
• Support the identification, evaluation, and implementation of innovation opportunities and pilot programs.
• Collect, analyze, and present data to support business cases, policy recommendations, strategic decisions, and investment opportunities.
• Assist with the development of presentations, reports, executive briefings, and communications for senior leadership.
• Coordinate meetings, workshops, demonstrations, proof-of-concept activities, and engagements with external vendors, startups, industry organizations, and government partners.
• Maintain innovation project plans, action item trackers, research repositories, and program documentation.
• Support innovation events, employee engagement initiatives, challenges, conferences, and educational programs.
• Assist in assessing the impact, risks, costs, and benefits of proposed innovation initiatives.
• Prepare summaries of market research, vendor capabilities, industry developments, and emerging solutions for executive review.
Minimum Qualifications For appointment via NY HELPS:
• To Business Systems Analyst Trainee 1: Four years of business analysis experience* including: using business analysis techniques to elicit requirements as the foundation for the solution to the organizations business needs; using business analysis techniques for the purpose of identifying solutions aimed at improving the efficiency and effectiveness of the system, business process, or; describing in a comprehensive written document what the system, process, or product service must do in order to satisfy the established business requirement; this includes creating, updating, and maintaining documentation through the system development life cycle; validating requirements throughout the product or system development life cycle (SDLC) including all changes to the processes that would enable an organization to achieve its goals; or verifying requirements throughout the product/SDLC to ensure they perform to the required specifications and are capable of achieving the design capabilities; this includes developing test plans and logical designs, testing the scenarios, reviewing test results, identifying constraints and risks, or communicating with stakeholders.
• To Business Systems Analyst 1: Six years of business analysis experience* including: using business analysis techniques to elicit requirements as the foundation for the solution to the organizations business needs; using business analysis techniques for the purpose of identifying solutions aimed at improving the efficiency and effectiveness of the system, business process, or; describing in a comprehensive written document what the system, process, or product service must do in order to satisfy the established business requirement; this includes creating, updating, and maintaining documentation through the system development life cycle; validating requirements throughout the product or system development life cycle (SDLC) including all changes to the processes that would enable an organization to achieve its goals; or verifying requirements throughout the product/SDLC to ensure they perform to the required specifications and are capable of achieving the design capabilities; this includes developing test plans and logical designs, testing the scenarios, reviewing test results, identifying constraints and risks, or communicating with stakeholders.
*An associate degree may substitute for two years of specialized experience; bachelor's degree may substitute for four years of specialized experience; master's degree may substitute for five years of specialized experience; J.D. may substitute for six years of specialized experience.
For competitive appointment:
• List appointment: Reachable on current Civil Service eligible list for this title.
• Transfer: Current New York State employee with one year of permanent competitive class service in a title eligible for transfer under Section 70.1 or Section 52.6 of Civil Service Law. Appointments via transfer must not result in a second, consecutive transfer with an advancement of more than two S-grades. Eligible titles for transfer into Business Systems Analyst Trainee 1 include, but are not limited to: Human Resources Specialist Trainee 1, Program Aide. Eligible titles for transfer into Business Systems Analyst 1 include, but are not limited to: Administrative Specialist 1, Contract Management Specialist 1.
o Applicants who are eligible for appointment via transfer may need to meet additional special requirements to be eligible for consideration.
• Reinstatement: Candidates who have previously held the Business Systems Analyst 1/Trainee 1/2 title, or a transferable title, may be eligible for consideration for reinstatement.
For 55b/55c Program appointment:
• This position may be designated 55 b/c and is subject to verification of applicant eligibility. For more information on this program, please visit the 55b/c Recruitment Resources Center.
Please be advised that the New York State Insurance Fund (NYSIF) does not offer sponsorship for employment visas to employees or potential employees. Candidates sponsored for employment by an organization should be aware of their sponsorship status and the relevant expiration date(s) of that sponsorship before applying to this position. NYSIF is not currently enrolled in eVerify, which is a requirement for certain types of employment verifications.
Additional Comments Please note, the salary range displayed includes special salary treatments, such as location pay.
For candidates new to NYS, the starting salary for this position will be the bottom of the range displayed and is not subject to negotiation. For candidates that are current NYS employees, salaries are calculated in accordance with NYS Civil Service Law, OSC Payroll rules and regulations, and negotiated union contracts.
Fringe Benefits:
• Competitive compensation
• Future career growth potential
• Open and supportive team-based environment
• Plentiful vacation, personal, and sick time off
• Paid state and federal holidays
• Affordable health insurance plans
• Dental and vision benefits provided at no additional cost
• Retirement options
• Public Student Loan Forgiveness (PSLF)
• Possibility of telecommuting, flextime, and Alternative Work Schedules (AWS)
NY HELPS Program:
This title is part of the New York Hiring for Emergency Limited Placement Statewide Program (NY HELPS).
For the duration of the NY HELPS Program, this title may be filled via a non-competitive appointment, which means no examination is required but all candidates must meet the minimum qualifications of the title for which they apply.
At a future date, it is expected employees hired under NY HELPS will have their non-competitive employment status converted to competitive status, without having to compete in an examination. Employees will then be afforded with all the same rights and privileges of competitive class employees of New York State. While serving permanently in a NY HELPS title, employees may take part in any promotion examination for which they are qualified.
About NYSIF:
For more information about NYSIF, including our mission, commitment to diversity, equity, and inclusion, and efforts to fulfill Executive Order 31, please visit www.nysif.com.
If you are a person with a disability and wish to request that a reasonable accommodation be provided for you to participate in a job interview, please send an email to NYSIF's Reasonable Accommodations mailbox at ra@nysif.com.
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Some positions may require additional credentials or a background check to verify your identity.
Name Kayla Burns
Telephone
Fax 518-437-1618
Email Address hr@nysif.com
Address
Street PO Box 66699
City Albany
State NY
Zip Code 12206
Notes on Applying Please submit your resume and cover letter to hr@nysif.com, referencing the Vacancy ID number in your subject line.
If you are applying for permanent appointment through transfer eligibility, please also include your current NYS position title in the body of your submission.