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Nycirb Jobs (NOW HIRING)

NYCIRB is licensed by the New York State Department of Financial Services as the official workers' compensation rate service organization in the State. In this capacity, NYCIRB provides a variety of ...

Actuarial Analyst

New York, NY · On-site

$71K - $85K/yr

NYCIRB is licensed by the New York State Department of Financial Services as the official workers' compensation rate service organization in the State. In this capacity, NYCIRB provides a variety of ...

... filed by NYCIRB; • Assists in analyzing and approving multi-tier rating programs for private passenger automobile insurance; • Develops special actuarial formulas; • Handles requests for ...

Nycirb information

What are the key skills and qualifications needed to thrive as a professional at the New York Compensation Insurance Rating Board (NYCIRB), and why are they important?

To thrive at NYCIRB, you typically need strong analytical skills, knowledge of insurance principles, and a background in mathematics, statistics, or actuarial science. Experience with data analysis tools such as SQL, Excel, and actuarial software, as well as relevant certifications like Associate or Fellow of the Casualty Actuarial Society (ACAS/FCAS), are often required. Attention to detail, strong communication, and problem-solving abilities help professionals interpret data and collaborate effectively. These skills are vital for ensuring accurate rate-making, regulatory compliance, and supporting New York's workers' compensation insurance system.

What are some common challenges faced by professionals working at NYCRIB, and how can new employees prepare for them?

Professionals at NYCRIB (New York Compensation Insurance Rating Board) often work with complex insurance data and regulatory requirements, which can be a challenge for those new to the industry. New employees may encounter steep learning curves related to understanding state-specific workers’ compensation policies, rating systems, and compliance standards. To prepare, it's helpful to familiarize yourself with relevant insurance terminology, stay updated on regulatory changes, and develop strong analytical skills. Additionally, collaborating closely with experienced team members and seeking mentorship can help you adapt more quickly to the unique environment at NYCRIB.

What is the difference between Nycirb vs Insurance Adjuster?

AspectNycirbInsurance Adjuster
CredentialsVaries by role, often requires licensing or certification depending on specializationState licensing or certification often required
Work EnvironmentOffice, remote, or on-site at claims locationsField work, office, or remote depending on employer
Industry UsageUsed in insurance industry, especially for claims review and risk assessmentCommonly used in insurance companies for claims investigation and settlement

Nycirb and Insurance Adjuster are both roles within the insurance industry, often requiring similar credentials and working environments. While Nycirb may refer to a specific certification or organization related to insurance claims, Insurance Adjusters are professionals who evaluate claims, often holding state licenses. Both roles are essential for claims processing, but Nycirb may focus more on certification standards, whereas Insurance Adjusters are the practitioners handling claims directly.

What is NYCRIB?

NYCRIB stands for the New York Compensation Insurance Rating Board. It is a non-profit association in New York State that collects and analyzes workers' compensation insurance data and establishes rates and classifications for insurance carriers. NYCRIB also serves as the licensed rating organization for workers' compensation in New York, ensuring fair and accurate premiums. Employers and insurance companies rely on NYCRIB for rules, forms, and statistical data related to workers' compensation policies.
More about Nycirb jobs
What cities are hiring for Nycirb jobs? Cities with the most Nycirb job openings:
Infographic showing various Nycirb job openings in the United States as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution.

Actuarial Analyst Project Lead

NYCIRB

Manhattan, NY • On-site

$115K - $150K/yr

Full-time

Posted 7 days ago


Job description

COMPANY DESCRIPTION
The New York Compensation Insurance Rating Board (NYCIRB) is a non-profit, unincorporated association of insurance carriers. NYCIRB is licensed by the New York State Department of Financial Services as the official workers' compensation rate service organization in the State. In this capacity, NYCIRB provides a variety of services to the workers' compensation industry, including data collection and analysis, and the development of loss costs and rating values. These activities, along with analytical tools, research, and customer focused services, are intended to foster a stable and healthy workers' compensation system in the State of New York.
SUMMARY
This position is responsible for leading research projects and writing research papers. This work involves extracting data, identifying and analyzing data anomalies, creating exhibits, performing analysis, and drafting research papers for publication. In the course of analyzing data anomalies, this position will collaborate with data team and work with insurance carriers as needed. Data analysis will involve critical thinking and problem solving, and will result in the production of clearly labeled output and well documented conclusions. Further, this position will assist in the training of other staff members, as needed.
ESSENTIAL DUTIES AND RESPONSIBILITIES
  • Lead research projects by extracting and analyzing data, creating exhibits, and critically analyzing the results.
  • Identify and analyze data anomalies and coordinate with data personnel to resolve them.
  • Prepare presentations and present research to industry stakeholders.
  • Communicate with system stakeholders to resolve data anomalies and obtain feedback on research.
  • Assist senior staff as required to accomplish divisional goals.
  • Assist in the training of junior staff members, as needed.
  • Other duties as assigned and deemed necessary by management.

QUALIFICATIONS
  • Experience writing research papers, preferred (provide copies of published work, if available.
  • Some actuarial or workers' compensation related experience preferred.
  • Associate or Fellow of the Casualty Actuarial Society preferred, but not less than 4 Casualty Actuarial Society examinations.
  • Proficiency in Microsoft Excel, Word, and database programs.
  • Programming experience.
  • Familiarity with SAS preferred.
  • Data and statistical analysis skills are a must, as well as attention to detail.
  • Familiarity with statistical models.
  • Excellent written and oral communication skills.

EDUCATION REQUIREMENTS
  • College graduate with major in mathematics, statistics or related field of study.
  • Advanced degree or graduate-level coursework preferred.

OFFICE ATTEDANCE
  • Hybrid work policy with in-office attendance on Tuesdays, Wednesdays, and Thursdays.

PHYSICAL DEMANDS AND WORK ENVIRONMENT
The physical demands described in this section are to be representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.
  • Work requires mobility with frequent bending and standing.
  • Frequent use of arms for stretching and reaching and use of legs for walking and lifting. 80% -90% of work hours are spent sitting down.
  • This job operates in an office and remote setting. This role routinely uses standard office equipment such as computers, phones, photocopiers, and the like.

The position description is a guide to the critical duties and essential functions of the job, not an all-inclusive list of responsibilities, qualifications, physical demands and work environment conditions. Position descriptions are reviewed and revised to meet NYCIRB's changing needs, at the sole discretion of management.
SALARY RANGE
  • $115,000 - $150,000