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City of New York · 2 weeks ago

Analyst - Pension Analysis

New York, NY

Full-time

Hybrid

Entry, Mid, Senior Level

2+ years exp

The City of New York is the chief financial agency of the city government. The Analyst in the Pension Analysis Task Force is responsible for monitoring and analyzing the valuation of pension funds and overseeing the City’s contributions, while also preparing reports and working on special projects as needed.

GovernmentLegalPublic Relations

Responsibilities

Create complex financial models to estimate the impact of changes in retirement benefits on required contributions

Analyze and reconcile actuarial valuations and projections prepared by the Office of the Actuary

Analyze actuarial assumptions and methods; required and proposed accounting disclosures, and the status of retirement plans

Review fiscal notes prepared by the Chief Actuary

Monitor the status of actuarial experience studies and audits

Monitor pension asset performance, perform cost analyses pertaining to collective bargaining agreements, and evaluate proposed pension legislation

Review and monitor DCPs’ asset performance and communication, and assist with investment manager selection

Prepare and present reports to senior management

Work on special projects as needed

Qualification

Actuarial experienceFinancial modelingAnalytical skillsMicrosoft ExcelBudget managementCommunication skillsTeamworkAttention to detail

Required

A cover letter is required to be considered for this position. Applications submitted without a cover letter will not be considered

Analyst ($77,327+): Bachelor's degree in Business, Finance, Economics, Public Policy Analysis/Administration, or a subject related to the specific assignment and a minimum of two years of budgetary planning/management, financial analysis, public policy analysis/administration, or a related field; or an awarded Master's degree in Financial Management, Business, Public Administration or a field related to the specific assignment

Senior Analyst ($86,995+): Bachelor's degree in Business, Finance, Economics, Public Policy Analysis/Administration, or a subject related to the specific assignment and a minimum of three years of full-time experience in budgetary planning/management, economic development, financial analysis, public policy analysis/administration, or a related field; or an awarded Master's degree in Business, Public Policy Administration, Finance, Economics, or related field, and one year of relevant experience

Supervising Analyst ($98,302): Bachelor's degree and a minimum of four years of full-time experience in budgetary planning/management, accounting, financial analysis, public policy analysis or a related field, or an awarded Master's degree in Business, Public Administration, Finance, Economics, or a related field, and two years of relevant experience

Strong attention to detail, as well as superb analytical and quantitative skills

Ability to work calmly and proficiently under pressure and to adhere to strict deadlines

Able to work effectively individually and/or in a team environment

Excellent written, verbal, and interpersonal communication skills

Must be proficient in Microsoft Word, Excel, and PowerPoint

Must be able to work late nights and weekends as needed

A baccalaureate degree from an accredited college

You must be a City resident within 90 days of the date of appointment and you must be legally eligible to work in the United States