Minimum Qualifications
Duties Description
The New York State Insurance Fund (NYSIF) is a governmental insurance carrier that provides workers’ compensation and disability benefits for employers in New York State. For over one hundred years, our mission has been to guarantee the availability of this insurance for employers who cannot secure coverage elsewhere, and to strive to be the lowest cost provider. We are the largest workers’ compensation insurer in the state of New York, with close to 50% of the market.
When you become a part of NYSIF, you are working for a company whose core values include inclusiveness, collaboration, and career enhancement. We are committed to the well being of all our employees and hope to instill a sense of pride about being part of the organization. We believe that diverse backgrounds and perspectives are critical to success. In 2022, Forbes magazine listed the New York State Insurance Fund (NYSIF) as one of the top fifty best Midsize Employers in America.
NYSIF is seeking to fill an Assistant Corporate Portfolio Manager role to support all aspects of the portfolio management function. This position will assist in the daily management activities of an $8 billion corporate bond portfolio. This position will be a key role in overseeing the support processes around portfolio management and will report to the Corporate Portfolio Manager (CPM).
Responsibilities Include, But Are Not Limited To
Fringe Benefits
Additional Comments
Please note, the targeted income range for this position is $150,000 to $225,000, based upon the candidate’s individual experience. NYSIF does not offer bonus programs as part of our compensation program. The Civil Service title for this position is Special Investment Officer.
The New York State Insurance Fund (NYSIF) was established in 1914 as part of the original enactment of the New York State Workers’ Compensation Law. NYSIF’s mission is to guarantee the availability of workers’ compensation insurance at the lowest possible cost to New York employers and to provide timely, appropriate indemnity and medical payments to injured workers, while maintaining a solvent fund. Since inception, NYSIF has fulfilled the dual roles for which it was created: to compete with other carriers to ensure a fair marketplace and to be a guaranteed source of coverage for employers who cannot secure coverage elsewhere.
NYSIF is the largest workers’ compensation carrier in New York State and among the top 10 largest workers’ compensation carriers in the nation, insuring approximately 139,000 policyholders, with more than $1.8 billion in annual earned premium and over $22 billion in assets. A self-supporting insurance carrier, NYSIF operates without taxpayer funding.
In addition to workers’ compensation insurance, NYSIF provides disability benefits coverage for off-the-job injuries to more than 56,000 New York employers. In 2018, NYSIF added paid family leave as a component of its disability benefits product, providing New Yorkers with job-protected, paid time away from work to care for their families.
NYSIF Commitment to Diversity, Equity, and Inclusion
The New York State Insurance Fund (NYSIF) prioritizes and champions diversity, equity, and inclusion (DEI) throughout our agency. NYSIF provides equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability, veteran status, or any other protected category under federal, state, and local law. We believe that embracing our differences brings richness, new ideas and experiences to NYSIF, which energizes a creative and innovative work environment. We strive to foster a workplace where diverse individuals are able to participate fully in the decision-making process and have ample opportunity for advancement. We are committed to investing the necessary resources and attention to improving the engagement, retention, and promotion of the extraordinary talent we have.
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