New York State Insurance Fund (NYSIF)
Rajith Sebastian, CFA has a diverse work experience spanning various roles and industries. Currently, they serve as the Head of ESG and Sustainable Investing at the New York State Insurance Fund (NYSIF). Prior to this, they were the Head of Impact Investments at The Wharton School, where they were responsible for developing and managing ESG/Impact Investment vehicles. Rajith also gained experience as a Summer Intern at Credit Suisse and as a Regional Coverage Executive at Nedbank in East Africa. Additionally, they worked as a Director in Investment Banking Coverage at Standard Chartered Bank, as an Assistant Vice President at ChinaVest, and as an Executive at Macquarie Bank. Rajith'scareer began at Monitor Deloitte (formerly Monitor Group) as a Consultant. Overall, Rajith's work experience demonstrates their expertise in ESG investing and their ability to succeed in various roles within the financial industry.
Rajith Sebastian, CFA, holds a Master of Business Administration (M.B.A.) degree in Finance and Management from The Wharton School, which was earned from 2015 to 2017. Prior to that, Rajith completed their Bachelor of Business Science degree with Honors in Finance and Marketing from the University of Cape Town from 2000 to 2003. Additionally, Rajith has obtained the Chartered Financial Analyst (CFA) charterholder certification from the CFA Institute in September 2014.
New York State Insurance Fund (NYSIF)
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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 market place 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 155,000 policyholders, with more than $2 billion in annual premium and $18 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 61,000 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.