Senior Actuarial Analyst
Raymond James, San Jose, CA, United States
Job Description Summary
Examines and summarizes statistical data by applying mathematical and statistical knowledge to unpaid claim liability, trend analysis, rate formula, forecasting, and premium analysis. Participates in the preparation of annual statements, calculation of tax‑related issues, and drafting of business coverage forms.
Job Description Please note: This role is not eligible for immigration work visa sponsorship, either currently or in the future.
Job Summary Under limited supervision, uses specialized knowledge and skills obtained through education and experience to prepare financials and financial analysis reports to analyze the financial costs of risk and uncertainty. Evaluation, originality and ingenuity are required to locate, select and apply appropriate procedures, processes and techniques to specific assignments. Uses mathematics, statistics and financial theory to assess the risk. Regular contact with senior management and other internal customers is required to identify, research and provide recommendations to minimize the cost of risk.
Essential Duties and Responsibilities
Perform valuation services for pension and post‑retirement medical plans
Prepare and review participant benefit calculations
Prepare and review required government forms including Form 5500, Schedule MB/SB, Form 8955-SSA
Prepare and review plan compliance documents including Annual Funding Notice, PPA Zone certifications, and AFTAP certifications
Prepare plan design alternatives for pension and post‑retirement medical plans
Prepare and review accounting calculations (ASC 960, ASC 715, IAS19, GASB, SOP)
Prepare and present key findings to clients
Perform project tasks independently
Participate in the development of deliverable content that meets the needs of the client
Anticipate client needs and formulate solutions to client issues
Prepare deliverables with accuracy and quality
Provide coaching and mentoring to junior staff
Knowledge, Skills, and Abilities
Advanced statistics and modeling software. Knowledge of Proval preferred.
Excel, Word, and PowerPoint
Pension plan data reconciliation
Preparation of benefit calculations
Skill Set
Identifying patterns and trends in complex sets of data to determine factors that affect certain types of events
Ability to use and develop spreadsheets, databases, and statistical analysis tools
Ability to interpret plan documents
Abilities
Explain complex technical matters to those without an actuarial background
Communicate clearly through reports and memos that describe work and recommendations
Manage own professional development; seek opportunities for growth and expand consulting skills and experiences
Manage workload and apply skills across multiple projects
Educational and Experience Requirements
Minimum 5 years of experience in relevant field; single employer and multi‑employer pension plan actuary experience preferred
Bachelor’s degree in Mathematics, Economics, Statistics, or related field
Licenses and Certifications
Progress toward ASA, FSA, and EA designation
Education Bachelor’s: Economics, Mathematics, Statistics
Work Experience General Experience - 3 to 6 years
Certifications Associate of the Society of Actuaries (ASA), Fellow of the Society of Actuaries (FSA)
Salary Range $80,000.00 - $135,000.00
Travel Less than 25%
Workstyle Hybrid
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client‑first, integrity, independence and a conservative, long‑term view.
Expectations for Associates at All Levels
Grow professionally and inspire others to do the same
Work with and through others to achieve desired outcomes
Make prompt, pragmatic choices and act with the client in mind
Take ownership and hold self and others accountable for delivering results that matter
Contribute to the continuous evolution of the firm
At Raymond James – as part of our people‑first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
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Job Description Please note: This role is not eligible for immigration work visa sponsorship, either currently or in the future.
Job Summary Under limited supervision, uses specialized knowledge and skills obtained through education and experience to prepare financials and financial analysis reports to analyze the financial costs of risk and uncertainty. Evaluation, originality and ingenuity are required to locate, select and apply appropriate procedures, processes and techniques to specific assignments. Uses mathematics, statistics and financial theory to assess the risk. Regular contact with senior management and other internal customers is required to identify, research and provide recommendations to minimize the cost of risk.
Essential Duties and Responsibilities
Perform valuation services for pension and post‑retirement medical plans
Prepare and review participant benefit calculations
Prepare and review required government forms including Form 5500, Schedule MB/SB, Form 8955-SSA
Prepare and review plan compliance documents including Annual Funding Notice, PPA Zone certifications, and AFTAP certifications
Prepare plan design alternatives for pension and post‑retirement medical plans
Prepare and review accounting calculations (ASC 960, ASC 715, IAS19, GASB, SOP)
Prepare and present key findings to clients
Perform project tasks independently
Participate in the development of deliverable content that meets the needs of the client
Anticipate client needs and formulate solutions to client issues
Prepare deliverables with accuracy and quality
Provide coaching and mentoring to junior staff
Knowledge, Skills, and Abilities
Advanced statistics and modeling software. Knowledge of Proval preferred.
Excel, Word, and PowerPoint
Pension plan data reconciliation
Preparation of benefit calculations
Skill Set
Identifying patterns and trends in complex sets of data to determine factors that affect certain types of events
Ability to use and develop spreadsheets, databases, and statistical analysis tools
Ability to interpret plan documents
Abilities
Explain complex technical matters to those without an actuarial background
Communicate clearly through reports and memos that describe work and recommendations
Manage own professional development; seek opportunities for growth and expand consulting skills and experiences
Manage workload and apply skills across multiple projects
Educational and Experience Requirements
Minimum 5 years of experience in relevant field; single employer and multi‑employer pension plan actuary experience preferred
Bachelor’s degree in Mathematics, Economics, Statistics, or related field
Licenses and Certifications
Progress toward ASA, FSA, and EA designation
Education Bachelor’s: Economics, Mathematics, Statistics
Work Experience General Experience - 3 to 6 years
Certifications Associate of the Society of Actuaries (ASA), Fellow of the Society of Actuaries (FSA)
Salary Range $80,000.00 - $135,000.00
Travel Less than 25%
Workstyle Hybrid
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client‑first, integrity, independence and a conservative, long‑term view.
Expectations for Associates at All Levels
Grow professionally and inspire others to do the same
Work with and through others to achieve desired outcomes
Make prompt, pragmatic choices and act with the client in mind
Take ownership and hold self and others accountable for delivering results that matter
Contribute to the continuous evolution of the firm
At Raymond James – as part of our people‑first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.
#J-18808-Ljbffr