Senior Actuarial Analyst
Raymond James Financial, Inc., San Jose, CA, United States
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 Knowledge of:
Advanced statistics and modeling software. Knowledge of Proval preferred.
Excel, Word, and PowerPoint
Pension plan data reconciliation
Preparation of benefit calculations
Skill in:
Identifying patterns and trends in complex sets of data to determine the factors that have an effect on certain types of events
Ability to use and develop spreadsheets, databases, and statistical analysis tools
Ability to interpret Plan Documents
Ability to:
Explain complex technical matters to those without an actuarial background
Communicate clearly through reports and memos that describe their work and recommendations
Manage own personal and professional development; seek opportunities for professional growth and expansion of consulting skills and experiences
Manage workload and apply skills across multiple projects
Educational/Previous Experience Requirements
Minimum 5 years of experience in relevant field, single employer and multiemployer pension plan actuary experience preferred
Bachelor’s degree in Mathematics, Economics, Statistics or other business related field
Licenses/Certifications
Progress toward ASA, FSA, and EA designation
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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 Knowledge of:
Advanced statistics and modeling software. Knowledge of Proval preferred.
Excel, Word, and PowerPoint
Pension plan data reconciliation
Preparation of benefit calculations
Skill in:
Identifying patterns and trends in complex sets of data to determine the factors that have an effect on certain types of events
Ability to use and develop spreadsheets, databases, and statistical analysis tools
Ability to interpret Plan Documents
Ability to:
Explain complex technical matters to those without an actuarial background
Communicate clearly through reports and memos that describe their work and recommendations
Manage own personal and professional development; seek opportunities for professional growth and expansion of consulting skills and experiences
Manage workload and apply skills across multiple projects
Educational/Previous Experience Requirements
Minimum 5 years of experience in relevant field, single employer and multiemployer pension plan actuary experience preferred
Bachelor’s degree in Mathematics, Economics, Statistics or other business related field
Licenses/Certifications
Progress toward ASA, FSA, and EA designation
#J-18808-Ljbffr