Job Description Summary
Manages a line of business with a team of insurance actuaries. Conducts research and recommends policies to assist with the organization's financial structure, completes financial projections, and performs actuarial analysis. Provides advice and problem solving input to others in particularly complex situations.Job Description
Under limited administrative direction, supervises a team of actuaries who are responsible for preparing financial projections for single-employer and multiemployer pension plans. Uses extensive knowledge and skills obtained through education and experience to manage workflow to ensure that established deadlines are met and ensure the accuracy of financial projections. Contributes to writing and maintaining policies and procedures. Works independently on difficult assignments that are broad in nature requiring originality and ingenuity with appreciable latitude for un-reviewed actions or decisions.
Please note: This role is not eligible for immigration Work Visa sponsorship, either currently or in the future.
Work Environment
- Eligible for hybrid or fully remote. Residing in the Bay area or Seattle area is strongly preferred, as the Senior Actuary may work from the San Jose, CA or Seattle, WA Office monthly.
Essential Duties and Responsibilities
- Manage and mentor junior actuaries/analysts
- Client relationship management, ensuring high-quality deliverables
- Perform valuation services for pension and post-retirement medical plans
- Prepare plan design alternatives for pension and post-retirement medical plans
- Prepare and present key findings to clients
- Perform project tasks independently, and direct the efforts of others
- Participate in and/or lead the development of deliverable content that meets the needs of the client
- Anticipate client needs and formulate solutions to client issues
- Prepare and review deliverables for accuracy and quality
- Provide coaching to junior staff
- Manage own personal and professional development; seek opportunities for professional growth and expansion of consulting skills and experiences
Knowledge of
- Broad range of tools and techniques to extract insights from current industry or sector trends
- Demonstrated technical proficiency with various software applications and regulatory requirements
Skill in
- Ability to manage multiple projects at the same time
- Good communication and interpersonal skills
- Delegating to others to provide stretch opportunities and coaching them to deliver results
- Demonstrate critical thinking and the ability to bring order to unstructured problems.
Ability to
- Able to lead meetings and interact with clients at a high level
- Use straightforward communication, in a structured way, when influencing and connecting with others
- Able to read situations and modify behavior to build quality relationships
Education/Previous Experience
- Minimum 10 years of experience in relevant field including extensive single employer and multiemployer pension plan actuarial experience. Small plan and cashing balance experience preferred.
- Bachelor’s degree in Mathematics, Economics, Statistics or other business related field
Licenses/Certifications
- FSA, ASA, and/or EA actuarial designation
- Member of the American Academy of Actuaries preferred
Travel Required:
- Yes, 20% of the time
Education
Bachelor’s: MathematicsWork Experience
General Experience – 10 to 15 yearsCertifications
Associate of the Society of Actuaries (ASA) - Society of Actuaries, Fellow of the Society of Actuaries (FSA) - Society of ActuariesSalary Range
$100,000.00-$130,000.00Travel
Less than 25%Workstyle
RemoteAt 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.
We expect our associates at all levels to:
• 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 themselves 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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What We Do
Founded in 1962 and a public company since 1983, Raymond James Financial, Inc. is a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies engaged primarily in investment and financial planning, in addition to capital markets and asset management. The firm's stock is traded on the New York Stock Exchange (RJF). Through its three broker/dealer subsidiaries, Raymond James Financial has approximately 8,400 financial advisors throughout the United States, Canada and overseas. Total client assets are $1.18 trillion (as of 9/30/2021). Raymond James has been recognized nationally for its community support and corporate philanthropy. The company has been ranked as one of the best in the country in customer service, as a great place to work and as a national leader in support of the arts.
