Actuarial Analyst - Retirement / Pension

Rael & Letson•San Diego, CA

17h•Hybrid

About The Position

About Us: Rael & Letson is an independent employee benefits consulting and actuarial services firm. We serve as a trusted advisor to multiemployer and other retirement and health plans, helping bring high quality benefits to working people. We partner with our clients to design, implement, evaluate and communicate innovative and cost-effective benefit programs customized to their unique needs. Responsibilities: We are seeking an Actuarial Analyst with strong technical and communication skills, and the ability to establish good working relationships with plan professionals. This role supports the company's objectives by providing technical support to our team of Pension consultants and analysts located in multiple offices. Responsibilities will include preparing actuarial valuations, including data preparation, calculation of assets and liabilities, gain/loss analysis and preparation of final reports. Additional responsibilities include preparing projections of assets and liabilities, government forms and notices, and benefit calculations. The role also involves drafting and/or reviewing participant notices, Summary Plan Descriptions, Plan Documents and amendments, as well as assisting with special projects as needed. As a key member of the Pension Practice, the Actuarial Analyst will communicate both in writing and verbally with plan professionals including Administrators, Auditors, Investment Consultants and Counsel, as well as within and across assigned client teams. Collaborate with other analysts to develop/improve data and project management capabilities. Company Culture: We are a friendly, professional team and are open to flexible work arrangements (including working from home and some schedule flexibility), as long as business needs are covered. At Rael & Letson, we are committed to a culture of diversity and inclusiveness, as demonstrated through our recruitment, retention, and employee development programs. We maintain an environment that respects and builds on the assets and talents of each person, valuing their unique backgrounds including - but not limited to - gender and gender identity, race, ethnicity, sexual orientation, disability status, veteran status, age, and religion. Fostering a diverse and inclusive environment is critical to our success, allows us to attract and retain the best talent and enables us to support one another’s professional success. Location: This position will be based in one of our offices (San Diego, San Mateo or Seattle), with flexibility to also work from home (hybrid). Hybrid arrangements must be approved and are subject to change; currently we are working a few days per month in-office. Total Comp and Benefits: In addition to competitive base pay, this position is eligible for our annual bonus program. We are proud to offer excellent benefits including a 401k with a 5% company contribution, available medical, dental, vision, life and disability coverage, ESOP, generous time off, and more. This position is eligible for participation in the company’s actuarial study program.

Requirements

Good verbal and written communication, interpersonal, and analytical skills
Self-motivated with strong personal management and organization skills
Strong problem-solving skills and attentive to detail
Work well in a team environment, yet able to work independently and effectively multi-task to meet deadlines
Substantial knowledge of Microsoft Office programs, including Word and Excel
Bachelor’s degree in Mathematics, Actuarial Science, Economics, Business or similar with at least 2 actuarial exams passed and actively pursuing an actuarial designation

Nice To Haves

1 year of actuarial pension experience is preferred, but not required
Recent college graduates are encouraged to apply
ProVal experience is preferred

Responsibilities

preparing actuarial valuations, including data preparation, calculation of assets and liabilities, gain/loss analysis and preparation of final reports
preparing projections of assets and liabilities, government forms and notices, and benefit calculations
drafting and/or reviewing participant notices, Summary Plan Descriptions, Plan Documents and amendments
assisting with special projects as needed
communicating both in writing and verbally with plan professionals including Administrators, Auditors, Investment Consultants and Counsel, as well as within and across assigned client teams
Collaborate with other analysts to develop/improve data and project management capabilities