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The Associate Actuary completes the most diverse and complicated projects and performs highly complex actuarial studies. This position will support CalPERS.
Job Responsibility:
Performs key actuarial functions including new product pricing, evaluation of the impact of new legislation, flexible benefit consulting, and special projects
Designs and completes special projects such as developing and maintaining experience-rating formulae and creating and/or reviewing alternative settlement formulate and risk sharing models
Responsible for recommendations on pricing, marketing, product design, claims, premium and enrollment administration of business unit
Responsible for valuation support for business unit by interpreting financial results, variances from forecast to help identify product and segment behavior to assist in the risk management of the business unit
Requirements:
Requires a BA/BS degree and minimum of 4 years related experience
or any combination of education and experience, which would provide an equivalent background
ASA required from the Society of Actuaries (SOA)
What we offer:
comprehensive benefits package
incentive and recognition programs
equity stock purchase
401k contribution
merit increases
paid holidays
Paid Time Off
incentive bonus programs
medical, dental, vision, short and long term disability benefits