Actuarial Analyst - Retiree Health

Rael-; San Mateo (CA); Hybrid; USD 85,000 - 110,000; Full time

Benefits offered by this job

401k with company contribution

Medical, dental, vision coverage

ESOP

Generous time off

Flexible work arrangements

Job summary

Rael & Letson, an independent employee benefits consulting and actuarial services firm, is seeking an Actuarial Analyst to support retiree health valuations, per-capita cost projections, and related reporting from our San Mateo office (hybrid work arrangement).

You will collaborate with our Retiree Health team, bringing strong technical and communication skills, attention to detail, and a client-focused mindset, with access to an actuarial study program and a bonus program, plus excellent

Qualifications

• Bachelor’s degree in mathematics, business, actuarial science, or related field, or 2+ years of similar industry experience.
• 1-2 years of actuarial / valuation work experience is preferred.
• Actuarial exams in-progress toward an actuarial designation strongly preferred.
• Strong communication, analytical and teamwork skills.

Responsibilities

• Support actuarial consulting work by performing per-capita health cost projections.
• Prepare retiree health valuations, creating accounting disclosure reports.
• Assist with special projects as needed.
• Establish good working relationships with plan professionals in a client-focused environment.

Skills

Verbal communication

Written communication

Analytical skills

Microsoft Excel

Microsoft Word

Team collaboration

Organizational skills

Actuarial knowledge

Education

Bachelor’s degree in mathematics, business, actuarial science

Actuarial exams in-progress

Tools

Microsoft Office

Job description

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.

This role will ideally be located (hybrid) in our San Mateo office. Other R&L office locations such as Seattle or San Diego would also be considered.

Responsibilities:

As a key member of our Retiree Health (also known as OPEB for “Other Post-Employment Benefits”) team within the larger Health & Welfare practice, the Actuarial Analyst will support actuarial consulting work for clients by performing per-capita health cost projections, preparing retiree health valuations, creating accounting disclosure reports, and assisting with special projects as needed.

We are seeking an analyst with strong technical and communication skills and the ability to establish good working relationships with plan professionals. The successful candidate will enjoy analytical work, be attentive to detail, and work well in a collaborative, client-focused environment.

Necessary Skills and Attributes:

• Good verbal and written communication, interpersonal, research and analytical skills.
• Self-motivated with strong personal management and organization skills.
• Strong problem-solving skills and meticulous attention to detail.
• Ability to work well in a team environment.
• Strong knowledge and skills using Microsoft Office programs, including Word and Excel.

Education and Experience:

• Bachelor’s degree in mathematics, business, actuarial science, or a related field, or 2+ years of similar industry experience.
• 1-2 years of actuarial / valuation work experience is preferred.
• Actuarial exams in-progress toward an actuarial designation strongly preferred.

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.

Total Comp and Benefits:

Please note: the listed comp range represents the entire range for a position. Starting base salary will reflect a candidate's skills and experience.

This position is eligible for participation in the company’s actuarial study program, which offers exam fees, study time and financial rewards along the path to being a credentialed actuary.

In addition to competitive base pay, we offer an annual bonus program.

We are proud to offer excellent benefits including a 401k with a 5% company contribution, medical, dental, vision, life and disability coverage, ESOP, generous time off, and more.