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GovInvest
Los Angeles, CA | Full Time
$97k-118k (estimate)
1 Month Ago
OPEB Actuary
GovInvest Los Angeles, CA
$97k-118k (estimate)
Full Time | Investment Management 1 Month Ago
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GovInvest is Hiring an OPEB Actuary Near Los Angeles, CA

GovInvest Inc. is a venture-capital-backed government technology company that works with municipal agencies to better navigate the complexities of actuarial analysis for pension and retiree health plans. We provide actuarial software suites and valuations.

The Product Operations Team has a need for a full-time OPEB Actuary. Candidates must be an Associate of the Society of Actuaries (ASA) with at least five years of OPEB valuation experience and be highly motivated and enthusiastic with a drive for innovation and growth that will complement the exciting expansion that the company is currently experiencing.

Responsibilities:

  • Understand how to create and use GovInvest's OPEB software products.

  • Supervise and review construction and delivery of GovInvest’s OPEB software product for various public entity clients.

  • Author OPEB plan configurations for a client.

  • Perform, review (for accuracy and quality), and sign post-retirement medical valuations and GASB 74/75 reports.

  • Set all assumptions related to OPEB valuations and perform claim costs analysis.

  • Supervise OPEB modeling consulting projects and consult with key-decision makers at the state or local government clients who utilize our OPEB software.

  • Tracking of milestones and deliverables for GovInvest’s OPEB software product and OPEB valuations.

  • Estimate/schedule project tasks and milestones to determine and meet delivery dates.

  • Perform project tasks independently, direct the efforts of others on the OPEB team, and mentor junior staff.

  • Support Development team throughout the development cycle and work closely with the team to develop content requirements and enhancement to the OPEB software products for upcoming releases.

  • Assist with Client Relationship Management (CRM) work with existing clients.

  • Contribute to new business proposals and proposal development.

  • Manage own personal and professional development; seek opportunities for professional growth and expansion of consulting skills and experiences.

  • Bachelor’s degree majoring in actuarial science, mathematics, statistics, or another major with quantitative course work.

  • An ASA with at least five years of working knowledge of post-retirement medical plan design, claims cost calculations, funding, and accounting.

  • Experience performing actuarial valuations for public agencies post-retirement medical plans.

  • Understand OPEB funding for public retirement plans.

  • Goal oriented, self-motivated, and have ability to work as part of a growing team.

  • Excellent business acumen, communication, and presentation skills.

  • Ability to manage projects, prioritize, and manage time effectively.

  • Complete fluency in English, spoken and written with strong oral and written communication skills.

  • Familiar with Microsoft Office with proficiency in Excel, Word, and PowerPoint.

  • Ability to solve problems independently and creatively.

  • Have an understanding of the accounting rules and regulations related to post-retirement medical plans, and calculations inherent in our work (including actuarial mathematics, actuarial cost methods, etc.).

  • Knowledge of California OPEB rules and regulations.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Investment Management

SALARY

$97k-118k (estimate)

POST DATE

05/08/2024

EXPIRATION DATE

06/07/2024

WEBSITE

govinvest.com

HEADQUARTERS

Torrance, CA

SIZE

25 - 50

INDUSTRY

Investment Management

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