
Senior Actuary
We are seeking a highly skilled and experienced Senior Actuary to join our team at the State of California. As a Senior Actuary, you will play a crucial role in providing accurate and comprehensive actuarial analysis and recommendations for the state's insurance and retirement programs. Your expertise will be essential in ensuring the financial stability and sustainability of these programs, as well as protecting the interests of our citizens. The ideal candidate will possess a strong background in actuarial science, exceptional analytical skills, and a deep understanding of insurance and retirement systems. If you are a dedicated and strategic thinker with a passion for public service, we encourage you to apply for this exciting opportunity.
- Develop and implement actuarial strategies and methodologies for analyzing insurance and retirement programs for the State of California.
- Conduct comprehensive actuarial analysis to assess the financial stability and sustainability of existing programs and make recommendations for improvement.
- Collaborate with internal and external stakeholders to gather data and information necessary for actuarial analysis.
- Utilize advanced actuarial modeling techniques to evaluate risk and make informed decisions about program design and pricing.
- Regularly review and update actuarial assumptions and methods to ensure accuracy and relevance.
- Prepare and present reports, findings, and recommendations to senior management and other decision-makers.
- Serve as a subject matter expert on actuarial issues and provide guidance and support to colleagues and other team members.
- Stay current with industry trends and regulations related to insurance and retirement programs and incorporate them into analyses and recommendations.
- Provide support and advice to state officials and policymakers on actuarial matters related to insurance and retirement programs.
- Ensure compliance with all relevant laws, regulations, and ethical standards in all actuarial work.
Bachelor's Degree In Actuarial Science, Mathematics, Statistics, Or A Related Field.
At Least 7 Years Of Experience In Actuarial Work, Preferably In The Public Sector.
Fellow Of The Society Of Actuaries (Fsa) Or Equivalent Designation.
Extensive Knowledge Of Actuarial Principles, Methodologies, And Techniques, Particularly In The Areas Of Pension, Health, And Insurance.
Strong Analytical And Problem-Solving Skills, With The Ability To Use Data And Statistical Tools To Make Strategic Decisions And Recommendations.
Budgeting
Risk Management
Strategic Planning
statistical analysis
Data Modeling
Financial forecasting
Investment Analysis
Cost Containment
Actuarial Science
Pension Valuation
Insurance Regulation
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Critical thinking
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Senior Actuary in Sacramento, CA, USA is between $130,000 and $180,000 per year. This may vary depending on the specific company, years of experience, and other factors.
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California, a western U.S. state, stretches from the Mexican border along the Pacific for nearly 900 miles. Its terrain includes cliff-lined beaches, redwood forest, the Sierra Nevada Mountains, Central Valley farmland and the Mojave Desert. The city of Los Angeles is the seat of the Hollywood entertainment industry. Hilly San Francisco is known for the Golden Gate Bridge, Alcatraz Island and cable cars.

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