Senior Actuary- Los Angeles, CA

3 weeks ago


Los Angeles, United States Fortuna BMC Full time
The Senior Actuary will play a critical role in leading actuarial analyses and providing expert recommendations on benefit plan designs and rate renewals. The candidate will be responsible for ensuring the accuracy of financial projections and adherence to actuarial standards. The role will require collaboration with public sector stakeholders and the preparation of detailed reports to support decision-making.
WORK LOCATION:
  • County of Los Angeles: This role offers flexibility for remote work. However, candidates must be prepared to attend in person at multiple locations and times as designated by the County of Los Angeles.

WHAT YOU'LL DO:
  • Lead actuarial analysis for public sector benefit plans, ensuring comprehensive evaluations and precise recommendations.
  • Provide expert guidance on rate renewals, including the development of actuarial assumptions and financial models.
  • Ensure that all actuarial work complies with industry standards and regulatory requirements.
  • Collaborate with internal teams and external stakeholders to support benefit plan sustainability.
  • Prepare and present detailed actuarial reports, including recommendations for rate adjustments and insights into the financial health of benefit plans.

DELIVERABLES:
  • Detailed actuarial reports, including projections and risk assessments.
  • Recommendations for rate adjustments and changes in benefit plan designs.
  • Comprehensive analysis of benefit plan sustainability, ensuring long-term viability and financial stability.
WHAT YOU'LL BRING:
Experience Required: Minimum of 8 years within the last 10 calendar years.
  • Fellowship of the Society of Actuaries (FSA) or equivalent actuarial certification.
  • Extensive experience in public sector actuarial work, with a deep understanding of the unique challenges and regulations in this field.
  • Strong analytical and problem-solving skills, with a proven track record of leading complex actuarial projects.
  • Excellent communication skills, capable of conveying complex actuarial concepts to non-technical stakeholders.

Fortuna operates as a staffing agency engaged in sourcing, screening, and presenting potential candidates for employment opportunities on behalf of our clients.

Fortuna was founded in 2012 by practicing professionals with more than 50 combined years of experience. Our headquarters is in McClellan, California with offices in Los Angeles and New York, and satellite offices in the Philippines and Israel. Fortuna is an active member of multiple California service agreements, including CMAS, ITMSA (Tier 2), CalPERS SpringFed Pool, as well as multiple municipalities and large corporation vendor pools .
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