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Pension Actuary Analyst
4 weeks ago
Location:
1000 Red River
Austin, Texas, 78701
United States
Pension Actuary Analyst
Requisition ID:
req1104
Employment Type:
Unclassified Temporary Full-Time (UFP)
Division:
Executive
Compensation:
85, ,293.00, Annual Salary
Location:
TRS
Job Closing:
April 10th at 5:00 pm, CST
WHO WE ARE:
Service, Respect, and Connection are core to the individual and collective
TRSexperience.
We know that great service rests on a foundation of relationships that connect us all to an empowering and rewarding career.
At TRS, we're inspired by our diverse community who bring authenticity and commitment to our mission to improve the retirement security of public education employees and retirees throughout Texas.
As a group of achievers, we tap collaboration and innovation to raise the bar in performance, administering and counseling pensions and healthcare benefits to ensure certainty for the future of our members.
We invite you to join us, where both personal and career growth are respected and where you can make a difference in our members' lives every day.
Fellowship Program Position:
This Fellowship Program position is a full-time, temporary, limited term assignment not to exceed three years from the date of hire.
It is intended for individuals that have graduated with a master's degree from an accredited college or university within the last 12 months.
The Pension Actuary Analyst is responsible for assisting with actuarial analysis.
The incumbent will assist in coordinating with the Pension and Policy Research team and the
TRScontract actuary, research pension data and perform actuarial analysis, analyze and report on financial information, and support program administration activities.
WHAT YOU WILL DO:
Data and Actuarial Analysis
- Analyzes pension data to identify trends, anomalies, and areas of action.
- Assists in model development, updates, and reporting.
- Supports ad hoc actuarial projects as needed.
- Assists with preparing statutory and legislative reports related to the
TRSpension program. - Assists with developing data for reporting and analysis for the
TRSpension program. - Assists with pension program calculations.
- Assists with reviewing and analyzing agency policies, procedures, and forms and recommending changes to improve efficiency and effectiveness.
- Reviews legislation for potential agency impact using actuarial practices.
- May communicate findings in presentations and in correspondence.
Financial Analysis and Reporting
- Reviews and analyzes statistical and financial reports, including reports; and reports monitoring the financial status of the
TRSpension program. - Assists with financial models to evaluate the value of
TRSpension and other services. - Assists with the development of fund balance projections for the
TRSpension. - Assists with researching, compiling, and analyzing data; entering data into spreadsheets, databases, and other automated applications; and preparing complex queries and reports.
- Assists with various quantitative projects and/or financial modeling.
Fellowship Curriculum
- Participates in trainings and projects related to the
TRSFellowship Program including webinars, quarterly check-ins, classes or other learning activities, book group, projects, and the mentoring program. - Meets
TRSFellowship Program deadlines and goals for completion of trainings in deliverables in a timely manner. - Performs related work as assigned.
WHAT YOU WILL BRING:
Required Education
- Master's degree from an accredited college or university in actuarial science, mathematics, economics, statistics or a closely related field awarded within the last 12 months.
Required Experience
- None.
Preferred Qualifications
- Currently working towards an Actuarial Certification.
Knowledge, Skills, and Abilities
Knowledge of:
- Principles, practices, and techniques associated with actuarial services, pension administration, and general accounting and auditing.
Skills in:
- Completing detailed work with a high degree of accuracy.
- Managing projects, including planning, organizing, and prioritizing work assignments to manage a high-volume workload in a fast-paced and changing environment.
- Written and verbal communications, including telephone communications and drafting and delivering complex correspondence, reports, presentations, and proposals.
- Utilizing a personal computer and various business software programs including Microsoft Word, Excel, and Outlook; including using spreadsheets for data analysis and presentation.
- Creating exhibits for presentations.
- Applying mathematics, probability, statistics, and financial expertise to calculate metrics and services.
Ability to:
- Meet frequent and multiple deadlines, manage conflicting priorities and demands, and adapt to changes in schedules and assignments.
- Think critically, analyze problems, evaluate alternatives, and recommend effective solutions.
- Establish and maintain harmonious working relationships with co-workers, agency staff, vendors and other external contacts and to work effectively in a professional team environment.
Military Occupational Specialty (MOS)
Codes:
Veterans, Reservists or Guardsmen with experience in the Military Occupational Specialty ( ) along with the minimum qualifications listed above may meet the minimum requirements and are highly encouraged to apply.
Please contact Talent Acquisition at with questions or for additional information.To view all job vacancies, visit or
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