STRS Ohio, STRS

STRS Ohio is seeking a Chief Actuary to join the Finance/Management team.

Compensation:

$215,343 - $274,563

Work Schedule:

8:00am-5:00pm Monday-Friday (Onsite)

General Summary:

Under the direction of the deputy executive director, Finance and Chief Financial Officer (CFO), plan and manage all actuarial and enterprise risk management activities. Responsible for day-to-day actuarial operations and inquiries at State Teachers Retirement System of Ohio (STRS Ohio).

Summary of Responsibilities:

• Oversee preparation of data for annual independent actuarial valuations for pension and health care benefits.

• Work closely with consulting actuary for completion, review and presentation of annual valuations and other analysis prepared for pension and health care benefits.

• Prepare and present actuarial reports and analysis to management, stakeholders and State Teachers Retirement Board meetings serving as a trusted advisor in policy decisions.

• Lead development and recommend long-term funding strategies for pension and health care plans, incorporating actuarial best practices.

• Lead and oversee STRS Ohio's Enterprise Risk Management framework, integrating actuarial, financial, investment, operational and strategic risks.

The above list of duties is intended to describe the general nature and level of work performed by persons assigned to this classification. It is not to be construed as an exhaustive list of duties performed by the persons so classified, nor is it intended to limit or modify the right of any supervisor to assign, direct and control the work of employees under supervision.

Summary of Qualifications:

• Bachelor’s degree in actuarial science, mathematics, finance or business administration required.

• Certification as Fellow of the Society of Actuaries (FSA) and Member of the American Academy of Actuaries required.

• Six to ten years’ experience as an actuary in consulting or pension-related organization required.

• Experience with pension actuarial software such as Proval preferred.