Rael & Letson Consultants and Actuaries

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Positions Available

To apply for any open position below, please submit your resume and cover letter to info@rael-letson.com.


HEALTH & WELFARE ANALYST

POSITION TITLE: Analyst
DEPARTMENT: Health & Welfare
REPORTS TO: Health & Welfare Practice Leader
SUMMARY: As a key member of the Health & Welfare department, the Analyst will support the company’s objectives by providing technical and administrative support to our team of Health and Welfare consultants and analysts located in multiple offices.

RESPONSIBILITIES

  • Analyze health plan statistical, financial reports and other specialized reports as needed.
  • Prepare periodic client reports on plan operations/performance including annual budget projections.
  • Calculate projected plan costs for self-funded coverages (i.e. medical, dental, prescription drug, and vision benefits).
  • Calculate COBRA rates, other self-payment rates and required Employer Contribution rates.
  • Determine the projected costs savings/cost of benefit or eligibility modifications.
  • Coordinate receipt and review of insurance and service provider renewals.
  • Draft and or review of plan comparisons, participant notices, Summary Plan Descriptions, Plan Documents and amendments, as requested.
  • Prepare and review Request for Proposals (insurance carriers or service providers).
  • Collaborate with other analysts to develop/improve data and project management capabilities.
  • Provide administrative assistance to clients and internal staff.
  • Assist in compliance and regulatory reporting requirements.
  • Communicate both in writing and verbally with external clients and effectively communicate across departments and teams within the organization; Health & Welfare, Actuarial, OPEB and Pension, finance, sales, marketing, etc.
  • Other duties as assigned.

SKILLS

  • Strong research and data analysis skills.
  • Strong written and verbal communication skills.
  • Detail-oriented, excellent organizational skills, ability to work independently and effectively multi-task to meet deadlines.
  • Good knowledge of statistics and business operations.
  • Proficient use of Microsoft Office including spreadsheets (Word, Excel, Access, etc.).
  • Understanding of statistical analysis programs (HealthMaps a Plus).
  • Analytical yet creative and able to resolve issues quickly.

EDUCATION/EXPERIENCE

  • Bachelor’s degree in, Math, Actuarial Science, Economics, Business or similar degree.
  • Two or more years of experience working in a similar industry.
  • Experience working in finance or the healthcare industry.
  • Candidate must be authorized to work in the U.S. long-term without sponsorship.

 


HEALTH ACTUARIAL ANALYST

POSITION TITLE: Actuarial Analyst
DEPARTMENT: Health & Welfare
REPORTS TO: OPEB Practice Leader
SUMMARY: As a key member of the “Other Post-Employment Benefits” (or OPEB) department, the Analyst will support the company’s objectives by performing actuarial valuations of postretirement welfare benefits, and also by providing technical and administrative support to our team of general health benefit consultants located in multiple offices.

RESPONSIBILITIES

OPEB Valuations: Complete all steps in the OPEB valuation cycle for multiemployer, public, and single-employer clients.

  • Collect data from fund office, TPA, or other agencies.
  • Analyze census data and prepare it for long-term projections.
  • Analyze self-funded experience, use to set initial per-capita costs and self-pays.
  • Update demographic and economic assumptions.
  • Price amendments to underlying benefits using manual rating software.
  • Program valuation software, including projection of cost-sharing arrangements.
  • Write client reports, including exhibits for public and single-employer accounting.
  • Perform post-valuation studies for prefunding, cost-shifting, or benefit changes.

Other Technical Support

  • Prepare/analyze health plan statistical, financial, budgeting, and other specialized reports as needed.
  • Calculate self-funded plans costs, IBNP reserves, COBRA rates, and employer contribution rates.
  • Obtain, review, and negotiate renewals with vendors.
  • Estimate effect of benefit changes.
  • Draft Plan Documents, SPD’s, and other participant communications.
  • Prepare RFP’s and periodic client reports on plan operations/performance.

SKILLS

  • Proficient in Microsoft Excel/Word/Outlook.
  • Familiar with financial projections and analysis.
  • Conversant in healthcare terminology (and related legislation a plus).
  • Familiar with a programming language (and OPEB valuation software a plus).
  • Excellent verbal/written communication skills.
  • Adept at multi-tasking, organizing data, and attending to details.
  • Able to develop professional relationships both internally and externally.

EDUCATION/EXPERIENCE

  • Two or more years of relevant job experience.
  • Bachelor degree preferred, actuarial exam progress a plus.
  • Candidate must be authorized to work in the U.S. long-term without sponsorship.

 


ADMINISTRATIVE PRODUCTION ASSOCIATE

POSITION TITLE: Administrative Production Associate
DEPARTMENT: Administration
REPORTS TO: COO, Production Supervisor
SUMMARY: The Administrative Production Associate will perform mid-level word processing (>50%) and entry-level clerical office duties (<50%) as assigned, including desktop publishing, filing, office machine operation, answering phones, incoming/outgoing mail services, event support and general office and administrative duties as assigned by the COO and Production Supervisor. The word processor function requires a deadline-oriented, strategic thinker who exemplifies outstanding technical skills and personal interaction. This position requires close collaboration with management and staff and is required to assist the Admin team in rendering exceptional client service through the use of technology and document production. This is a full-time position in our San Mateo office, and requires being on duty until 5:30pm.

RESPONSIBILITIES

Word Processing Duties: Under direction of the Production Supervisor, and with daily supervision by the Production Coordinator, the Administrative Production Associate performs the following word processing duties.

  • Creates, revises and prints documents using computer system software and form files.
  • Creates documents from handwritten drafts utilizing company approved formats and industry terminology.
  • Converts files from email attachments; converts Word and Excel files to PDF files and vice versa.
  • Works one-on-one with managers, consultants, analysts and staff on special projects.
  • Performs high level of skill with styles, formatting, TOCs, bookmarking, indexing and cross referencing.

Clerical Duties: Under direction of the COO and Office Services Manager, the Administrative Production Associate performs the following clerical duties.

  • Compiles, copies, sorts, and files records of office activities, business transactions, and other
  • Ensures effective and professional telephone and mail communications both internally and externally.
  • Delivers mail, messages, runs errands and responds to
  • Operates office machines, such as photocopier, scanners, binding machines, postage meter, and personal computers.
  • Stuffs envelopes and addresses, stamps, sorts, and distributes mail, packages, and other
  • Sets up, and cleans up after company events and
  • Assists in alteration of office areas and equipment as well as layout, arrangement and housekeeping of office facilities
  • Assists in the maintenance of office equipment, including copier, fax machine, etc.
  • Assists the day-to-day operations of the facility (such as help with recycling, infrastructure such as lighting or HVAC issues, cube problems, etc.), as directed by the COO.
  • Participates as needed in special department projects.
  • Provides daily lunch/break and PTO backup for Office Services Manager, including Reception duties.
  • Other duties as assigned by the COO or Office Services Manager.

SKILLS

  • Accurately type 60+ WPM
  • Intermediate-Advanced skills in MS Office Suite (Outlook, Word, Excel, PowerPoint)
  • Good understanding of computers and the internet
  • Strong attention to detail
  • Ability to read, write and comprehend the English language including accurate spelling skills
  • Ability to accurately comprehend and follow instructions
  • Sense of urgency to complete tasks for internal and external customers

EDUCATION/EXPERIENCE

  • Minimum High School Diploma
  • Minimum 2 years of prior work experience in an office environment
  • Occasionally required to lift up to 40 lbs. without assistance
  • Occasionally required to lift 40+ lbs. with assistance
  • Candidate must be authorized to work in the U.S. long-term without sponsorship.

 


Equal Opportunity Employer M/F/D/V