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Raytheon Company

Senior Actuary

Raytheon Company - Waltham, MA

Senior Actuary




Job #657009931

Raytheon Corporate HQ’s is seeking a highly motivated and detail oriented Senior Actuary to join our Benefits Finance team. Reporting to the Senior Manager, Benefits Finance, the Senior Actuary will have a critical role within the Benefits Finance department within Corporate Accounting based in Waltham, MA. The Senior Actuary will be responsible for various items including: Technical review of outside actuarial consultant’s deliverables related benefits programs and analyze impacts on financial results Propose recommendations for assumptions and methodologies used in the valuation and forecasting of benefits programs to Senior Manager and Director Project management of pension valuation and forecast processes for qualified, nonqualified and international plans, as well as retiree medical and retiree life plans Ensure appropriate accounting, disclosures and financial controls with respect to benefits areas, including providing technical actuarial reviews of pension accounting entries and disclosures Assist in development of potential future pension strategies and perform associated due diligence Lead the preparation of costs related to benefits programs eligible for Government recovery, including liaison with internal business and customer representatives for forward pricing and incurred cost audit requests Oversee the monitoring of payments from benefit plans and coordinate with vendors including the outside benefits administrator, trustee, health care providers, etc. to resolve any issues in a timely manner Partner with Legal and Human Resources to coordinate compliance with regulatory agencies (IRS, DOL & PBGC) Develop and provide training to team on relevant actuarial topics Basic Requirements: Minimum 10 years of related actuarial experience Critical thinking and analytical skills Solid written and communication skills Strong organizational skills; ability to multi-task with attention to detail Ability to manage critical projects under demanding schedules Required Education: Bachelor’s degree in Actuarial Science, Math, Finance, Accounting or related field Actuarial designation 114679

Raytheon is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.

Updated 05/07/2018

11 days 20 hours ago

Raytheon Company


Senior Actuary Raytheon Company - Waltham, MA, United States


Location: Waltham, MA

Company Profile:
Raytheon Company is a technology and innovation leader specializing in defense, security and civil markets throughout the world. With a history of innovation spanning 92 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems; as well as a broad range of mission support services.