Job Description
Urgent Hiring Opportunity! Join the State Government in a pivotal role managing the Pension Plan for public employees. The California Public Employees' Retirement System (CalPERS) is looking for a strategic Senior Pension Analyst to oversee investment performance and actuarial stability.
We are dedicated to securing the financial future of our members. In this role, you will be at the heart of our mission, ensuring the sustainability and efficiency of one of the largest public pension funds in the United States.
Responsibilities
- Lead the analysis of actuarial valuations and financial trends for the state pension fund.
- Develop complex financial models to forecast Pension Plan liabilities and investment returns.
- Prepare high-level reports and presentations for the State Board of Administration and legislative committees.
- Monitor compliance with federal accounting standards (GAAP) and state regulatory requirements.
- Collaborate with external auditors and investment consultants to optimize asset allocation.
- Drive process improvements within the retirement administration department.
Qualifications
- Master’s degree in Finance, Actuarial Science, Economics, or a related field (MBA preferred).
- Professional designation (CFA, FSA, or CPA) is highly desirable.
- Minimum of 5 years of experience in public sector finance, Pension Plan management, or investment analysis.
- Strong proficiency in SQL, Python, and advanced Excel (VBA/Power Query).
- Excellent written and verbal communication skills for stakeholder engagement.
- Demonstrated ability to work in a high-stakes, deadline-driven government environment.