Actuarial Analyst III at Elevance Health performing diverse projects and complex actuarial studies. Collaborating with leadership on actuarial modeling and training of associates in a hybrid work environment.
About the role
- Managing actuarial projects related to annual actuarial work for pension plans. Leading client meetings, ensuring compliance, and applying technical knowledge for effective delivery.
Responsibilities
- Manage projects related to the performance of annual actuarial work for DB and DB/DC combo plans, which includes:
- Census data gathering, reconciliation, quality control, and importation onto valuation software
- Examination and verification of retirement trust financial statements, compute actuarial value of assets for valuation
- Running actuarial valuations and summarizing results for review
- Filing IRS Forms and PBGC filings
- Preparing valuation funding reports
- Preparing actuarial studies and benefit statements
- Coverage and non-discrimination testing
- Lead client meetings to identify client's needs, clarify expectations, help set retirement strategic directions and goals, and deliver results and consulting advice
- Track and meet all compliance standards
- Assist with special actuarial projects
- Review client invoices for completeness and accuracy
- Understand and assist in the interpretation of plan documents
- Provide technical knowledge of pension plans and calculation procedures to Benefits Administration Team for various clients
- Apply understanding of fundamental principles of pension plans, actuarial concepts, pension legislation, and accounting requirements for pension plans
- Pursue actuarial or ASPPA examinations
- Review peer technical work flow
- Additional responsibilities as assigned
Requirements
- High School Diploma or GED
- Eight or more years of actuarial or outsourcing pension experience
- Possesses highly advanced and broad understanding of actuarial principles, practices, and procedures
- Expert knowledge of pertinent laws, regulations, and actuarial standards
- Expert use of applicable technology
- Proficient use of MS Office Suite (Outlook, Word, Excel, PowerPoint) and enterprise communication and travel solutions (Concur, Skype)
- Experience performing work that requires initiative and leadership skills
- Experience in coaching and teaching others
- Enrolled Actuary (EA)
- Ability to provide technical leadership to staff
- Ability to lead cross-functional teams
- Ability to travel as necessary
Benefits
- Professional development opportunities
- Opportunities to grow personally and professionally
Job title
Job type
Experience level
Salary
Not specified
Degree requirement
Location requirements
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