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
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