#LI-JSS #LI-Hybrid
Essential Functions and Primary Duties
- 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
Preferred Qualifications
- Bachelor's degree
Minimum Qualifications
- 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)
- Effectively represents position on issues to gain support and buy-in from others; works to achieve win-win
- outcomes that others can accept
- Demonstrate a commitment to professional development by proactively seeking opportunities to develop new
- capabilities, skills and knowledge
- Develop innovative approaches to address problems and drive continuous improvement in programs and
- processes
- Accept full responsibility for self and contribution as a team member
- Display a strong commitment to organizational success and inspires others to commit to goals
- Ability to provide technical leadership to staff
- Ability to lead cross-functional teams
- Ability to travel as necessary