Actuarial Managing Consultant | Combo Plans

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

Minimum Qualifications

• High School Diploma or GED
• At least six years of actuarial or outsourcing pension experience
• Possesses comprehensive knowledge of industry and professional concepts, principles, practices, and procedures
• Expert knowledge of pertinent laws, regulations, and professional standards
• Proficient 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
• Working towards Enrolled Actuary (EA)
• Ability to contract with and influence leaders in the organization, good at networking, collaboration and sharing of ideas and successes
• Strong problem solver with good business analysis skills (e.g. build business cases, develop and implement plans for business cases, ask probative questions to identify requirements)
• Ability to handle and prioritize multiple simultaneous assignments, manage to critical deadlines, with extraordinary attention to detail
• Demonstrate an open-minded approach to understanding people regardless of differences; effectively works with people from diverse backgrounds
• Address conflicts by focusing on the issues at hand to develop effective solutions when disputes or disagreements occur
• Accept full responsibility for self and contribution as a team member
• Ability to travel as necessary