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Actuarial Analyst – Pension-9055

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Actuarial Analyst - Pension-9055

Published: February 5, 2021
Location
Remote, Any
Job Type
Category
Job ID
9055
Yrs Exp(min)
3+
Credentials
None
Salary (Mid)
$72,500
Bonus
10%
Recruiter
Matt Doman
Recruiter Phone Number
800 543-2553

Description

Client seeking an actuarial analsyt to service a book of business and ideally with experience working with small market cash balance defined benefit pension plans. The primary focus will be on cash balance pension plans with less than 100 participants including plans that are combined for testing purposes with a defined contribution plan. Will be working closely with a team of enrolled actuaries and direct client relationships with some clients is expected.
Primary Duties and Responsibilities
• Request, organize, and review participant data for reasonableness
• Review the asset information for the plan
• Review the Plan document and establish plan specifications in ASC valuation system
• Run annual valuation using valuation software and review for reasonableness
• Check valuation results and present to the actuary for discussion and review
• Prepare benefit calculations for terminated and retiring participants
• Prepare benefit certifications including calculation of all optional forms of payment
• Required Minimum Distribution calculations
• Draft government filings (Form 5500s, Schedule SB, PBGC premiums, 8955-SSA)
• Annual regulatory compliance checks
Qualifications:
• Proficient with Microsoft Office applications
• Demonstrated excellence in written and verbal communication
• Must be detailed and possess strong organizational skills
• Time management focused adhering to deadlines and timelines
• Solutions oriented
• College Degree required
• 3+ years of prior work experience in the defined benefit plan business
• Proficient with ASC actuarial valuation system is a plus

To apply please email: Matt Doman | 800 543-2553
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