Actuary - Sr. DB Administrator - Remote - Pension - 9727
Client looking to add an Enrolled Actuary to their staff to be responsible for managing a DB caseload, assisting the Director of Retirement Services with additional projects, and serving as the company’s Enrolled Actuary. The DB Admin utilizes, shares and expands their comprehensive administration knowledge to contribute to the growth of the team. They will have a continual focus on DB administration, process improvement, accuracy of work and client service. This position can be fully remote with a couple trips to the Chicago area required each year.
Independently handle a caseload of small to mid-size Defined Benefit retirement plans while providing excellent client service and responding to inquiries in a professional manner
Assist in department projects and strategic initiatives
Research and maintain updated industry knowledge including laws, regulations, and other applicable obligations
Provide actuarial and administration support to clients
Perform compliance testing - Top-Heavy, 401(k), 401(m), 410(b), 401(a)(4)
Respond to client requests and maintain client relationships
Perform benefit calculations, valuations, AFTAP and schedule B
Prepare reporting packages
Recommend plan design changes to client (cross tested DB & DC as well as combined DB/DC plans)
Assist with proposals and handle new client implementations
Qualified candidates will have:
3-5 years direct DB administration experience (preferably small to midsize plans)
Enrolled Actuary designation to sign documents required
Pension formula knowledge
Experience with DC administration is a plus
Relius Administration (or similar) experience
Client management experience
Proven organization skills
Ability to multi-task, prioritize and work effectively in a fast-paced team environment
Eagerness to grow with an expanding company!
Required travel to the Chicago home office approximately 3-4 times per year.
*Note this role could also be upgraded to a Manager level as well depending on experience and compensation level.