Sr. Actuarial Analyst - Pension/Remote - 9540
National retirement services firm looking to add a senior actuarial analyst to work on small plan Cash Balance plans. Job can be fully remote. The primary focus will be on cash balance pension plans with less than 100 participants that are tested in combination with a defined contribution plan. You will be working closely with a team of enrolled actuaries and direct client interaction is expected.
Request, organize, and review Plan & Participant data
Review & Reconcile Plan Asset Data
Review Plan document and establish plan specifications using the ASC valuation system
Prepare Annual Valuations in ASC for review and approval by Actuary
Perform CB/401(k) Combo Annual IRS Coverage and Non-Discrimination testing (401a4, 410b, 401a26)
Preparation of benefit calculations for terminated/retiring participants including calculation of optional forms of payment
Plan Termination calculations for PBGC and non-PBGC covered Defined Benefit Plans
Monitor and prepare Required Minimum Distribution calculations
Prepare Government Form 5500s, Schedule SB, PBGC premium filing, 8955-SSA
Complete Cash Balance/Defined Benefit Plan Projections upon request
Work closely with RPC (Retirement Plan Consultant) to service case of Cash Balance/401k Combination Plans.
This position requires extensive experience working with small market Cash Balance/Defined Benefit/401(k) Combo plans.
Proficiency in CB/401k Combo Plan Cross Testing
Proficiency with ASC Valuation system would be a plus, not a requirement.
Demonstrated excellence in written and verbal communication
Must be detailed and possess strong organizational skills
3+ years of prior work experience with CB/DB/401k Combo Plans
Actuarial exams will be supported if desired, although also open to candidates who would prefer going the ASPPA route as well.
Must have experience actually doing the calculations.