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

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

Actuarial Managing Consultant – Combo Plans

Key skills