Prepare data for and perform actuarial calculations related to the annual funding, accounting, and compliance requirements for defined benefit pension plans.
Section 2: Job Functions, Essential Duties and Responsibilities
- Reconcile census and financial data utilized in preparing accounting and funding valuation reports
- Draft routine deliverables, including contribution requirements, accounting costs, benefit calculations, government forms and other standardized reports
- Update assumptions and provisions in third-party software for use in annual valuations
- Interpret valuation results and provide initial recommendations
- Develop and maintain expertise on design and plan administration of assigned clients
- Develop and maintain client relationships, serve as trusted advisor and technical expert
- Communicate with client, participate in client meetings, present results, and discuss recommendations
- Continue to pursue actuarial credentials by completing the required exams, educational experiences, modules and seminar
Supervision
- N/A
Section 3: Experience, Skills, Knowledge Requirements
- Bachelor degree in math, actuarial science, or other related field
- Proven ability to pass actuarial exams
- Strong attention to detail and the ability to prioritize, manage tasks and meet deadlines in connection with business operations
- Excellent written and verbal communication skills
- Demonstrated expertise with Microsoft, particularly Excel applications
- Ability to cooperate and coordinate tasks with coworkers and clients
- Prior experience as an analyst supporting pension plan valuations and/or actuarial consulting teams preferred
- Experience with ProVal, exposure to public sector/church plans preferred
For all virtual remote positions, in order to ensure associates can effectively perform their job duties with no distractions, we require an uninterrupted virtual work space and there is also an expectation of family care being in place during business hours. Additionally, there is an internet work speed requirement of 25 Mbps or better for individual use. If more than one person is utilizing the same internet connection in the same household or building, then a stronger connection is required. If you are unsure of your internet speed, please check with your service provider. Note: For call center roles specifically, it is a requirement to either hardwire your equipment directly to the internet router or ensure your workstation is in close proximity to the router. Please ensure that you are able to meet these expectations before applying.
We are proud to be an Equal Opportunity Employer
Working at
Ascensus, LLC.
Ascensus, LLC. is a leading provider of retirement and college savings solutions, serving millions of individuals and businesses across the United States. With a strong focus on helping people save for their future, Ascensus offers a comprehensive range of services, including retirement plan administration, education savings accounts, and health savings accounts. As an actuary at Ascensus, you'll be part of a dynamic team that plays a crucial role in ensuring the financial stability and success of clients' retirement and education savings plans. Actuaries at Ascensus utilize their expertise in risk assessment, statistical modeling, and data analysis to evaluate plan performance, forecast trends, and provide strategic insights. Collaborating with a diverse group of professionals, actuaries at Ascensus help design and develop innovative retirement and education savings solutions. Actuaries analyze data, assess risks, and provide valuable recommendations to help clients make informed decisions about their savings plans. Ascensus values professional growth and provides actuaries with ongoing training and development opportunities. Actuaries can enhance their skills, stay up to date with industry trends, and contribute to the success of clients' savings goals. Join Ascensus' esteemed actuarial team and embark on a rewarding career where you can apply your actuarial expertise, make a meaningful impact on individuals' financial futures, and enjoy competitive benefits in a collaborative and supportive work environment.