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Ascensus, LLC.

Ascensus, LLC.

Actuarial Consultant

Actuarial Consultant

Job Details
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Uploaded On
September 5, 2023
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Location
Boston, United States
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Remote?
No
Company Overview
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Headquarters
Dresher, PA
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Number of Employees
4000
Estimated Number of Actuaries
170
Salary
$
k-$
k
Glassdoor Ratings
""
Recommend to a Friend
71%
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Overall Score
3.8 / 5

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[ FuturePlan is the nation's largest third-party administrator (TPA) of retirement plans, partnering with advisors in all 50 states. FuturePlan delivers the best of both worlds: high-touch personalized service from local TPAs backed by the strength and security of a large national firm, Ascensus. Our roots go back decades, with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service, innovation and expertise to a fast-growing client base from coast to coast. The FuturePlan team includes more than 500 credentialed plan professionals, 60 actuaries, and one of the industry's largest in-house ERISA teams. Learn more at FuturePlan.com.

Nyhart's Defined Benefit team offers pension actuarial consulting services for private, government, church, and cash balance plans. Our actuaries use their technical, financial and administrative expertise to provide guidance in the design and maintenance of retirement plans.

Responsibilities
  • Reconcile census and financial data utilized in preparing accounting and funding valuation reports
  • Draft routine deliverables, including contribution requirements, accounting costs, government forms and other standardized reports
  • Update assumptions and provisions in third-party software for use in annual valuations
  • Prepare and/or review routine benefit calculations
  • Develop and maintain expertise on design and plan administration of assigned clients
  • Interface with client to handle routine valuation and administration-related tasks
  • Work towards attaining actuarial credentials
  • Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.
  • The I-Client philosophy and the Core Values of People Matter, Quality First and Integrity Always® should be visible in your actions on a day to day basis showing your support of our organizational culture.

Skills & Qualifications
  • Bachelors degree in actuarial science, math or math related field; Overall GPA 3.0 or higher; Math or Actuarial GPA 3.5 or higher
  • Passing grade on at least one actuarial exam
  • Prior experience as an analyst supporting pension plan valuations and/or actuarial consulting teams preferred
  • Demonstrated expertise with Microsoft, particularly Excel applications
  • Experience with ProVal, exposure to public sector/church plans preferred
  • Excellent analytical and communication skills
  • Strong attention to detail and the ability to prioritize, manage tasks and meet deadlines in connection with business operations
]
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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.

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