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Ascensus, LLC.

Ascensus, LLC.

Enrolled Actuary

Enrolled Actuary

Job Details
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Uploaded On
November 16, 2024
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Location
Chicago, 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.

Section 1: Position Summary

Review client work to ensure high quality of client deliverables including research of pension

law and regulations

Section 2: Job Functions, Essential Duties and Responsibilities

  • Answer technical questions posed by staff
  • Research the Internal Revenue Code and other technical resources to resolve client issues
  • Provide technical training for staff

Review client projects and ensure accurate client deliverables including:
  • Actuarial valuations and reports
  • Benefit statements
  • Plan documents, amendments, employee communications (SPDs, etc.)
  • Work performed by other teams as necessary (e.g., Benefit calculations, Form 5500s and
  • PBGC premium forms)
  • IRS (Form 5310) and PBGC (Form 500 series) termination submissions
  • ASC 715/960
  • Provide back up to other teams as necessary
  • Other duties as assigned

Proficient in:
  • Actuarial valuations and reports
  • ASC 715/960
  • Contribution projections
  • Plan studies
  • Interpreting plan documents
  • Government forms and benefit calculations
  • Training technical staff


Supervision

  • N/A


Section 3: Experience, Skills, Knowledge Requirements
  • Must be able to sit for long periods (at least 8 hours per day).
  • Must be able to work on a computer at least 8 hours per day (includes looking at a monitor, and typing using a keyboard and mouse).

Education and Training Requirements:
  • Enrolled Actuary
  • SOA exams leading to designations
  • B.A./B.S. degree preferred

Advanced understanding of:
  • Pension law
  • Plan documents and IRS favorable determination letters
  • Actuarial valuations and software systems

Skills and Requirements:
  • Excellent technical/analytical skills
  • Ability to research technical issues
  • Ability to explain/teach technical issues to all levels of employees
  • Good verbal and written communication skills
  • Good computer skills
  • Detail and accuracy oriented
  • Good time management skills
  • Team Player

We are proud to be an Equal Opportunity Employer

Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.
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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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