Senior Actuary - Ascensus, Inc : Job Details

Job Description

Serve as an expert in the valuation, administration and compliance of Defined Benefit plans. Additionally, serves as a resource to plan sponsors and trustees for matters related to ERISA or local governmental compliance, plan design, and reporting.

Job Functions, Essential Duties and Responsibilities

• 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.
• Provide superior client service, including presenting at client meetings, coordinating special projects, and solving problems with creative solutions.
• Provides effective and timely verbal and written communications in a concise and informative manner.
• Guide and mentor actuarial analysts.
• Review and certify funding and accounting valuations.
• Review benefit calculations and projected benefit estimates.
• Supervise and review client projects such as plan design analyses, experience studies, asset-liability modeling, plan termination and de-risking consulting, QDROs, et cetera.
• Maintains up-to date knowledge of present legislation and proposed legislative changes regarding ERISA and local governmental plan law through self-study and company-sponsored training sessions and uses this knowledge to update clients with respect to implications and/or opportunities that legal or regulatory changes will have on their retirement plans.
• Coordinate with all applicable parties, both internal and external, to ensure smooth transition process for new clients.
• Assist with other tasks and projects as assigned.

Experience, Skills, Knowledge Requirements

• Bachelor's degree in actuarial science, math, or math-related field.
• Minimum five years' experience in the pension industry.
• Enrolled Actuary designation; Fellow of the Society of Actuaries a plus.
• Experience with traditional defined benefit plans in a consulting environment; experience with governmental or church plans a plus.
• Excellent analytical and communication skills.
• Demonstrated expertise with ProVal a plus.
• Demonstrated technical proficiency and interest in learning.
• Strong attention to detail and the ability to prioritize, manage tasks and meet deadlines in connection with business operations, including related plan compliance matters.
• Ability to effectively plan and assign work.
• Excellent client relationship skills.

We are proud to be an Equal Opportunity Employer.