Actuarial Analyst

Are you a benefits account management professional possessing a strong interest in managing pension plans, ensuring regulatory compliance, and maintaining strong client relationships? Would a role allowing you to be a strategic liaison between plan sponsors, actuaries, and participants to support defined benefit and cash balance plans for an entrepreneurially focused enterprise and its clients interest you? If so, this Defined Benefits Account Manager opportunity could be for you.

See what people are saying about working here:

• "Highly talented leadership team!”
• “Flexible and supportive environment! “
• “Collaborative and diverse workforce!”
• “Benefits are superb!”, “Great company to grow with!”

A successful and growing company that manages assets for financial institutions is seeking to hire a key Defined Benefits Account Manager to prepare valuations and administration for defined benefit and cash balance plans while supporting A talented Director of DB Administration. Additionally, the successful candidate will provide strong support to plan sponsors. This role offers excellent long-term career potential.

Title: Defined Benefits Account Manager / Actuarial Analyst - Remote

Salary: $70,000 to $120,000 Bonus eligible

Location: Rye, NY

Responsibilities:

• Responsibilities for the Defined Benefits Account Manager will include utilizing familiarity with various aspects of funding and accounting for defined benefit pension plans including a general knowledge of IRS funding regulations, while maintaining an assigned book of defined benefits and cash balance plans.
• Providing excellent client service support by preparing calculations of retirement distribution benefits and preparing filings and notices.
• Performing single employer funding valuations, including utilizing code valuation software related to new plans, plan amendments, life insurance and assumption changes).
• Reconciling assets and life insurance, calculating contribution requirements, and preparing valuation reports and government filings including Form 5500 & PBGC submissions.
• Preparing benefit calculations and RMDs based on the plan provisions, IRS Rules, and actuarial factors.
• Performing special projects, including preparing plan amendments, cost & funding projections, and assisting with plan terminations in coordination with PBGC.

Requirements:

• Bachelor’s degree. Interest in pursuing ASPPA designations ideal.
• 3 plus years of pension plan experience. Excellent math and analytical skills are required.
• Experience working with life insurance policies held inside pension plans.
• 412(e) plan experience preferred.
• Experience with Datair software ideal.
• Experience with ftwilliam.com for plan documents, 5500s, and PBGC Filings desired.
• Proficient in Microsoft Office, with strong Excel and Word skills.