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Manager, Actuarial & Technical Services

Salary
$140K–$170K
Hiring from
United States
Work type
Remote
Posted

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Salary Range: $140,000.00 To $170,000.00 Annually

Reports to: VP – Chief Actuary

Classification: Exempt

Job Summary: Support the annual administration of Defined Benefit and Retiree Medical plans. This is a fully remote position.

Responsibilities:

  • Funding and FASB Valuations – Code valuation software (including new plans, plan amendments, life insurance and assumption changes). Reconcile assets and life insurance, calculate contribution requirements, prepare valuation reports and government filings including Form 5500 & PBGC submissions.
  • Benefit Calculations – Prepare/review benefit calculations for qualified and non-qualified plans and including RMDs and QDROs based on the plan provisions, IRS Rules, and actuarial factors.
  • Non-Discrimination Testing – Analyze data and perform 410(b) minimum coverage tests, 401(a)(26) participation tests and 401(a)(4) general tests.
  • Special Projects – Prepare plan amendments, cost/funding projections, and assist with plan terminations in coordination with PBGC.

Requirements:

  • College degree required. Actuarial Science, Mathematics or Statistics preferred.
  • Enrolled Actuary designation required; FSA or ASA designation a plus.
  • Ten or more years of practical actuarial and pension experience.
  • Proficient in Proval valuation software.
  • Cash balance plan experience a plus.
  • Knowledge of post-retirement medical plans.
  • Prior supervisory or management experience a plus.
  • Proficient in Microsoft Office, especially a working knowledge of Excel (Visual Basic and Macros a plus).
  • Solid communication skills, both oral and written.
  • Strong interpersonal skills for training, mentoring, delegating, providing feedback.
  • Superior time management skills; adapt to rapidly changing priorities.

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