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Senior Actuary at Ascensus

Remote: 
Full Remote
Contract: 
Experience: 
Senior (5-10 years)
Work from: 
Maryland (USA), United States

Offer summary

Qualifications:

Bachelor's degree in actuarial science or math-related field, Minimum five years' experience in pension industry, Enrolled Actuary designation; Fellowship of Society of Actuaries a plus, Experience with traditional defined benefit plans, Excellent analytical and communication skills.

Key responsabilities:

  • Valuation, administration, and compliance of Defined Benefit plans
  • Provide superior client service and creative solutions
  • Guide and mentor actuarial analysts and review their work
  • Review funding valuations and benefit calculations
  • Maintain updated knowledge of ERISA legislation and coordinate transitions for new clients
Ascensus logo
Ascensus Financial Services XLarge https://www.ascensus.com/
5001 - 10000 Employees
See more Ascensus offers

Job description

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.
  • Our I-Client service philosophy and our 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.
  • 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

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.

Required profile

Experience

Level of experience: Senior (5-10 years)
Industry :
Financial Services
Spoken language(s):
Check out the description to know which languages are mandatory.

Other Skills

  • Team Leadership
  • Mathematics
  • Analytical Skills
  • Problem Solving
  • Detail Oriented
  • Verbal Communication Skills

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