Job description

Join Our Growing Team as an Enrolled Actuary!

Are you looking to be part of a fast-growing national TPA where actuarial expertise is highly valued? Join us at Nova 401(k) Associates, where our nationally recognized sales team drives our growth and provides advancement opportunities and job stability for our professionals. Our DB team currently includes six enrolled actuaries, and we're excited to add another member!

Position: Enrolled Actuary

Location: Work from home anywhere in the US

Compensation and Benefits:

Competitive salary: $120,000 - $150,000
Medical, dental, disability, and life insurance
Paid time off
401(k) plan with employer match
All necessary computer equipment provided

Professional Development:

Nova will pay for one national conference per year and associated dues for one actuarial membership, in addition to Enrollment dues
Attendance at virtual education meetings sponsored by organizations such as ASPPA

Working at Nova:

Most work is produced by a defined benefit specialist for the actuary to review
A consultant is the client’s primary point of contact, with the actuary available for escalation issues
Focus on micro- and small plans (no GASB or multi-employer plans)
Primary software systems: Penguin for DB/DC testing and valuation, Pension Pro for Workflow management, ASC for DC only administration and Forms 5500, and Relius plan documents
Weekly team meetings on MS Teams

Expected Duties:

Review and sign actuarial reports and Schedule SBs
Review and sign PBGC premium and plan termination forms
Review benefit certifications
Review IRS Non-discrimination testing reports
Review and prepare plan designs and consultations with the Nova sales team
Review plan documents and amendments
Review benefit statements
Review plan takeovers and prepare actuarial replications
Act as a technical resource and mentor to consultants and DB specialists

Qualifications:

Bachelor’s degree
Enrolled Actuary in good standing with the Joint Board and any actuarial organizations
Minimum 10 years of experience in the qualified plan arena (small plan experience preferred)
Experienced with defined benefit/defined contribution combo plan designs and associated nondiscrimination testing
Superior command of IRC 401(a)(4), 415, 404, 416, 401(a)(9) regulations
Well-versed in regulations, IRS notices, and memos concerning qualified plans
Ability to review plan takeovers, identify missing documents, data, and issues
Ability to troubleshoot replications that do not match the Nova software and communicate with the previous actuary to resolve differences
Ability to manage a dashboard of assigned work and meet internal deadlines
Team player with a positive attitude
Excellent Microsoft Office skills, particularly Excel
Committed to lifelong learning and coachable
Flexibility and adaptability