Actuarial Analyst - Nyhart - Defined Benefit

Ascensus

About The Position

Nyhart’s Defined Benefit team offers pension actuarial consulting services for private, government, church, and cash balance plans. Our actuaries use their technical, financial and administrative expertise to provide guidance in the design and maintenance of retirement plans. Responsibilities Reconcile census and financial data utilized in preparing accounting and funding valuation reports Draft routine deliverables, including contribution requirements, accounting costs, government forms and other standardized reports Update assumptions and provisions in third-party software for use in annual valuations Prepare and/or review routine benefit calculations Develop and maintain expertise on design and plan administration of assigned clients Interface with client to handle routine valuation and administration-related tasks Work towards attaining actuarial credentials 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. The I-Client philosophy and the 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. Skills & Qualifications Bachelors degree in actuarial science, math or math related field; Overall GPA 3.0 or higher; Math or Actuarial GPA 3.5 or higher Passing grade on at least one actuarial exam Prior experience as an analyst supporting pension plan valuations and/or actuarial consulting teams preferred Demonstrated expertise with Microsoft, particularly Excel applications Experience with ProVal, exposure to public sector/church plans preferred Excellent analytical and communication skills Strong attention to detail and the ability to prioritize, manage tasks and meet deadlines in connection with business operations 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. Ascensus helps millions of people save for a better future. What makes any career at Ascensus so rewarding? Collaborative, idea-sharing environment Professional Development with in-house training and tuition reimbursement Generous reward programs Paid time off Medical, dental & vision benefits Health Savings Account with employer contribution up to $1,100 401(k) & 529 college savings match programs Volunteer and charitable-giving programs Business casual dress

Requirements

Bachelors degree in actuarial science, math or math related field
Overall GPA 3.0 or higher
Math or Actuarial GPA 3.5 or higher
Passing grade on at least one actuarial exam
Excellent analytical and communication skills
Strong attention to detail and the ability to prioritize, manage tasks and meet deadlines in connection with business operations

Nice To Haves

Prior experience as an analyst supporting pension plan valuations and/or actuarial consulting teams preferred
Demonstrated expertise with Microsoft, particularly Excel applications
Experience with ProVal, exposure to public sector/church plans preferred

Responsibilities

Reconcile census and financial data utilized in preparing accounting and funding valuation reports
Draft routine deliverables, including contribution requirements, accounting costs, government forms and other standardized reports
Update assumptions and provisions in third-party software for use in annual valuations
Prepare and/or review routine benefit calculations
Develop and maintain expertise on design and plan administration of assigned clients
Interface with client to handle routine valuation and administration-related tasks
Work towards attaining actuarial credentials
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.