Actuary
About The Position
We’re seeking an experienced Enrolled Actuary to join our team and support the annual administration of Single Employer Small Plan Pension (Defined Benefit) plans. This is a fully remote position. The Actuary reviews and performs funding valuations for single employer defined benefit and cash balance plans, reviews and approves actuarial assumptions, methods, and results, and signs actuarial certifications and reports. The role also reviews and signs regulatory filings, maintains compliance with IRS funding regulations and applicable pension laws, and provides technical oversight of staff deliverables. The position oversees participant benefit calculations and required minimum distributions, reviews nondiscrimination testing, supports new plan proposals and plan design, and reviews plan amendments, cost and funding projections, and plan termination work, including PBGC plan terminations.
Requirements
- Enrolled Actuary (EA) designation.
- College degree required.
- Five or more years of pension experience.
- Proficiency in Microsoft Office, with strong Excel and Word skills.
- Strong attention to detail.
- Excellent communication and time management skills.
Nice To Haves
- Experience with Datair software.
- Experience with ftwilliam.com, 5500s, and PBGC filings.
- Experience working with life insurance policies held inside pension plans.
- 412(e) plan experience.
Responsibilities
- Review and perform funding valuations for single employer defined benefit and cash balance plans.
- Review and approve actuarial assumptions, methods, and results; sign actuarial certifications and reports.
- Review and sign Form 5500 Schedule SBs, comprehensive PBGC premium filings, actuarial valuation reports, and AFTAPs.
- Maintain compliance with IRS funding regulations and applicable pension laws.
- Review valuation outputs, benefit calculations, and compliance testing prepared by staff; provide guidance and maintain accuracy and consistency across deliverables.
- Oversee and review participant benefit calculations and required minimum distributions in accordance with plan provisions and IRS requirements.
- Review and validate 410(b), 401(a)(26), and 401(a)(4) testing results and methodologies.
- Assist with new plan proposals, review plan documents, and advise on plan design, funding strategies, and compliance considerations.
- Review and approve plan amendments, cost and funding projections, and plan termination work, including PBGC plan terminations.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
