Enrolled Actuary, TPA Solutions

Ascensus

1d

About The Position

FuturePlan is the nation's largest third-party administrator (TPA) of retirement plans, partnering with advisors in all 50 states. FuturePlan delivers high-touch personalized service from local TPAs backed by the strength and security of a large national firm, Ascensus. The FuturePlan team includes more than 500 credentialed plan professionals, 60 actuaries, and one of the industry’s largest in-house ERISA teams. This position involves a high-level review to ensure the quality of client deliverables, including research of pension law and regulations. The role is responsible for ensuring service standards align with the expectations, guidance, and direction provided by the FuturePlan Lead Actuary and organizational standards. The Enrolled Actuary will serve as an expert in the valuation, administration, and compliance of Defined Benefit and Cash Balance plans.

Requirements

• Bachelor’s degree in actuarial science, math or math related field.
• Enrolled Actuary designation with 5 years industry experience.
• Advanced understanding of pension law.
• Advanced understanding of plan documents and IRS favorable determination letters.
• Advanced understanding of actuarial valuations and software systems.
• Excellent technical/analytical skills.
• Ability to research technical issues.
• Ability to explain technical issues to all levels of associates.
• Good verbal and written communication skills.
• Demonstrated expertise with Microsoft Office, particularly Excel applications.
• Demonstrated expertise with industry recognized pension valuation software.
• Detail and accuracy oriented.
• Good time management skills.
• Team Player.

Responsibilities

• Review, prepare and/or certify client projects and ensure accurate client deliverables including: Actuarial valuations and reports, Benefit statements, Plan documents, amendments, employee communications (SPDs, etc.), Work performed by other teams as necessary (e.g., Benefit calculations, Form 5500s and PBGC premium forms), IRS determination filings and PBGC (Form 500 series) termination submissions, and ASC 715/960.
• Perform and review combined plan non-discrimination testing.
• Answer technical questions posed by staff.
• Research the Internal Revenue Code and other technical resources to resolve client issues.
• Provide technical training for staff.
• Provide back up to other teams as necessary.
• Protect, secure, and properly handle all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information.
• Demonstrate support of the organizational culture through actions aligned with the I-Client service philosophy and Core Values of People Matter, Quality First and Integrity Always®.
• Assist with other tasks and projects as assigned.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 1,001-5,000 employees