Enrolled Actuary

Ascensus • Dresher, PA

77d

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 the best of both worlds: high-touch personalized service from local TPAs backed by the strength and security of a large national firm, Ascensus. Our roots go back decades, with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service, innovation and expertise to a fast-growing client base from coast to coast. The FuturePlan team includes more than 500 credentialed plan professionals, 60 actuaries, and one of the industry's largest in-house ERISA teams. The position involves a high-level review to ensure quality of client deliverables including research of pension law and regulations. The role is responsible for ensuring service standards remain in alignment with the expectations, guidance and direction provided by the FuturePlan Lead Actuary and organizational standards. The candidate will serve as an expert in the valuation, administration and compliance of Defined Benefit, Cash Balance plans and DB/DC Combo 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, plan documents, and IRS favorable determination letters.
• 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, and employee communications.
• Oversee work performed by other teams as necessary, including benefit calculations, Form 5500s and PBGC premium forms.
• Handle IRS determination filings and PBGC (Form 500 series) termination submissions.
• 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 backup to other teams as necessary.
• Protect, secure, and properly handle all confidential data held by Ascensus.

What This Job Offers

• Industry: Funds, Trusts, and Other Financial Vehicles
• Education Level: Bachelor's degree