Managing Actuarial Consultant

CBIZ, Inc.•Philadelphia, PA

44d•Hybrid

About The Position

Manage projects related to the performance of annual actuarial work for DB and DB/DC combo plans, which includes: Census data gathering, reconciliation, quality control, and importation onto valuation software Examination and verification of retirement trust financial statements, compute actuarial value of assets for valuation Running actuarial valuations and summarizing results for review Filing IRS Forms and PBGC filings Preparing valuation funding reports Preparing actuarial studies and benefit statements Coverage and non-discrimination testing Lead client meetings to identify client's needs, clarify expectations, help set retirement strategic directions and goals, and deliver results and consulting advice Track and meet all compliance standards Assist with special actuarial projects Review client invoices for completeness and accuracy Understand and assist in the interpretation of plan documents Provide technical knowledge of pension plans and calculation procedures to Benefits Administration Team for various clients Apply understanding of fundamental principles of pension plans, actuarial concepts, pension legislation, and accounting requirements for pension plans Pursue actuarial or ASPPA examinations Review peer technical work flow Additional responsibilities as assigned

Requirements

High School Diploma or GED
Eight or more years of actuarial or outsourcing pension experience
Possesses highly advanced and broad understanding of actuarial principles, practices, and procedures
Expert knowledge of pertinent laws, regulations, and actuarial standards
Expert use of applicable technology
Proficient use of MS Office Suite (Outlook, Word, Excel, PowerPoint) and enterprise communication and travel solutions (Concur, Skype)
Experience performing work that requires initiative and leadership skills
Experience in coaching and teaching others
Enrolled Actuary (EA)
Effectively represents position on issues to gain support and buy-in from others; works to achieve win-win outcomes that others can accept
Demonstrate a commitment to professional development by proactively seeking opportunities to develop new capabilities, skills and knowledge
Develop innovative approaches to address problems and drive continuous improvement in programs and processes
Accept full responsibility for self and contribution as a team member
Display a strong commitment to organizational success and inspires others to commit to goals
Ability to provide technical leadership to staff
Ability to lead cross-functional teams
Ability to travel as necessary

Nice To Haves

Bachelor's degree

Responsibilities

Manage projects related to the performance of annual actuarial work for DB and DB/DC combo plans
Census data gathering, reconciliation, quality control, and importation onto valuation software
Examination and verification of retirement trust financial statements, compute actuarial value of assets for valuation
Running actuarial valuations and summarizing results for review
Filing IRS Forms and PBGC filings
Preparing valuation funding reports
Preparing actuarial studies and benefit statements
Coverage and non-discrimination testing
Lead client meetings to identify client's needs, clarify expectations, help set retirement strategic directions and goals, and deliver results and consulting advice
Track and meet all compliance standards
Assist with special actuarial projects
Review client invoices for completeness and accuracy
Understand and assist in the interpretation of plan documents
Provide technical knowledge of pension plans and calculation procedures to Benefits Administration Team for various clients
Apply understanding of fundamental principles of pension plans, actuarial concepts, pension legislation, and accounting requirements for pension plans
Pursue actuarial or ASPPA examinations
Review peer technical work flow
Additional responsibilities as assigned