DB Account Manager

ADP, Inc.; United States; Remote; USD 60,000 - 85,000; Full time

Job summary

ADP, Inc. is seeking a DB Account Manager – an Actuarial Full Time Professional remote role in the US.

The candidate will be familiar with funding and accounting for defined benefit pension plans, including IRS funding regulations, with strong math and analytical skills. Responsibilities include single employer funding valuations, benefit calculations, non-discrimination testing, and special projects such as plan amendments and PBGC filings.

Qualifications

• Three or more years of pension experience.
• Proficient in Microsoft Office, with strong Excel and Word skills.
• Strong attention to detail.
• Excellent communication and time management skills.

Responsibilities

• Perform funding valuations and prepare reports including Form 5500 & PBGC filings.
• Prepare benefit calculations and RMDs per plan provisions and IRS rules.
• Analyze data and run 410(b), 401(a)(26), and 401(a)(4) tests.
• Assist with plan amendments, cost projections, and PBGC coordination.

Skills

Pension experience

Excel

Word

Attention to detail

Communication skills

Time management

Tools

Microsoft Office

Excel

Word

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

DB Account Manager

Actuarial Full Time Professional Remote, US

Salary Range: $60,000.00 To $85,000.00 Annually

DB ACCOUNT MANAGER

Job Summary: The Account manager must be familiar with and understand the various aspects of funding and accounting for defined benefit pension plans including a general knowledge of IRS funding regulations. Excellent math and analytical skills are required.

Responsibilities:

• Single Employer Funding Valuations – Code valuation software (including new plans, plan amendments, life insurance and assumption changes). Reconcile assets and life insurance, calculate contribution requirements, prepare valuation reports and government filings including Form 5500 & PBGC submissions.
• Benefit Calculations – Prepare benefit calculations and RMDs based on the plan provisions, IRS Rules, and actuarial factors.
• Non-Discrimination Testing – Analyze data and perform 410(b) minimum coverage tests, 401(a)(26) participation tests and 401(a)(4) general tests.
• Special Projects– Prepare plan amendments, cost/funding projections, and assist with plan terminations in coordination with PBGC.

Requirements:

• Three or more years of pension experience.
• Proficient in Microsoft Office, with strong Excel and Word skills.
• Strong attention to detail.
• Excellent communication and time management skills.

Preferred Qualifications:

• Experience with Datair software.
• Experience with ftwilliam.com for plan documents, 5500s, and PBGC Filings.
• Experience working with life insurance policies held inside pension plans.