Manager, Actuarial & Technical Services

Acturhire; United States; Remote; USD 130,000 - 210,000; Full time

Job summary

Acturhire is seeking a senior pension actuary for a fully remote role. You will support the annual administration of Defined Benefit and Retiree Medical plans and report to the VP – Chief Actuary.

The position requires a college degree in actuarial science, Enrolled Actuary designation, 10+ years of actuarial experience, and proficiency with Proval and Excel.

Qualifications

• College degree required; actuarial science, mathematics, or statistics preferred.
• Enrolled Actuary designation required; FSA/ASA a plus.
• 10+ years of actuarial and pension experience.
• Proficient in Proval valuation software.
• Knowledge of post-retirement medical plans is a plus.

Responsibilities

• Support annual administration of Defined Benefit and Retiree Medical plans.
• Code valuation software for new plans, amendments, and changes; reconcile assets and life insurance.
• Prepare valuation reports and government filings including Form 5500 & PBGC.
• Prepare and review benefit calculations for qualified and non-qualified plans and RMDs.

Skills

Strong communication skills

Time management

Interpersonal skills

Training and mentoring

Project supervision

Education

College degree in Actuarial Science, Mathematics or Statistics

Enrolled Actuary designation

FSA or ASA designation (a plus)

Tools

Proval valuation software

Microsoft Office (Excel, VBA/macros)

Job description

Reports to

Reports to: VP – Chief Actuary

Classification: Exempt

Job Summary

Support the annual administration of Defined Benefit and Retiree Medical plans. This is a fully remote position.

Responsibilities

• Funding and FASB 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/review benefit calculations for qualified and non-qualified plans and including RMDs and QDROs 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

• College degree required. Actuarial Science, Mathematics or Statistics preferred.
• Enrolled Actuary designation required; FSA or ASA designation a plus.
• Ten or more years of practical actuarial and pension experience.
• Proficient in Proval valuation software.
• Cash balance plan experience a plus.
• Knowledge of post-retirement medical plans.
• Prior supervisory or management experience a plus.
• Proficient in Microsoft Office, especially a working knowledge of Excel (Visual Basic and Macros a plus).
• Solid communication skills, both oral and written.
• Strong interpersonal skills for training, mentoring, delegating, providing feedback.
• Superior time management skills; adapt to rapidly changing priorities.