Pension Actuarial Analyst | Client-Focused Valuations

USI Insurance Services; Connecticut; On-site; USD 60,000 - 80,000; Full time

Job summary

USI Insurance Services seeks a Defined Benefits Actuarial Analyst to support pension projects for multiple clients. The role involves drafting valuations, funding notices, IRS forms, and ASC 715 statements, while coordinating with actuaries and clients to ensure timely delivery.

The candidate should have a math/actuarial degree and 1-3 years of pension experience. Proficiency in MS Word and Excel is required, with strong analytical and communication skills.

Qualifications

• Bachelor degree in mathematics, actuarial science, computer science or finance.
• 1-3 years of post-education pension actuarial experience.
• MS Office (Word, Excel) proficiency.
• Strong analytical and communication skills.
• Ability to multi-task and juggle priorities.
• Flexibility to work overtime to meet client demands.
• Team oriented.

Responsibilities

• Attend training sessions over 12-18 months to gain competency.
• Draft actuarial valuations and maintain plan record keeping for clients.
• Draft participant annual funding notices and AFTAP certification.
• Complete IRS Form 5500 and schedules for clients.
• Complete PBGC Comprehensive Premium Form as required.
• Draft ASC 715 Pension Expense Calculation and Disclosure.
• Formulate and process benefit calculations and projections.
• Facilitate client-actuary communications and draft correspondence.
• Familiarity with mortality and interest theory concepts.
• Complete special projects as requested.
• Utilize multiple software applications to complete assignments.
• Foster a friendly, collaborative department culture.

Skills

Analytical skills

Communication skills

Multi-tasking

Overtime flexibility

Team oriented

Education

Bachelor's degree in Mathematics/Actuarial Science/CS/Finance

Tools

MS Word

MS Excel

Job description

USI Insurance Services seeks a Defined Benefits Actuarial Analyst to support pension projects for multiple clients. The role involves drafting valuations, funding notices, IRS forms, and ASC 715 statements, while coordinating with actuaries and clients to ensure timely delivery.

The candidate should have a math/actuarial degree and 1-3 years of pension experience. Proficiency in MS Word and Excel is required, with strong analytical and communication skills.