Senior DB Enrolled Actuary – Retirement Plans (Remote)

PRIME PENSIONS INC; California; Hybrid; USD 100,000 - 130,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Health Savings Account (HSA)

Life insurance

401(k) with employer contributions

Paid time off

Professional development

Job summary

Prime Pensions, Inc. is seeking an accomplished DB Enrolled Actuary to perform and review actuarial valuations, compliance testing, and plan design for defined benefit and cash balance plans.

You will support consultants and service small-plan clients with accuracy and timeliness. The ideal candidate is an experienced retirement plan professional with Enrolled Actuary designation, capable of collaborating with consultants on complex issues and maintaining up-to-date knowledge of pension

Qualifications

• Bachelor's degree in actuarial science, math or math-related field.
• Minimum 5 years experience in the pension industry.
• Enrolled Actuary designation (may consider an individual currently studying for their final exam).
• Strong verbal/written communication, analytical, & critical thinking skills.
• Proficiency reviewing/certifying/completing annual funding valuations for owner-only and small plans (<100 lives).
• Knowledge of pension testing regulations including IRC 401(a)(26), 401(a)(4), 410(b), top-heavy, and 404 deductibility testing.

Responsibilities

• Complete, review, and certify annual funding valuations for defined benefit, cash balance, and DB/DC plans.
• Perform and review required compliance testing.
• Prepare complex plan-design proposals and cost studies.
• Review plan documents and amendments for regulatory compliance.
• Prepare and review Schedule SB filings, AFTAP certifications, and Annual Funding Notices.
• Determine PBGC coverage and support annual premium filings.
• Perform plan-termination calculations and assist with wind-down strategies.
• Apply IRC Section 415 limits and other pension regulations.
• Use valuation software and Microsoft applications to complete analyses.
• Collaborate with consultants to resolve technical issues and meet client needs.
• Communicate actuarial findings clearly to consultants and stakeholders.
• Maintain current knowledge of pension laws and professional requirements.

Skills

Verbal & written communication

Analytical thinking

Critical thinking

Team collaboration

Education

Bachelor's degree in actuarial science/math

Enrolled Actuary designation

5 years pension industry experience

Tools

FT William

Microsoft applications

Job description

Prime Pensions, Inc. is seeking an accomplished DB Enrolled Actuary to perform and review actuarial valuations, compliance testing, and plan design for defined benefit and cash balance plans.

You will support consultants and service small-plan clients with accuracy and timeliness. The ideal candidate is an experienced retirement plan professional with Enrolled Actuary designation, capable of collaborating with consultants on complex issues and maintaining up-to-date knowledge of pension