Sr Pension Consulting ActuaryMultiemployer

Kalos Consulting, Inc.; Chicago (IL); Hybrid; USD 150,000 - 210,000; Full time

Benefits offered by this job

Innovative compensation model

Health, Dental, Vision Coverage

401(k) with company match

Paid Time Off (PTO)

Employee engagement program

Actuarial Exams Program

Employee engagement program

Actuarial Exams Program

Job summary

A leading consulting firm is seeking a Pension Consulting Actuary to join their Employee Benefits Practice in Chicago. The role involves supervising client projects, managing staff, and providing expert communication to clients. Candidates should have at least 10 years of experience in pension actuarial services and hold an EA designation. This hybrid position offers unique benefits, including innovative compensation models and support for actuarial exams.

Qualifications

• 10+ years of multiemployer pension actuarial experience at the consultant level.
• Working knowledge of cash balance pension plans and multiemployer or public pension.
• Hands-on programming, technical, and modeling abilities required.
• Familiarity with ProVal.
• Strong communication skills, including client consulting, presentations, and publications.
• Hands-on programming / technical / modeling abilities.

Responsibilities

• Supervise and review client projects including funding valuations and government filings.
• Manage project staff, budgets, and deadlines.
• Provide superior communication to clients regarding project implications.
• Inspire a collaborative team environment while encouraging growth in all members of the team through knowledge and idea sharing.

Skills

Expertise in pension actuarial services

Strong communication skills

Client consulting experience

Programming and modeling abilities

Education

EA designation

ASA, FSA, or FCA preferred

Tools

ProVal

Job description

Company Highlights

• Our client has become the premier independent provider of actuarial and risk management services to the insurance industry and self-insured organizations worldwide. Their groundbreaking work in employee benefits and financial risk management has led to significant innovations in retirement planning.
• For over 70 years, the firm has continually expanded their capabilities and now include enterprise risk management, retirement plan administration, predictive analytics, healthcare efficiency, and a range of other consulting and technology solutions.
• They have built a solid foundation on inclusive innovation by working together with the best from all over the world and realizing the variety and uniqueness in everyone truly makes them a stronger organization.
• This company has been celebrated with accolades year after year including the U.S. Captive Review Awards – these awards recognize captive insurance products and services providers offering high level of excellence.

Benefits and Features

• Most innovative compensation model in the industry
• Health, Dental, Vision Coverage
• Flexible Spending Accounts for dependent care, transportation, and additional medical expenses
• 401(k) with company match and Profit Sharing
• Paid Time Off (PTO)
• Additional voluntary benefit opportunities
• Employee engagement program
• Actuarial Exams Program

The Role you will Play

• As part of the Employee Benefits Practice, the Pension Consulting Actuary - EB will supervise and review client projects including funding valuations, government filings, benefit calculations, nondiscrimination testing, etc.
• This role will manage project staff, budgets, and deadlines as well as lead, direct, and supervise actuarial analysts.
• The Consulting Actuary - EB will provide superior communication to all clients regarding project implications and potential solutions.
• This role is entrusted with inspiring a collaborative team environment while encouraging growth in all members of the team through knowledge and idea sharing.

Community Highlights

• The is a hybrid role based in the Chicago office.
• As a large city with surrounding suburbs, Chicago offers a multitude of housing options to suit every lifestyle and a variety of transportation resources for traveling and sightseeing.
• Chicago is rich in culture, arts and entertainment.

Background Profile

• EA required; ASA, FSA, or FCA a plus
• 10+ years of multiemployer pension actuarial experience at the consultant level
• Working knowledge of cash balance pension plans, multiemployer or public pension, and OPEB plans
• Familiarity with ProVal
• Strong communication skills, including client consulting, presentations, and publications
• Hands-on programming / technical / modeling abilities