Manager, Actuarial & Technical Services

About this role

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.

Originally posted on Himalayas