Actuarial Analyst

Ascensus is the leading independent technology and service platform powering savings plans across America providing products and expertise that help nearly 16 million people save for a better today and tomorrow.

Section 1 : Position Summary

Assist in the actuarial valuation administration and compliance of Defined Benefit and Cash Balance plans. Train in all facets of pension administration including distribution calculations government forms plan termination filings compliance testing AFTAPs Annual Funding Notice assist credentialed actuary in preparation of all client deliverables.

Section 2 : Job Functions Essential Duties and Responsibilities

Initial 6 to 12 months :

Learn pension law and its applicability to the services FuturePlan provides

Learn administration system(s) and enter plan information in them

Prepare plan information in designated formats

Learn government 5500 filing procedures

Read and develop a working knowledge of pension plan documents

After 12 Months :

Prepare participant benefit calculations for review by enrolled actuary

Complete funding valuations for enrolled actuary to review and certify

Assist in testing combined plans for compliance and regulations

Prepare Pension Benefit Guaranty Corporation premium filings for review and certification by enrolled actuary

Learn IRS and PBGC Plan Termination procedures

Set up proposals and do preliminary run for review by enrolled actuary

Read and become familiar with regulations under ERISA law through self-study and company-sponsored training sessions.

Keep files organized and up-to-date

Update Workflow timely

Provide back up to other teams as necessary

Assist with other tasks and special projects as assigned

Responsible for protecting securing and proper handling of all confidential data held by Ascensus to ensure against unauthorized access improper transmission and / or unapproved disclosure of information that could result in harm to Ascensus or our clients.

Our I-Client service philosophy and our Core Values of People Matter Quality First and Integrity Always should be visible in your actions on a day to day basis showing your support of our organizational culture.

Assist with other tasks and projects as assigned

Supervision

N / A

Section 3 : Experience Skills Knowledge Requirements

0 - 5 years of industry experience

Bachelors degree in math or math related field

Demonstrated analytical and mathematical skills

Excellent verbal and written communication skills including the ability to communicate technical ideas

Strong computer skills in Microsoft Office

Detail-oriented

Self-starter who will take responsibility for completing tasks in a timely fashion

Manage and prioritize multiple tasks

Team player

Commitment to ongoing pension education

We are proud to be an Equal Opportunity Employer

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Required Experience :

IC

Key Skills

SQL,Python,Compliance,Access,Actuarial Models,Acturial support,Data Collection,Powerpiont,SAP,Tableau,Excel,Mathematics,VBA,Data Analysis,Statistical Analysis

Employment Type : Full-Time

Experience : years

Vacancy : 1