Job Description
Serve as an expert in the valuation, administration and compliance of Defined Benefit plans. Additionally, serves as a resource to plan sponsors and trustees for matters related to ERISA or local governmental compliance, plan design, and reporting.
Job Functions, Essential Duties and Responsibilities
• 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.
• Provide superior client service, including presenting at client meetings, coordinating special projects, and solving problems with creative solutions
• Provides effective and timely verbal and written communications in a concise and informative manner
• Guide and mentor actuarial analysts
• Review and certify funding and accounting valuations
• Review benefit calculations and projected benefit estimates
• Supervise and review client projects such as plan design analyses, experience studies, asset-liability modeling, plan termination and de-risking consulting, QDROs, et cetera
• Maintains up-to date knowledge of present legislation and proposed legislative changes regarding ERISA and local governmental plan law through self-study and company-sponsored training sessions and uses this knowledge to update clients with respect to implications and/or opportunities that legal or regulatory changes will have on their retirement plans
• Coordinate with all applicable parties, both internal and external, to ensure smooth transition process for new clients
• Assist with other tasks and projects as assigned
Experience, Skills, Knowledge Requirements
• Bachelor’s degree in actuarial science, math, or math-related field
• Minimum five years’ experience in the pension industry
• Enrolled Actuary designation; Fellow of the Society of Actuaries a plus
• Experience with traditional defined benefit plans in a consulting environment; experience with governmental or church plans a plus
• Excellent analytical and communication skills
• Demonstrated expertise with ProVal a plus
• Demonstrated technical proficiency and interest in learning
• Strong attention to detail and the ability to prioritize, manage tasks and meet deadlines in connection with business operations, including related plan compliance matters
• Ability to effectively plan and assign work
• Excellent client relationship skills
We are proud to be an Equal Opportunity Employer
Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.
Location: Baltimore, MD
Posted: Aug. 13, 2024, 12:46 a.m.
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