Century Business Services

Actuarial Managing Consultant | Combo Plans

Century Business Services • $90K — $120K *
North Canton, OH 44720In-Person
Finance & Insurance
5 - 7 years of experience
More than 3 months ago
Job Overview by Ladders

Qualifications

  • High School Diploma or GED required
  • Minimum 6 years of actuarial or outsourcing pension experience
  • Comprehensive knowledge of industry laws and regulations
  • Proficient in MS Office Suite and communication technologies
  • Experience demonstrating initiative and leadership
  • Working towards Enrolled Actuary (EA) designation
  • Strong problem-solving and business analysis skills

Responsibilities

  • Manage annual actuarial projects for DB and DB/DC plans
  • Lead client meetings to clarify expectations and set strategic goals
  • Ensure compliance with all relevant standards
  • Assist with special actuarial projects as needed
  • Review client invoices for accuracy and completeness
  • Provide technical insights to Benefits Administration Team
  • Conduct actuarial valuations and prepare necessary reports

Benefits

  • Hybrid work environment allowing for flexibility
  • Opportunity for professional growth and pursuing actuarial examinations
  • Collaborative work culture emphasizing diverse perspectives
  • Engagement in special projects enhancing career skills
Full Job Description
Job Description

#LI-OD1 #LI-Hybrid

Responsibilities

Essential Functions and Primary Duties
  • Manage projects related to the performance of annual actuarial work for DB and DB/DC combo plans, which includes:
    • Census data gathering, reconciliation, quality control, and importation onto valuation software
    • Examination and verification of retirement trust financial statements, compute actuarial value of assets for valuation
    • Running actuarial valuations and summarizing results for review
    • Filing IRS Forms and PBGC filings
    • Preparing valuation funding reports
    • Preparing actuarial studies and benefit statements
    • Coverage and non-discrimination testing
  • Lead client meetings to identify client's needs, clarify expectations, help set retirement strategic directions and goals, and deliver results and consulting advice
  • Track and meet all compliance standards
  • Assist with special actuarial projects
  • Review client invoices for completeness and accuracy
  • Understand and assist in the interpretation of plan documents
  • Provide technical knowledge of pension plans and calculation procedures to Benefits Administration Team for various clients
  • Apply understanding of fundamental principles of pension plans, actuarial concepts, pension legislation, and accounting requirements for pension plans
  • Pursue actuarial or ASPPA examinations
  • Review peer technical work flow
  • Additional responsibilities as assigned


Qualifications

Minimum Qualifications
  • High School Diploma or GED
  • At least six years of actuarial or outsourcing pension experience
  • Possesses comprehensive knowledge of industry and professional concepts, principles, practices, and procedures
  • Expert knowledge of pertinent laws, regulations, and professional standards
  • Proficient use of applicable technology
  • Proficient use of MS Office Suite (Outlook, Word, Excel, PowerPoint) and enterprise communication and travel solutions (Concur, Skype)
  • Experience performing work that requires initiative and leadership skills
  • Working towards Enrolled Actuary (EA)
  • Ability to contract with and influence leaders in the organization, good at networking, collaboration and sharing of ideas and successes
  • Strong problem solver with good business analysis skills (e.g. build business cases, develop and implement plans for business cases, ask probative questions to identify requirements)
  • Ability to handle and prioritize multiple simultaneous assignments, manage to critical deadlines, with extraordinary attention to detail
  • Demonstrate an open-minded approach to understanding people regardless of differences; effectively works with people from diverse backgrounds
  • Address conflicts by focusing on the issues at hand to develop effective solutions when disputes or disagreements occur
  • Accept full responsibility for self and contribution as a team member
  • Ability to travel as necessary


About Century Business Services

Century Business Services is a holding company that provides a range of business services to small and medium-sized businesses. The company's subsidiaries offer services such as payroll processing, human resources management, and employee benefits administration. Century Business Services was founded in 1996 and is headquartered in Denver, Colorado.
Learn more about Century Business Services
Size
6,000 employees
Market Cap
$2.3 billion
Industry
Business Services
Net Income
$78.3 million
Founded
1987
5 Year Trend
+6.7%
Revenue
$963.9 million
NASDAQ
CBZ
* Ladders Estimates

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