Ascensus

Enrolled Actuary, Specialization

Ascensus • $90K — $120K *
US-AnywhereRemote in Washington, US
Finance & Insurance
5 - 7 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in actuarial science, math or related field
  • Enrolled Actuary designation with 5 years industry experience
  • Advanced understanding of pension law and regulations
  • Proficient in actuarial valuations and software systems
  • Strong technical and analytical skills with ability to explain complex issues
  • Excellent verbal and written communication abilities
  • Expertise in Microsoft Office, especially Excel and valuation software

Responsibilities

  • Review and certify client projects including actuarial reports and benefit statements
  • Answer technical questions from staff and provide guidance
  • Research Internal Revenue Code for client issue resolution
  • Conduct technical training sessions for staff
  • Ensure confidentiality and proper handling of sensitive data
  • Demonstrate organizational values in daily operations
  • Assist with additional tasks and projects as assigned

Benefits

  • Supportive organizational culture centered on People Matter, Quality First, and Integrity Always®
  • Opportunities for professional development and technical training
  • Collaborative work environment that values team contributions
  • Engagement with a variety of client projects across pension law and compliance
Full Job Description
Section 1: Position Summary

High level review to ensure quality of client deliverables including research of pension
law and regulations. Responsible for ensuring service standards remain in alignment with the expectations, guidance and direction provided by the FuturePlan Chief Actuary and organizational standards. Serve as an expert in the valuation, administration and compliance of Defined Benefit and Cash Balance plans.

Section 2: Job Functions, Essential Duties and Responsibilities

  • Review, prepare and/or certify client projects and ensure accurate client deliverables including:
    - Actuarial valuations and reports
    - Benefit statements
    - Plan documents, amendments, employee communications (SPDs, etc.)
    - Work performed by other teams as necessary (e.g., Benefit calculations, Form 5500s and PBGC premium forms)
    - IRS determination filings and PBGC (Form 500 series) termination submissions
    - ASC 715/960
    - Perform and review combined plan non-discrimination testing
  • Answer technical questions posed by staff
  • Research the Internal Revenue Code and other technical resources to resolve client issues
  • Provide technical training for staff
  • Provide back up to other teams as necessary
  • 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

  • Bachelor's degree in actuarial science, math or math related field
  • Enrolled Actuary designation with 5 years industry experience
  • Advanced understanding of:
    - Pension law
    - Plan documents and IRS favorable determination letters
    - Actuarial valuations and software systems
  • Excellent technical/analytical skills
  • Ability to research technical issues
  • Ability to explain technical issues to all levels of associates
  • Good verbal and written communication skills
  • Demonstrated expertise with Microsoft Office, particularly Excel applications
  • Demonstrated expertise with industry recognized pension valuation software
  • Detail and accuracy oriented
  • Good time management skills
  • Team Player

About Ascensus

Ascensus is a financial services company that provides retirement, health, and education savings plans to individuals and businesses. The company was founded in 1980 and is headquartered in Dresher, Pennsylvania. Ascensus has over 4,000 employees and serves more than 12 million customers nationwide. The company offers a wide range of retirement plan solutions, including 401(k), 403(b), and IRA plans. Ascensus is committed to helping its customers save for retirement and achieve their financial goals. The company has received several awards for its excellent customer service and innovative products.
Learn more about Ascensus
Size
4,000 employees
Industry
Finance & Insurance
Founded
1980
* Ladders Estimates

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