Ernst & Young

People Consulting-Actuarial Services-Services Manager

Ernst & Young$128K — $265K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Actuarial Science, Mathematics, or Statistics
  • 5-10 years of actuarial work experience
  • Actuarial certification (ASA, FSA, or EA)
  • Flexibility to travel and work beyond standard hours when necessary
  • Proficiency in advanced features of Excel, Word, and PowerPoint
  • Thorough understanding of pension funding calculations and financial statement disclosures

Responsibilities

  • Review pension valuations, vendor assessments, and cost studies for clients
  • Oversee junior staff's work and sign memos for annual audits
  • Engage in team collaboration for client advisory meetings
  • Support business development by preparing proposals and presentations
  • Ensure compliance with IRS non-discrimination testing for retirement plans
  • Respond promptly to client needs to enhance satisfaction
  • Promote an inclusive team environment through facilitated collaboration

Benefits

  • Medical and dental coverage
  • Pension and 401(k) plans
  • Variety of paid time off options
Full Job Description
The opportunity

As a member of our People Consulting (PC) retirement actuarial team, you'll be part of a dedicated group of professionals serving a diverse range of US and global clients. Our team is known for its technical acumen and deep service delivery experience, which sets EY apart in the industry. When you join as a PC Services Manager, you play a crucial role in our mission to create a better working world. You'll apply your knowledge and skills to help clients achieve their business goals, while also growing professionally and enjoying the rewards of delivering high-quality, impactful work.

Your key responsibilities
  • Review of pension valuations, vendor assessments, benefits design/cost studies, transaction due diligence and/or various government reports for a variety of clients
  • Review work of junior staff and sign memorandums as a specialist in required annual audits
  • Participate in advisory client meetings and work within a team environment with company valuations and post-merger integration services to deliver fully integrated benefits services to clients
  • Contribute to business development and client pursuit activities by preparing proposals and delivering presentations for potential and existing clients
  • Review non-discrimination testing requirements of the IRS for retirement plans
  • Contribute to client satisfaction by providing timely and effective responses to client needs and concerns
  • Encourage and facilitate collaboration amongst team members, and promote an inclusive working environment


Skills and attributes for success

Some key capabilities you should be prepared to bring to your projects include:
  • Proficient in planning and execution across multiple high-priority projects
  • Instills a culture of accountability and exceptional time management within the team
  • Excellent analytical, problem-solving, research and communication skills
  • Coordinates client relationship strategies and guides the team in understanding and managing client expectations


To qualify for the role, you must have
  • A bachelor's degree with a concentration in Actuarial Science, Mathematics, or Statistics
  • Five to ten years of work experience
  • An actuarial certification (Associate of the Society of Actuaries (ASA), Fellow of the Society of Actuaries (FSA) or Enrolled Actuary (EA))
  • Flexibility and willingness to travel as well as work in excess of standard hours when necessary
  • Proficiency with more advanced features in Excel, Word, and PowerPoint
  • Experience in reviewing and thorough knowledge of pension funding calculations and financial statement disclosures, including accounting for significant events under US GAAP or:
    • experience with cost analysis for health and welfare plans
    • experience with benefits vendor management
    • experience with HR aspects of financial Due Diligence thorough the full life cycle of an acquisition
    • experience with international benefits plan management and design
    • experience with retirement plan financial management/derisking


What we look for

We are looking for a retirement actuary driven by the prospect of diverse and impactful work. This role is unique due to the wide range of opportunities it presents. You'll contribute to review of financial statement disclosures while working with members of our Assurance practice, engage in a variety of projects to help companies with valuations and post-merger integrations with members of our Strategy and Transactions practice, handle complex pension valuations, and assess retirement and benefit plan risks and develop solutions for our clients. If you're looking for a position that offers variety and the chance to stand out in your field, this is the ideal role for you.

What we offer you
  • The salary range for this job is:
    • New York City, Boston, and Washington DC Metro Areas, Washington State, and Southern California offices - $128,200 to $265,600
    • Bay Area California offices - $133,400 to $276,700
    • All other offices locations in the US, including Sacramento - $106,800 to $243,600
  • Individual salaries within these ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.


Are you ready to shape your future with confidence? Apply today.
  • To make the most of your application experience, please limit yourself to two applications within a six-month period.
  • EY accepts applications for this position on an on-going basis.
  • For those living in California, please click here for additional information.
  • At EY, our values set the foundation for how we work and the behaviors we expect of our people. Any misrepresentation or falsification of information or lack of integrity at any point in the recruiting process may result in withdrawal of your candidacy, revocation of an offer or immediate termination of employment.

About Ernst & Young

Ernst & Young (EY) is a multinational professional services firm that provides audit, tax, consulting, and advisory services to clients in a wide range of industries. The firm was founded in 1989 through the merger of Ernst & Whinney and Arthur Young & Co., and has since grown to become one of the largest professional services firms in the world. EY is committed to building a better working world by helping its clients solve their toughest challenges, and by creating a positive impact on the communities it serves.
Learn more about Ernst & Young
Size
300,000 employees
Industry
Founded
1989

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