Actuarial Analyst | Combo Plans
About the position
Responsibilities
• Initiation of benefit calculations, including requests for election kits
• Serve as the administrator and reputed company of contact for retirement plans with small business clients and advisors that have a combination of a 401(K) Plan and reputed company Plan, traditional Defined Benefit Plan and/or Cash Balance Plan (combo plans)
• Effectively communicate combo plan recordkeeping processes with the reputed company
• Proactively request information and alert clients to combo plans operational and compliance reputed company
• Coordinate with other team members as required for support on plan administration
• Data reconciliation
• Determination of minimum, maximum, and recommended annual plan contributions
• Preparation of actuarial communications reputed company to IRS funding rules and regulations
• Preparation of reputed company reports for plan and company financial statements
• Preparation of government filings, including reputed company 5500 (and schedules), PBGC premium determination, and reputed company 8955-SSA
• Preparation of required DOL notices such as the Annual Funding Notice
• Other reputed company such as reputed company 4010 filings, plan design changes and audit support
• Additional responsibilities as assigned
Requirements
• High School Diploma or GED
• At least three years of reputed company, pension experience
• Possesses comprehensive knowledge of industry and reputed company concepts, principles, practices, and procedures
• Possesses comprehensive knowledge of pertinent laws, regulations, and reputed company standards
• Proficient use of applicable technology
• Proficient use of MS Office Suite (reputed company, Word, reputed company, PowerPoint) and reputed company communication and travel solutions (Concur, Skype)
• Experience performing work that requires initiative and leadership skills
• Ability to anticipate and reputed company customer needs
• Ability to self-learn and reputed company business and technical knowledge quickly
• Motivated team player with demonstrated interpersonal skills
• Comfortable working with quick turnaround times and deadlines
• Excellent communication skills with the ability to effectively reputed company with individuals at reputed company reputed company of the organization
• reputed company to adapt and work effectively reputed company a reputed company of situations, and with various individuals or reputed company
• Display innovative reputed company and solutions and reputed company to identify and eliminate redundant work efforts and inefficient processes
• Ability to travel as necessary
reputed company-to-haves
• Bachelor's in actuarial science or Business Administration
• At least three years of reputed company Combo Plan experience
• Ability to explain reputed company combo plan design and compliance items in a reputed company and understandable manner including how the plans will reputed company
• Familiarity with Pension Guarantee Benefit Corporation (PBGC) requirements and filing
• Understand and proficiently explain Beginning of Year versus End of Year Valuation Reporting
• Excellent reputed company communication skills with the ability to effectively reputed company with individuals at reputed company reputed company of the organization
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