Manager, Actuarial & Technical Services
Reports to: VP – Chief Actuary Classification: Exempt Job Summary: Support the annual administration of Defined Benefit and Retiree Medical plans. This is a fully remote position.
Responsibilities
Funding and FASB Valuations – Code valuation software (including new plans, plan amendments, life insurance and assumption changes). Reconcile assets and life insurance, calculate contribution requirements, prepare valuation reports and government filings including Form 5500 & PBGC submissions. Benefit Calculations – Prepare/review benefit calculations for qualified and non-qualified plans and including RMDs and QDROs based on the plan provisions, IRS Rules, and actuarial factors. Non-Discrimination Testing – Analyze data and perform 410(b) minimum coverage tests, 401(a)(26) participation tests and 401(a)(4) general tests. Special Projects – Prepare plan amendments, cost/funding projections, and assist with plan terminations in coordination with PBGC. Requirements: College degree required. Actuarial Science, Mathematics or Statistics preferred. Enrolled Actuary designation required; FSA or ASA designation a plus. Ten or more years of practical actuarial and pension experience. Proficient in Proval valuation software. Cash balance plan experience a plus. Knowledge of post-retirement medical plans. Prior supervisory or management experience a plus. Proficient in Microsoft Office, especially a working knowledge of Excel (Visual Basic and Macros a plus). Solid communication skills, both oral and written. Strong interpersonal skills for training, mentoring, delegating, providing feedback. Superior time management skills; adapt to rapidly changing priorities.