Actuarial Analyst | Combo Plans
About the position Responsibilities • Initiation of benefit calculations, including requests for election kits • Serve as the administrator and point of contact for retirement plans with small business clients and advisors that have a combination of a 401(K) Plan and Solo Plan, traditional Defined Benefit Plan and/or Cash Balance Plan (combo plans) • Effectively communicate combo plan recordkeeping processes with the client • Proactively request information and alert clients to combo plans operational and compliance matters • 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 related to IRS funding rules and regulations • Preparation of accounting reports for plan and company financial statements • Preparation of government filings, including Form 5500 (and schedules), PBGC premium determination, and Form 8955-SSA • Preparation of required DOL notices such as the Annual Funding Notice • Other projects such as Form 4010 filings, plan design changes and audit support • Additional responsibilities as assigned Requirements • High School Diploma or GED • At least three years of professional, pension experience • Possesses comprehensive knowledge of industry and professional concepts, principles, practices, and procedures • Possesses comprehensive 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 • Ability to anticipate and elicit customer needs • Ability to self-learn and develop 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 interact with individuals at all levels of the organization • Capacity to adapt and work effectively within a variety of situations, and with various individuals or groups • Display innovative ideas and solutions and capacity to identify and eliminate redundant work efforts and inefficient processes • Ability to travel as necessary Nice-to-haves • Bachelor's in actuarial science or Business Administration • At least three years of professional Combo Plan experience • Ability to explain complex combo plan design and compliance items in a clear and understandable manner including how the plans will interact • Familiarity with Pension Guarantee Benefit Corporation (PBGC) requirements and filing • Understand and proficiently explain Beginning of Year versus End of Year Valuation Reporting • Excellent client communication skills with the ability to effectively interact with individuals at all levels of the organization Apply tot his job