Senior Actuary - Pension Risk Transfer; PRT SME

Overview

Duration: Long-term, multi-year engagement

Opportunity: Interview directly with the hiring team, no HR or TA steps necessary

Location: 100% REMOTE

• Design, code, and certify benefit calculations for new and legacy Group Annuity Contracts (GACs).
• Interpret legal plan documents and translate provisions into system calculation logic.
• Configure, test, and validate calculations across Pro Admin and Intelli Pen platforms.
• Develop and reconcile sample calculations; resolve client and internal calculation issues.
• Draft, maintain, and update Plan Specifications and BAU calculation documentation.
• Provide BAU and exception (red/yellow) calculation support for active GACs.
• Support data migration and deferred benefit calculations, including file design and validation.
• Act as calculation SME for audits, testing reviews, and compliance activities.
• Partner cross-functionally with Pricing, Legal, Administration, and third-party vendors

• ASA required; FSA or near-FSA strongly preferred.
• 8+ years of experience in PRT annuity administration and benefit calculations.
• Deep expertise in Defined Benefit plan provisions and complex pension calculations.
• Experience with Pro Admin benefit calculation configuration and testing preferred; however, experience with other tools such as Benefits
  
  IQ, Pension Soft, Altair, Pension Gold, PX3000, etc. is satisfactory as well.
• Experience with Intelli Pen and third-party administrators (e.g., Procentia) preferred.
• Strong Excel skills and comfort working with data files and migration logic.
• Proven ability to independently own calculation logic end-to-end.
• Bachelor’s degree in Mathematics, Actuarial Science, Finance, or related field.
• Strong written and verbal communication skills for documentation, audits, and client support.

• Pension Risk Transfer Actuary
• Defined Benefit Calculation Consultant
• Senior Pension Actuary
• Actuarial SME Annuity Calculations
• Staff Actuarial Consultant
• Principal Pension Actuary

26-00080