Senior Actuarial Analyst

Summary

Requires at least 3 years of experience supporting actuarial services and some experience working in the multiemployer space. This position may also provide actuarial valuation and plan administration support to private and public sector entities and/or the PBGC.

• Lead and/or oversee the preparation, review, reconciliation, and analysis of actuarial valuation data to ensure accuracy, efficiency, and adherence to actuarial standards of practice.
• Lead and/or oversee the preparation and delivery of individual benefit calculations and/or benefit statements.
• Update, or program from scratch, actuarial software or perform review of analysis updates, as needed, for funding and accounting valuations.
• Check/oversee single life test cases review from valuation software prepared by analysts and provide help and coaching as needed.
• Check, oversee, and assist with creation and/or update of spreadsheets/Pro Val Val Sets to produce funding and/or accounting results.
• Review actuarial valuation reports (Funding/Accounting/GASB) including PPA certifications, results letters and presentations for clients, as prepared by analysts coach and assist as needed.
• Support production of actuarial studies such as experience studies, Pro Val/Excel based funding and accounting projections, or other special projects relating to emerging retirement plan issues.
• Coordinate special projects with other team members, including lead consultant.
• Participate in client meetings, as needed.
• Work effectively with colleagues, executive leadership, and clients.
• Be physically in the office 3 days a week if considered hybrid (exceptions provided on an ad-hoc basis).
• Develop strong client relationships through effective communication and understanding of client needs, deadlines, and questions on routine services.
• Provide feedback on process improvement and quality control.
• Provide leadership, feedback, and training to actuarial analysts.
• Maintain ownership and responsibility for quality, accuracy, and timely completion of deliverables.
• Meet internal and external deadlines.
• Ability to check own work before moving work to a checker or reviewer.
• Assist in the maintenance of project timelines.
• Comply with internal quality control and peer review guidelines.
• Weekly completion and submission of timesheet.
• Develop a proficient understanding of funding, accounting, and plan administration rules.
• Stay informed of changes to rules, legislation, and regulations related to single employer, multiemployer, public sector pension plans, and/or the PBGC.
• Take initiative to learn through on the job training or continued actuarial education.
• Successful progression towards attainment of SOA/EA actuarial credentials.

• Comply with all safety policies, practices and procedures. Report all unsafe activities to supervisor and/or Human Resources.
• Participate in proactive team efforts to achieve departmental and company goals.
• Perform other duties as assigned.

• Education:
  
  Bachelor’s degree (B.A.) in Actuarial Science, Mathematics, Economics, Finance, or a related field; and three or more years of related experience and/or training. Prior internship experience is a plus.
• Experience in the multiemployer space is required.
• Certificates and Licenses:
  None required. Preference may be given to candidates who have demonstrated success at passing Society of Actuaries examinations and plan to continue pursuing actuarial credentials.
• Language Ability:
  Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations; write reports, business correspondence, and procedure manuals; and effectively present information and respond to questions from managers, clients, customers, and the general public.
• Math Ability:
  Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations, and permutations; apply mathematical operations to tasks such as frequency distribution, determination of test reliability and validity, and analysis.
• Reasoning Ability:
  Ability to solve practical problems and deal with a variety of concrete…