Enrolled Actuary at Ascensus in Anchorage, Alaska

Posted in Other 7 days ago.





Job Description:

FuturePlan is the nation's largest third-party administrator (TPA) of retirement plans, partnering with advisors in all 50 states. FuturePlan delivers the best of both worlds: high-touch personalized service from local TPAs backed by the strength and security of a large national firm, Ascensus. Our roots go back decades, with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service, innovation and expertise to a fast-growing client base from coast to coast. The FuturePlan team includes more than 500 credentialed plan professionals, 60 actuaries, and one of the industry's largest in-house ERISA teams. Learn more at FuturePlan.com.

Section 1: Position SummaryHigh level review to ensure quality of client deliverables including research of pension
law and regulations. Responsible for ensuring service standards remain in alignment with the expectations, guidance and direction provided by the FuturePlan Chief Actuary and organizational standards. Serve as an expert in the valuation, administration and compliance of Defined Benefit and Cash Balance plans.Section 2: Job Functions, Essential Duties and ResponsibilitiesReview, prepare and/or certify client projects and ensure accurate client deliverables including:
- Actuarial valuations and reports
- Benefit statements
- Plan documents, amendments, employee communications (SPDs, etc.)
- Work performed by other teams as necessary (e.g., Benefit calculations, Form 5500s and PBGC premium forms)
- IRS determination filings and PBGC (Form 500 series) termination submissions
- ASC 715/960
- Perform and review combined plan non-discrimination testing
Answer technical questions posed by staff
Research the Internal Revenue Code and other technical resources to resolve client issues
Provide technical training for staff
Provide back up to other teams as necessary
Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.
Our I-Client service philosophy and our Core Values of People Matter, Quality First and Integrity Always should be visible in your actions on a day to day basis showing your support of our organizational culture.
Assist with other tasks and projects as assigned

Supervision N/A

Section 3: Experience, Skills, Knowledge Requirements Bachelor's degree in actuarial science, math or math related field
Enrolled Actuary designation with 5 years industry experience
Advanced understanding of:
- Pension law
- Plan documents and IRS favorable determination letters
- Actuarial valuations and software systems
Excellent technical/analytical skills
Ability to research technical issues
Ability to explain technical issues to all levels of associates
Good verbal and written communication skills
Demonstrated expertise with Microsoft Office, particularly Excel applications
Demonstrated expertise with industry recognized pension valuation software
Detail and accuracy oriented
Good time management skills
Team Player

We are proud to be an Equal Opportunity Employer

At Ascensus, we aspire to make a difference for others. We are a technology-enabled services company that helps people save for retirement, education, and healthcare through our network of institutional, financial advisor, and state partners. Our culture is guided by sound principles, is committed to high standards, operates with transparency, and welcomes diversity-housed within our Core Values: People Matter. Quality First. Integrity Always.
As a leading independent recordkeeping services partner, retirement plan third-party administrator, and government savings facilitator, we aim to hire associates who find pride in going to work every day knowing that they help more than 12 million people save for what matters.

Ascensus provides equal employment opportunities to all associates and applicants for employment without regard to ancestry, race, color, religion, sex, (including pregnancy, childbirth, breastfeeding and/or related medical conditions), gender, gender identity, gender expression, national origin, age, physical or mental disability, medical condition (including cancer and genetic characteristics), marital status, military or veteran status, genetic information, sexual orientation, criminal conviction record or any other protected category in accordance with applicable federal, state, or local laws ("Protected Status").


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