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Enrolled Actuary

Affinity HR Group, Inc.

Enrolled Actuary

National
Full Time
Paid
  • Responsibilities

    Job Description

    This is a remote position.

    COMPANY:  A 4th generation, family owned TPA, Loren D. Stark Company (LDSCO) https://ldsco.com/ understands our employees are our most valuable asset. When our forefathers founded this company, they established a precedent for integrity, professionalism and loyalty to their employees and clients. This concept has been taught by example in continuing to guard and protect our reputation which has always been the hallmark of LDSCO. As our employees are participants in this honorable tradition, they contribute to LDSCO by maintaining their own personal reputation for integrity, professionalism, and loyalty to the company and to our clients. If you are interested in a stable family-oriented company with a desirable work-life balance and a permanent employer, look no further!

     

    LDSCO is currently seeking an experienced and motivated Enrolled Actuary to manage a caseload of defined benefit plans with exceptional negotiation, research and communication skills. The Enrolled Actuary serves as the primary Actuary for a caseload of retirement plans working with LDSCO’s departments and external plan advisors to satisfy the needs of our plan sponsors with the primary goal of building lasting, value driven, client relationships by providing an exceptional customer service experience. 

    The position offers a remote work opportunity with competitive compensation package.

     

    JOB DESCRIPTION:   The candidate must:     

    Manage a caseload of defined benefit plans including qualified, non-qualified and post retirement welfare plans   

    Supervise a small group of professionals and work on various projects as assigned   

    Run traditional and cash balance DB plan designs projections based on client needs and employee demographics    

    Prepare actuarial valuations, including minimum recommended and maximum funding requirements   

    Perform annual IRS non-discrimination testing, including cross-testing with defined contribution plans 

     

    Review and approve actuarial valuation of defined benefit and cash balance plans   

    Review and sign IRS Form 5500 Schedule SB actuarial report for all such plans   

    Approve initial design and annually review design of defined benefit plans, including suggesting amendments to plans as needed 

     

    Review Financial Accounting Standards Board (FASB) reports for plans requiring such reports 

      Certify annual Pension Benefit Guaranty Corporation (PBGC) premium payment and plan termination findings  

    Review and approve distributions from defined benefit plans   

    Represent plans in IRS audits   

    Research issues regarding pension law and maintain current knowledge of changes in such law   

    Review plan documents, Prepare all required IRS and PBGC filings, including those needed at plan termination   

    Review employee data and to ensure accurate information received within prescribed guidelines and employee census to determine plan eligibility requirements and benefit accruals   

    Calculate benefits and provide forms for participant benefit distributions, including lump sums   

    Review plan assets and trust reconciliations

    Requirements The candidate will:   

    Have 8 or more years’ experience in the industry, specifically with defined benefit and cash balance plans, including non-discrimination testing   

    Demonstrate the ability to supervise a team of professionals while managing many clients and deadlines   

    Hold a bachelor’s degree or comparable professional work experience    

    Demonstrate the ability to work in a fast-paced environment with minimal instruction and a high degree of accuracy   

    Set priorities and manage workflow to ensure efficient, timely and accurate production of tools and materials   

    Maintain a cordial and effective relationship with internal clients, external clients and team members   

    Interact with others effectively, cooperating purposefully and providing information and guidance, as needed, to achieve the business goals of the company   

    Demonstrate superior interpersonal, written and verbal communication, and negotiation skills   

    Display a “get it done” attitude   

    Have technology and computer proficiency in Microsoft Office; ASC & FT Williams experience preferred   

    Have completed actuarial exams

     

    NO PHONE CALLS TO LDSCO, PLEASE.

    Benefits Health

    Dental

    Paid Time Off

    401k