Associate Actuary - Actuarial Support (PAS2)
Job Description
ProSidian Seeks a Associate Actuary - Actuarial Support (PAS2) (CONUS - Washington, DC (Remote) | Program Manager - Full-Time) to support an engagement for a federally chartered corporation that encourage the continuation and maintenance of voluntary private defined benefit pension plans. The candidate works as part of a Team that provides Federal Financial Services Sector-related Management And Operations Consulting Solutions for Actuarial Support for Multi-employer Special Financial Assistance Services.
This service supports Capital Markets ProSidian Job Title Sector Clients (For Present / Future Requirements) and ProSidian Team Members work as part of a Team to fulfill requirements for a shall support, lead. Direct engagement teams and contribute to deliverables that assess potential risks of company decisions or situations using statistics, financial theories, and mathematics. In addition, the candidate works as part of a Team that provides Federal Financial Services Sector-related Management And Operations Consulting Solutions for Actuarial Support for Multiemployer Special Financial Assistance Services. Their duties include estimating probabilities of the success of certain business decisions, projecting costs of potential natural disasters, deaths, or sicknesses of company employees, and designing insurance policies or business strategies to reduce their financial risks.
The Associate Actuary shall be a data-driven professional interested in working with market-leading tools and technology to support, lead. Direct engagement teams, contribute guidance, and support clients' requirements and Engagement Teams of professionals who help clients assess benefit program and organizational risk by leveraging advanced analytics within their federal and public sector organization's environment. This role offers the opportunity to advise clients through critical and complex benefit and risk issues while allowing you to develop personally and professionally
Other duties and responsibilities include:
This position shall be designated "Key Personnel." The key personnel are essential to the successful performance of the contract and will assure consistent management control and direction. As a condition of employment, the Associate Actuary is required to maintain Govt. | Client Data in the strictest confidence and agrees not to publish, reproduce, or otherwise divulge Govt. | Client Data in whole or in part, any manner or form, nor to authorize or permit others to do so, taking such reasonable measures as are necessary to limit access to Govt. | Client Data to those contractor employees needing such information to perform the work required under this contract.
Associate Actuary - Actuarial Support (PAS2) Candidates shall work to support requirements for (Actuarial Support Services) and contribute to client deliverables related to Performance Area I: Special Financial Assistance (SFA) implementation reporting and monitoring as well as Special Financial Assistance (SFA) application reviews. In addition, provide Surge Support as part of Performance Area II for Multiemployer Special Financial Assistance (SFA) Actuarial Support:
A1] Performance Area I: Special Financial Assistance (SFA) implementation, reporting, and monitoring:
A2] Performance Area I: Special Financial Assistance (SFA) application reviews
B1] PERFORMANCE AREA II: SURGE SUPPORT: The Contracting Officer may unilaterally execute all or a portion of this optional task area by formal modification of the contract. The ProSidian Team shall not perform work under this section without a formal modification to the contract executed by the Contracting Officer.
B2] PERFORMANCE AREA II: OVERFLOW WORK: The ProSidian Team shall provide the services described above under Performance Area 1, in section 2.5.1 Special Financial Assistance (SFA) implementation, reporting, and monitoring, and section 2.5.2 Special Financial Assistance (SFA) application reviews, when surge support is required to cope with periods of unanticipated workload increase and/or to provide for additional skill sets or additional hours of service to support increased mission requirements of sections 2.5.1 and 2.5.2.
B3] PERFORMANCE AREA II: RELATED SPECIAL PROJECTS: Special projects represent a small portion of surge support but are not limited to the following:
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Qualifications
ASSOCIATE ACTUARY SKILLS AND QUALIFICATIONS
MINIMUM ACTUARIAL QUALIFICATIONS: FSA | Minimum Pension Experience: 8 years | Minimum Pension Experience since receiving Credentials: 2 years. Experience with the valuation of ongoing single employer and/or multiemployer defined benefit pension plans, including some experience in the valuation of plans with complex features such as cash balance plans or plans with early retirement supplements.
THE ASSOCIATE ACTUARY WILL USE VARIOUS SKILLS TO PERFORM THEIR JOB DUTIES EFFECTIVELY, WHICH CAN INCLUDE:
PREFERRED ASSOCIATE ACTUARY QUALIFICATIONS:
A qualified Associate Actuary candidate for the position of will have, at a minimum, a bachelor's degree in actuarial science or a degree in a related field, such as mathematics or statistics. Some actuaries may decide to pursue further education and obtain a master's degree in actuarial science.
Additional Information
CORE COMPETENCIES
OTHER REQUIREMENTS