Assistant Actuary - Actuarial Support (PAS3)
Job Description
ProSidian Seeks a Assistant Actuary - Actuarial Support (PAS3) (CONUS - Washington, DC (Remote) | Senior Consultant - 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 an Team that provides Federal Financial Services Sector-related Management And Operations Consulting Solutions for Actuarial Support for Multiemployer Special Financial Assistance Services.
This service supports Capital Markets Sector Clients (For Present / Future Requirements) and ProSidian Team Members work as part of a Team to fulfill requirements for a shall participate on Teams and contribute to deliverables that assess potential risks of company decisions or situations using statistics, financial theories, and mathematics. The candidate works as part of an 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 a company's financial risks.
The Assistant Actuary shall be a data-driven professional interested in working with market leading tools and technology to participate on Teams, contribute guidance, and support requirements of clients and Teams of professionals who help clients assess benefit program and organizational risk by leveraging advanced analytics within their federal and/or 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
As a Assistant Actuary within our Government & Public Services (GPS) Team you participate on Teams in the analysis of financial consequences of risk. Other duties and responsibilities include:
Assistant Actuary - Actuarial Support (PAS3) 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 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 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
ASSISTANT ACTUARY SKILLS AND QUALIFICATIONS
THE ASSISTANT ACTUARY WILL USE VARIOUS SKILLS TO PERFORM THEIR JOB DUTIES EFFECTIVELY, WHICH CAN INCLUDE:
PREFERRED ASSISTANT ACTUARY QUALIFICATIONS:
A qualified Assistant 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.
Python experience
Knowledge and experience with/of multiemployer defined benefit plans; Employee Retirement Income Security Act (ERISA), defined benefit plan limitations and guidelines, defined benefit plan assets to pay benefits.
Experience and tools for Financial Analysis, Change Management, Restructuring Actuarial Analysis, Restructuring Negotiations
Experience and tools for Census Data Analysis, Documentation Of Standard Procedures, Management Reports Tracking
Experience and tools for Financial And Actuarial Analysis, Case Reporting, Contribution Projections, Data Analysis, Actuarial Calculations
Experience and tools for working on multiemployer pension plan data and/or familiarity with multiemployer pension plans
Ability to support consultations on pension plan administration leading practices, including process and operational efficiencies
Experience working independently with minimal supervision and guidance
Strong problem solving and troubleshooting skills with experience exercising mature judgment
Proven experience effectively prioritizing workload to meet deadlines and work objectives
Demonstrated ability to write clearly, succinctly, and in a manner that appeals to a wide audience
U.S. Citizenship Required - You must be a United States Citizen
Excellent oral and written communication skills (This employer participates in the e-Verify program)
Proficient with Microsoft Office Products (Microsoft Word, Excel, PowerPoint, Publisher, & Adobe)
All ProSidian staff must be determined eligible for a “Facility Access Authorization” (also referred to as an “Employment Authorization”) by the USG’s designated Security Office.
Other Requirements and Conditions of Employment Apply
May be required to complete a Financial Disclosure Statement
Must be able to submit to and qualify for varying levels of background investigative requirements, up to a Top Secret or DOE "Q" clearance.
Additional Information
CORE COMPETENCIES
OTHER REQUIREMENTS