Actuarial Assistant II – Actuarial Support

This is a fully remote position, open to applicants in District of Columbia, +1 more state.

📋 Description

• Assist a federally chartered corporation in promoting the preservation and management of voluntary private defined benefit pension plans.

• Provide actuarial support for Multiemployer Special Financial Assistance services.

• Support teams and lead Service Pod Teams in evaluating the financial implications of risk.

• Conduct testing, assessments, planning, and analysis.

• Create innovative solutions to enhance productivity.

• Maintain organized documentation workflows.

• Lead teams of skilled professionals and offer guidance.

• Analyze statistical data and generate reports.

• Estimate probabilities and anticipated costs for events such as death, natural disasters, or illness.

• Calculate probable insurance policy payouts.

• Generate charts and present information clearly in meetings.

• Analyze reports and determine subsequent actions for clients or the organization.

• Develop client deliverables related to Special Financial Assistance implementation, reporting, monitoring, and application reviews.

• Assist in the development and documentation of standard procedures for SFA approval requests.

• Review plan eligibility, priority groups, applications, certifications, actuarial reports, cash flow projections, assumptions, calculations, census data, and projected benefits.

• Track active, completed, and ongoing SFA cases and prepare case reports.

• Train PBGC staff on SFA application review.

• Monitor plans receiving SFA for compliance with established conditions.

• Prepare summaries, findings reports, and formal actuarial certifications.

• Provide surge support, handle overflow work, assist with litigation support, analyze legislative proposals, and provide training and other necessary assistance.

• Review deliverables to ensure accuracy and quality.

• Offer coaching to junior staff members.

• Contribute to the development of new business proposals.

• Manage personal and professional growth.

⛳️ Requirements

• Bachelor's degree in Mathematics, Economics, Statistics, actuarial science, or a related business field.

• 3+ years of pertinent consulting or industry experience.

• Proficient in word processing, spreadsheets, presentation software, and Internet research tools.

• Experience in identifying and validating pension plan data.

• Background in performing pension plan calculations.

• Attained or currently pursuing actuarial credentials such as ASA, EA, or FSA.

• Must be able to obtain and maintain the required clearance.

• Knowledge of statistics, probability, and calculus.

• Experience with computers and statistical modeling software.

• Understanding of business and financial concepts.

• Python experience is preferred.

• Familiarity with multiemployer defined benefit plans and ERISA is preferred.

• Experience in financial analysis, change management, restructuring actuarial analysis, and restructuring negotiations is preferred.

• Experience with census data analysis, standard procedure documentation, and management report tracking is preferred.

• Background in financial and actuarial analysis, case reporting, contribution projections, data analysis, and actuarial calculations is preferred.

• Ability to support consultations on pension plan administration leading practices is preferred.

• Demonstrated experience working independently with minimal supervision and guidance is preferred.

• Strong problem-solving and troubleshooting abilities are preferred.

• Proven capability to prioritize workload to meet deadlines is preferred.

• Demonstrated ability to write clearly and concisely is preferred.

• U.S. Citizenship is required.

• Excellent oral and written communication skills.

• Proficient in Microsoft Word, Excel, PowerPoint, Publisher, Adobe Acrobat, Outlook, Access, Visio, data analytic tools, and related Microsoft Office products.

• Must be eligible for Facility Access Authorization/Employment Authorization.

• May be required to complete a Financial Disclosure Statement.

• Must be able to submit to and qualify for background investigative requirements, up to Top Secret or DOE Q clearance.

🏝️ Benefits

• Full-time employment.

• Remote work option.

• Opportunities for professional and personal development.

• Opportunities for coaching and guidance.

• Chance to work with diverse, multidisciplinary teams.

• Opportunities to tackle challenges in the private, public, and social sectors.

• Chance to contribute to professional growth and the development of consulting skills.