Actuarial Manager

Are you an Actuary who possesses the ability to utilize valuation and administration skills to support defined benefit and cash balance plans for an entrepreneurially focused enterprise and its clients? Would providing insightful analysis while managing plan performance and maintaining documents and amendments for critical business partners be of interest to you? If so, this Director of Defined Benefits Administration could be for you.
Title: Director of Defined Benefits Administration - Remote
Reports to: VP - Chief Actuary
Salary: $135,000 to $155,000, Bonus eligible
Location: Rye, NY
A successful and growing company that manages assets for financial institutions is seeking to hire a key Director of Defined Benefits Administration to prepare and review actuarial valuations and administration for defined benefit and cash balance plans while managing a team. Additionally, the Director of Defined Benefits Administration will provide consulting to defined benefit and cash balance plan sponsors. This role is fully remote and requires the successful candidate to be an Enrolled Actuary and offers excellent long-term career potential.
Responsibilities: Maintaining an assigned book of defined benefit and cash balance plans.
Preparing actuarial valuations and non-discrimination testing pursuant to ERISA guidelines and IRS procedures.
Providing excellent client service while preparing plan documents and amendments, preparing calculation of retirement distribution benefits, and preparing PBGC filings and notices.
Performing contribution calculations to optimize tax savings and non-discrimination testing, such as Participation Testing (401(a)(26)), Coverage Testing (410(b)), General Testing (401(a)(4)), and preparing earned income calculations for self-employed Plan Sponsors.
Preparing asset reconciliations, including trust accounting, and government filings pursuant to IRS/DOL guidelines and requirements, including Forms 5500 and Schedule SB.
Tracking upcoming deadlines and following up with clients for data.
Performing special projects as needed.
Requirements: BA/BS degree. Enrolled Actuary status required.
5 plus years of experience administering Defined Benefit/Cash Balance plans.
Working knowledge of Salesforce, DATAIR, and FtWilliam desired.
Industry-related credentials (SOA or ASPPA) preferred.
Strong computer skills, including Excel, Word, and Adobe.
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Accounting/Auditing and Finance
Industries: Financial Services and Insurance and Employee Benefit Funds #J-18808-Ljbffr

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